Were you the victim of former Worden Capital Management LLC broker John Calardo (CRD# 6063938)? Calardo was registered with Four Points Capital Partners LLC in New York, New York from 2017 to 2018, with Worden Capital Management LLC in New York, New York from 2016 to 2017, and with Legend Securities, Inc. in New York, New York from 2013 to 2016.
Calardo has been the subject of one customer complaint, according to his CRD report:
February 2019. “Violation of Wisconsin Uniform Securities Act, Negligence and Negligent Misrepresentation, Unsuitability, Fraud, Churning and Excessive Trading.” The customer is seeking $300,000 in damages and the case is currently pending. The complaint was regarding equity OTC and common and preferred stocks and took place while Calardo was registered with Worden Capital Management LLC.
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, Worden Capital Management LLC may be liable for investment or other losses suffered by Calardo’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.