Former American Capital Partners, LLC Broker Anthony Vultaggio Jr. Private Placement Losses
Posted on Wednesday, February 19th, 2020 at 8:31 pm
Were you the victim of former American Capital Partners, LLC broker Anthony Vultaggio Jr. (CRD# 5292477)? Vultaggio has been registered with American Capital Partners, LLC in East Meadow, New York from 2007 to 2017.
In September 2017, FINRA barred Vultaggio after he “consented to the sanction and to the entry of findings that he refused to appear for FINRA requested on-the-record testimony during the course of an examination into his potential undisclosed offering of securities through an undisclosed outside business without prior notice to or consent from his member firm.”
Vultaggio has been the subject of one customer complaint, according to his CRD report:
August 2019. “Claimant invested in a private placement that was neither related nor connected to the Firm.” The customer is seeking $700,000 in damages and the case is currently pending.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, American Capital Partners, LLC may be liable for investment or other losses suffered by Vultaggio’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.