Buckman, Buckman & Reid, Inc. broker Richard Panno (CRD# 724727) faces customer complaints. He has been registered with Buckman, Buckman & Reid, Inc. in North Palm Beach, Florida, since 2010.
Richard Panno Customer Complaints
He has been the subject of two customer complaints between 2017 and 2025, according to his CRD report:
June 2025. “Failure to supervise.” The customer sought $2,250,000 in damages, and the case was settled for $1,250,000. The complaint was regarding options losses.
July 2017. “Claim states that I was employed as the compliance officer for the firm for the 3 yrs. prior to my accepting the position.2011 thru 2012. Poor recommendations by rep.” The customer sought $131,549 in damages, and the case was settled for $85,000. The complaint was regarding equity OTC and common and preferred stock losses.
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, Buckman, Buckman & Reid, Inc. may be liable for investment or other losses suffered by Richard Panno’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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