Did You Lose Money Investing with First Standard Financial Company LLC Broker Joseph Orlando Jr.?

First Standard Financial Company LLC

Erez Law is currently investigating First Standard Financial Company LLC broker Joseph Orlando Jr. (CRD# 2882204) regarding investment losses due to unauthorized trading. Orlando has been registered with First Standard Financial Company LLC in Red Bank, New Jersey since 2016.

Orlando has been the subject of two customer complaints in 2019, according to his CRD report:

  • April 2019. “Unauthorized trading, excessive trading, high commissions.” The case is currently pending. This case is regarding common and preferred stocks.
  • March 2019. “Unauthorized trading.” The customer is seeking $48,000 in this pending customer complaint. This case is regarding options.

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, First Standard Financial Company LLC may be liable for investment or other losses suffered by Orlando’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.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.