SEC Charges John A. Masanotti, Jr. with Stealing Clients’ Money – Goodman & Nekvasil, P.A. May Recover Investor Losses
SEC Charges John A. Masanotti, Jr. with Stealing Clients’ Money
John Masanotti, Jr. a former financial advisor in Darien, Connecticut, is facing charges of taking $5.9 million from clients. According to the SEC Complaint, Masanotti and his company, Middlesex Mortgage Group, LLC, deceived multiple investors – mainly seniors – into giving him hundreds of thousands of dollars each. The defendants also allegedly used investor money to make Ponzi-like payments back to investors and stole some of their money for Masanotti’s own personal purposes.
SEC Charges John A. Masanotti, Jr. with Stealing Clients’ Money.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 5/10/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.