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Morgan Stanley/UBS broker, Enrico Caiazzo: Complaints

shutterstock_212979097The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding New Jersey-based Morgan Stanley broker/adviser Enrico Caiazzo (CRD# 1228870).

Enrico Caiazzo has spent 31 years in the securities industry and has been registered with Morgan Stanley in Lawrenceville, New Jersey since 2010. Previous registrations include UBS Financial Services in Princeton, New Jersey (1990-2010); Prudential-Bache Securities in New York, New York (1986-1990); Dean Witter Reynolds (1894-1986); and First Jersey Securities (1984). Mr. Caiazzo is a registered broker and investment adviser in 28 US states and territories.

According to his BrokerCheck report, Enrico Caiazzo is the subject of five customer complaints and five customer complaints that were denied or withdrawn.

  • In 2013 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, misrepresented material facts related to an investment. The customer sought unspecified damages in the complaint, which was denied.
  • In 2013 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, misrepresented an investment in structured notes. The customer sought $57,500 in damages in the complaint, which was withdrawn.
  • In 2011 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, misrepresented material facts pertaining to an investment. The complaint settled for more than $4,200.
  • In 2011 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, assured him the principal was guaranteed regardless of market conditions. The complaint settled for $40,000.
  • In 2011 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, misrepresented structured products as safe and guaranteed. The complaint settled in 2013 for 105,000.
  • In 2011 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, recommended unsuitable investments in structured products. The complaint settled in 2013 for $88,560.
  • In 2008 a customer alleged Enrico Caiazzo, while employed at UBS Financial Securities, sold auction rate securities “as a cash equivalent” and did not disclose that there was a risk of losing the investment. The complaint settled for $75,000.

If you have lost money investing with Enrico Caiazzo, you may be entitled to recover lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you recover money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.