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Allan Montalbano Formerly With Worden Capital Management LLC And Four Points Capital Partners LLC Has 15 Customer Complaints For Alleged Broker Misconduct

Who is Allan Montalbano formerly with Worden Capital Management LLC?

Allan Montalbano (CRD #4507029) who was formerly registered with Worden Capital Management LLC and located in Garden City, New York is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Worden Capital Management LLC, Allan Montalbano was associated with Four Points Capital Partners LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Allan Montalbano Customer Complaints

Allan Montalbano has been the subject of 15 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Twelve of Allan Montalbano’s 15 customer complaints were settled in favor of investors. Two of Allan Montalbano’s customer complaints were denied and, to date, the customers have not taken any further action. There is currently one pending customer complaint filed against Allan Montalbano’s former employer Four Points Capital Partners LLC for investment losses caused by the alleged misconduct.

Allegations Against Allan Montalbano

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Multiple claims of Breach of fiduciary duty, negligence, negligent misrepresentation and breach of contract related to the trading of common stocks and separately filed arbitration proceedings.
  • Churning, unsuitability, breach of fiduciary duty, common law fraud, breach of contract related to the trading of common stock and preferred stock.
  • Violation of the Iowa Uniform Securities Act, breach of fiduciary duty, negligent misrepresentation, negligence, and breach of contract related to the trading of common stocks
  • Failure to follow instructions.
  • Unauthorized Trading.

Allan Montalbano Red Flags & Your Rights As An Investor

Of course, Allan Montalbano did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Allan Montalbano at Worden Capital Management LLC and Four Points Capital Partners LLC on alert to review carefully the activity and performance of their accounts and question whether Allan Montalbano has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Worden Capital Management LLC and Four Points Capital Partners LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Worden Capital Management LLC Due To Allan Montalbano

If you have questions about Worden Capital Management LLC, Four Points Capital Partners LLC and/or Allan Montalbano and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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