DID BRUCE ANTHONY CIALLELLA CAUSE YOU INVESTMENT LOSSES?
Bruce Ciallella of Cabot Lodge Securities and Formerly with IFS Securities and Summit Brokerage Services Has 7 Customer Complaints for Alleged Broker Misconduct
Who is Bruce Ciallella of Cabot Lodge Securities?
Bruce Ciallella (CRD #719050) who is currently registered with Cabot Lodge Securities and located in Boca Raton, Florida is a subject of one of our many securities industry sales practice abuse investigations.
Prior to Cabot Lodge Securities, Bruce Ciallella was associated with IFS Securities, Summit Brokerage Services, and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Bruce Ciallella Customer Complaints
Bruce Ciallella has been the subject of 7 customer complaints that we know about. One of Bruce Ciallella’s 7 customer complaints resulted in an arbitration award in favor of the investors. Four of Bruce Ciallella’s 7 customer complaints were settled in favor of investors.
One of Bruce Ciallella’s customer’s complaints was denied and the customers did not take any further action. There is currently one pending customer complaint filed against Summit Brokerage Services for investment losses caused by Bruce Ciallella’s alleged misconduct.
Allegations Against Bruce Ciallella
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- The client alleges illegal investment advice by Bruce Ciallella.
- The client states that Bruce Ciallella allegedly recommended unsuitable securities while at JW Genesis.
- The client alleges self-dealing and fraud, excessive trading, unsuitable investments, concentrated stock positions, failure to properly manage the account, unauthorized trading, breach of fiduciary duty, misrepresentation and omissions, violation of the Florida Securities and Investor Protection Act by Bruce Ciallella.
Bruce Ciallella Red Flags & Your Rights as An Investor
Of course, Bruce Ciallella 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 that should put all current and former customers of Bruce Ciallella at Cabot Lodge Securities, IFS Securities, and Summit Brokerage Services on alert to review carefully the activity and performance of their accounts and question whether Bruce Ciallella has engaged in any stockbroker misconduct that may have caused them investment losses.
A large number of customer complaints at Cabot Lodge Securities, IFS Securities, and Summit Brokerage Services 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 Cabot Lodge Securities Due to Bruce Ciallella
If you have questions about Cabot Lodge Securities, IFS Securities, Summit Brokerage Services, and/or Bruce Ciallella 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.