The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding California-based Independent Financial broker/adviser Nicholas DeStefano (CRD# 2933489).
Nicholas DeStefano has spent sixteen years in the securities industry and has been registered with Independent Financial Group in Folsom, California since 2014. Previous registrations include WFG Investments in Dallas, Texas (2013-2014); Merrill Lynch in El Dorado Hills, California (2011-2013); WRP Investments in Folsom, California (2010); Securities America in Folsom, California (2009-2010); Brecek & Young Advisors in Folsom, California (2006-2009); Money Concepts Capital Corporation in Folsom, California (2003-2006); Equity Services in Montpelier, Vermont (1999-2002); Wells Fargo Securities in San Francisco, California (1999); Piper Jaffray in Minneapolis, Minnesota (1998-1999); and Pruco Securities Corporation in Newark, New Jersey (1997-1998). He is a registered broker and investment adviser in California and Idaho.
According to his BrokerCheck report, Nicholas DeStefano is the subject of one customer complaint and one financial disclosure.
In 2014 a customer alleged Nicholas DeStefano, while employed at Money Concepts Capital Corporation, breached his fiduciary duty, failed to supervise, acted negligently, breached contract, violated the California Financial Elder Abuse Statute, and unsuitably recommended an investment in a real estate investment trust. The complaint settled for $10,000.
In 2008 Nicholas DeStefano filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the Eastern District of California. The disposition was discharged in 2009.
If you have lost money investing with Nicholas DeStefano, 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.