Erez Law is currently investigating Capital Investment Group, Inc. broker Anthony Pitta (CRD# 1958029) regarding allegations of misrepresentations. He has been registered with Capital Investment Group, Inc. in Melville, New York since 2010.
Anthony Pitta Customer Complaints
He has been the subject of three customer complaints between 2018 and 2022, one of which was closed without action, according to his CRD report:
September 2022. “In April, 2021, [REDACTED] and [REDACTED] purchased $100,000 of GWG Holdings, Inc. in a joint account. Although the purchase was made by both [REDACTED], only [REDACTED] was a named claimant in the Statement of Claim. The allegations included unsuitability of the investment for the claimant, breach of fiduciary duty by the firm and, material misrepresentations and omissions of information to the client.” The customer is seeking $100,000 in damages.
July 2022. “Misrepresentation of the risk and nature of the security purchased. For the purpose of full transparency, although the representative was not named as a respondent, he was clearly referenced in the Statement of Claim.” The customer is seeking $625,000 in damages and the case is currently pending. The complaint was regarding direct investments and LP interests.
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, Capital Investment Group, Inc. may be liable for investment or other losses suffered by Anthony Pitta’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you 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.
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