Were You the Victim of Four Points Capital Partners LLC Broker Michael Martino?
Posted on Monday, October 5th, 2020 at 5:58 pm
Erez Law is interested in speaking with investors who may have suffered losses due to investments with Four Points Capital Partners LLC broker Michael Martino (CRD# 2579146). Martino has been registered with Four Points Capital Partners LLC in New York, New York since 2011.
Martino has been the subject of six customer complaints between 1998 and 2020, one of which was denied, according to his CRD report. The most recent complaints are regarding:
June 2020. “Allege that between 2014-2017, reps provided unsuitable recommendations with unsuitable concentrations, with unreasonable commissions and failure to know their customer.” The customer is seeking $543,163 in damages and the case is currently pending. The complaint is regarding common and preferred stocks.
February 2020. “Mismanagement of accounts between 2011 and 2017.” The customer is seeking $107,038 in damages and the case is currently pending. The complaint is regarding common and preferred stocks.
January 2020. “Customer alleges that between 2016 and 2019 rep provided poor advice on prospective trades in which customer lost funds.” The customer is seeking $200,000 in damages and the case is currently pending. The complaint is regarding common and preferred stocks.
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, Four Points Capital Partners LLC may be liable for investment or other losses suffered by Martino’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.