Dominic Tropiano – Financial Advisor Dominic Tropiano Barred from Securities Industry

Dominic Tropiano – Financial Advisor Dominic Tropiano Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Dominic Tropian Financial Advisor CRD #4761462

Dominic Tropiano was formerly licensed with America Northcoast Securities, Inc. and Key Investment Services LLC. FINRA reports that Ricardo Rodriguez was barred from the securities and investment banking industry in May 2019.

ACCORDING TO FINRA: Dominic Tropiano consented to the sanction and to the entry of findings that he recommended transactions involving non-traditional exchange-traded funds (ETFs) to customers, without having a reasonable basis to believe those transactions were suitable for anyone, due to Dominic Tropiano’s lack of understanding of the unique risks, terms and features of the products. The findings stated that Dominic Tropiano’s recommendations involving non-traditional ETFs were also unsuitable for those customers in light of their investment profiles, which included conservative investment objectives. The findings also stated that Dominic Tropiano caused non-traditional ETF transactions to be placed in customers’ securities accounts without the customers’ knowledge or consent, and in the absence of written or oral authorization for him to place such trades. The findings also included that Dominic Tropiano was not properly registered with FINRA while engaging in the securities business of a firm by soliciting the purchase and sale of non-traditional ETFs in the accounts of firm customers.

According to Dominic Tropiano’s CRD, 6 customer disputes alleging sales practice violations against Dominic Tropiano are currently pending. According to Dominic Tropiano’s CRD, these allegations include breach of fiduciary duty, unsuitability, unauthorized trading and failure to supervise among other allegations. According to Dominic Tropiano’s CRD, these disputes allege damages of $800,000, $400,000, $330,000, $250,000 $150,000 and $100,000.

If you lost any money on investments with Dominic Tropiano, you may be able to recover your losses. If you lost money on investments with Dominic Tropiano and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Dominic Tropiano’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Dominic Tropiano and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us. 

Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange

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