DID ROBERT FREDERICK GENITO CAUSE YOU INVESTMENT LOSSES?
Robert Genito Formerly With PFS Investments Has 3 Customer Complaints For Alleged Broker Misconduct
Who is Robert Genito formerly with PFS Investments?
Robert Genito (CRD #4760338) who was formerly registered with PFS Investments and located in Bonita Springs, Florida is a subject of one of our many securities industry sales practice abuse investigations.
Robert Genito was also the subject of a FINRA investigation into whether he was engaging in or outside business activities. According to FINRA, he refused to cooperate with its investigation and instead consented to the sanction and entry of findings that he refused to appear for a FINRA on-the-record testimony requested in connection with its investigation and the sanction of a permanent bar from any further association with any member firm in any capacity.
Robert Genito Customer Complaints
Robert Genito has been the subject of 3 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Robert Genito’s 3 customer complaints was settled in favor of investors. There are currently two pending customer complaints filed against PFS Investments for investment losses caused by Robert Genito’s alleged misconduct.
Allegations Against Robert Genito
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Clients alleged that the variable annuity investment Robert Genito recommended was not a suitable investment.
- Customer alleged Robert Genito failed to repay a promissory note issued to customer for the benefit of Mr. Genito’s outside business.
Robert Genito Red Flags & Your Rights As An Investor
Of course, Robert Genito 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 Robert Genito at PFS Investments on alert to review carefully the activity and performance of their accounts and question whether Robert Genito has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at PFS Investments 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 PFS Investments Due To Robert Genito
If you have questions about PFS Investments and/or Robert Genito 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.