Erez Law Investigates Janney Montgomery Scott Broker John Corello

Janney Montgomery Scott LLC

Can I recover losses from investments with Janney Montgomery Scott broker John Corello (CRD# 1407750)? He has been registered with Janney Montgomery Scott in Allentown, Pennsylvania, since 1990.  

John Corello Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

December 2023. “Power of Attorney for client alleges that Advisor recommended the purchase of unsuitable securities in the client’s accounts. Allegation Time Period: November 2021 to Present.” The case is currently pending. The complaint was regarding closed-end funds.

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, Janney Montgomery Scott may be liable for investment or other losses suffered by John Corello’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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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.