| Read Time: 2 minutes | UBS Financial Services Complaints |


Anthony Sica of Joseph Gunnar & Co. Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Anthony Sica of Joseph Gunnar & Co.?

Anthony Sica (CRD #1332626) who is currently registered with Joseph Gunnar & Co.and located in New York, New York is a subject of one of our many securities industry sales practice abuse investigations.

Anthony Sica has had he share of regulatory problems with 2 state investigations and one FINRA investigation resulting in a suspension for 3 months, an order of restitution, and a $20,000 fine for allegedly repeatedly recommending that an elderly customer living on a fixed income purchase high risk, speculative securities that were inconsistent with her investment profile.  Further, Anthony Sica’s alleged recommendations resulted in an undue concentration of the customer’s account speculative securities.  Moreover, the allegedly engaged in short-term in-and-out trading of’s the speculative investments in the customer’s account, causing substantial losses.

Anthony Sica Customer Complaints

Anthony Sica has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Three of Anthony Sica’s 4 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against Joseph Gunnar & Co. for investment losses caused by Anthony Sica’s alleged misconduct.

Allegations Against Anthony Sica

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

  • Claimant alleged unsuitable investments, negligent supervision, and related causes in connection with certain private placements made by Anthony Sica.
  • Letter received alleging Anthony Sica’s unsuitability, frequent trading, unauthorized trading and KYC customer rules.
  • Poor performance, mismanagement and unsuitable investments allegedly by Anthony Sica.

Anthony Sica Red Flags & Your Rights As An Investor

Of course, Anthony Sica 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 Anthony Sica at Joseph Gunnar & Co. on alert to review carefully the activity and performance of their accounts and question whether Anthony Sica has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Joseph Gunnar & Co. 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 Joseph Gunnar & Co. Due To Anthony Sica

If you have questions about Joseph Gunnar & Co. and/or Anthony Sica 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.

Author Photo

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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars