DID MARK SCORDATO CAUSE YOU INVESTMENT LOSSES?
Mark Scordato Of J.W. Cole Financial, J.W. Cole Advisors, Mark Scordato & Associates And Formerly With G.F. Investment Services And Global Financial Private Capital Has 2 Customer Complaints For Alleged Broker Misconduct
Who is Mark Scordato of J.W. Cole Financial?
Mark Scordato (CRD #4518684) who is currently registered with J.W. Cole Financial, J.W. Cole Advisors, Mark Scordato & Associates and located in Parsipanny, New Jersey is a subject of one of our many securities industry sales practice abuse investigations. Prior to J.W. Cole Financial, J.W. Cole Advisors, and Mark Scordato & Associates, Mark Scordato was associated with G.F. Investment Services, Global Financial Private Capital and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Mark Scordato Customer Complaints
Mark Scordato has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Mark Scordato’s 2 customer complaints was settled in favor of investors. One of Mark Scordato’s customers’ complaints was denied and, to date, the customer has not taken any further action.
Allegations Against Mark Scordato
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Alleged Mark Scordato’s fraudulent preparation of applications and suitability forms, including the deliberate misstatement of claimant asset base resulted with the placement of the claimant’s assets into unsuitable investments, therefore incurring damages due to the early liquidations of various annuities and investment accounts.
- Client alleged unauthorized purchase of fixed insurance product by Mark Scordato.
Mark Scordato Red Flags & Your Rights As An Investor
Of course, Mark Scordato 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 Mark Scordato at J.W. Cole Financial, J.W. Cole Advisors, Mark Scordato & Associates, G.F. Investment Services, and Global Financial Private Capital on alert to review carefully the activity and performance of their accounts and question whether Mark Scordato has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.W. Cole Financial, J.W. Cole Advisors, Mark Scordato & Associates, G.F. Investment Services, and Global Financial Private Capital 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 J.W. Cole Financial Due To Mark Scordato
If you have questions about J.W. Cole Financial, J.W. Cole Advisors, Mark Scordato & Associates, G.F. Investment Services, and Global Financial Private Capital, and/or Mark Scordato 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.