| Read Time: 2 minutes | Securities America Complaints |


Nicholas Trifiro Of Securities America, Inc. And Formerly With Investacorp Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Nicholas Trifiro of Securities America, Inc.?

Nicholas Trifiro (CRD #2682851) who is currently registered with Securities America, Inc. and located in Rochester, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Securities America, Inc., Nicholas Trifiro was associated with Investacorp and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Nicholas Trifiro Customer Complaints

Nicholas Trifiro 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. Both of Nicholas Trifiro’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Nicholas Trifiro

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

  • Client claimed Nicholas Trifiro’s purchases of Eaton Vance Senior Floating Rate, Federated High Income and Fidelity High Income were not appropriate. Mutual fund switches occurred when after several conversations it was determined client income needs were in excess of current earnings. Mr. TrifiroI met with client reviewed her 650k portfolio of stocks, bonds, mutual fund and partnerships and she was ok. She called the manager and demanded to be made whole on perceived losses. Client followed up with a detailed letter claiming losses.
  • Customers alleged Nicholas Trifiro recommended an unsuitable investment strategy.

Nicholas Trifiro Red Flags & Your Rights As An Investor

Of course, Nicholas Trifiro 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 Nicholas Trifiro at Securities America, Inc. and Investacorp on alert to review carefully the activity and performance of their accounts and question whether Nicholas Trifiro has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Securities America, Inc. and Investacorp 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 Securities America, inc. Due To Nicholas Trifiro

If you have questions about Securities America, Inc., Investacorp, and/or Nicholas Trifiro 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 $125 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