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National Securities broker John Galinsky: Complaints

shutterstock_120747304The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Illinois-based National Securities broker John Galinsky (CRD# 1513926).

John Galinsky has spent twenty-eight years in the securities industry and has been registered with National Securities Corporation in Chicago, Illinois since 2012. Previous registrations include Fintegra, LLC in Chicago (2010-2011); Advanced Equities in Chicago (1999-2009); David A. Noyes & Company in Chicago (1996-1999); Rothschild Investment Corporation in Chicago (1993-1996); Oppenheimer & Company in New York, New York (1990-1993); Shearson Lehman Hutton in New York, New York (1989-1990); Bear, Stearns & Company in New York, New York (1988-1989); and Blinder Robinson & Company (1986-1988). One of Mr. Galinsky’s former employers, Advanced Equities, has since been expelled by the Financial Industry Regulatory Authority (FINRA).

According to his BrokerCheck report, John Galinsky is the subject of four customer complaints and was discharged from Advanced Equities and David A. Noyes & Company.

In 2013 a customer alleged John Galinsky, while employed at Fintegra LLC, breached his fiduciary duty, misrepresented and omitted material facts, and recommended an unsuitable investment in a private placement. The complaint resulted in an award to the customer of more than $1,193,200.

In 2006 John Galinsky was terminated from his position at Advanced Equities following allegations he violated firm policy and NASD rules regarding standards of high commercial honor.

In 2000 a customer alleged John Galinsky, while employed at David A. Noyes & Company, executed unauthorized trades and trades on margin, and misappropriated funds. The complaint settled for an unspecified amount.

In 1999 John Galinsky was terminated from his position at David A. Noyes & Company following allegations the firm was contacted by customers regarding an offshore investment not included in the firm’s official books and records.

In 1995 a customer alleged John Galinsky, while employed at Shearson Lehman, executed unauthorized trades, made margin calls, and breached his fiduciary duty. The complaint settled in 1996 for $10,000.

In 1992 a customer alleged John Galinsky, while employed at Oppenheimer & Company, breached his fiduciary duty, failed to supervise his representatives, misrepresented material facts, and recommended an unsuitable investment. The complaint resulted in an award to the customer of $25,000.

In 1990 the Illinois Securities Department sanctioned John Galinsky following allegations he failed to deliver a prospectus, misrepresented and omitted material facts, and recommended an unsuitable investment. Mr. Galinsky was prohibited from selling securities except in compliance with regulation.

If you or someone you know has complaints regarding John Galinsky, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on contingency: we only receive payment if and when you recover money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.