Were you the victim of Benjamin F. Edwards & Company, Inc. broker Samuel Annitto (CRD# 822704)? Annitto has been registered with Benjamin F. Edwards & Company, Inc. in Red Bank, New Jersey since 2014.
Annitto has been the subject of four customer complaints between 2006 and 2021, one of which was withdrawn, according to his CRD report. The most recent complaint is regarding:
January 2021. “Claimant alleges that since 2014, she was sold unsuitable investments with high commissions without explanation of the risks involved and that improper withdrawals by a co-trustee were allowed to go unchecked.” The customer is seeking $100,000 in damages and the case is currently pending. The complaint was regarding equity OTC, mutual funds, and unit investment trusts (UITs).
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, Benjamin F. Edwards & Company, Inc. may be liable for investment or other losses suffered by Annitto’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.