Erez Law is currently investigating Raymond James Financial Services, Inc. financial advisor George Puliafico (CRD# 1158596) regarding investment losses due to sector concentration. Puliafico has been registered with Raymond James Financial Services, Inc. in Walpole, Massachusetts since 1999.
Puliafico has been the subject of one customer complaint, according to his CRD report:
April 2018. “Negligence, Breach of Fiduciary Duty, Negligent Supervision & Breach of Contract.” The customer is seeking $2 million in damages and the case is currently pending. The case is regarding sector concentration and master limited partnerships (MLPs).
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, Raymond James Financial Services, Inc. may be liable for investment or other losses suffered by Puliafico’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.