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Joseph Yanofsky Faces Pending Complaints

shutterstock_212979097The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Colorado-based First Financial Equity broker/adviser Joseph Yanofsky (CRD# 870054).

Joseph Yanofsky has spent 35 years in the securities industry and has been registered with First Financial Equity Corporation in Greenwood Village, Colorado since June 2015. Previous registrations include Merrill Lynch in Greenwood Village, Colorado (1990-2015); Hanifen Imhoff Securities Corporation (1988-1990); Hanifen Imhoff Incorporated (1987-1988); Painewebber Incorporated (1983-1987); EF Hutton & Company (1982-1983); and Merrill Lynch (1979-1982). He is a registered broker and investment adviser in eight US states: Arizona, California, Colorado, Kansas, Minnesota, Nebraska, New York, and Ohio.

According to his BrokerCheck report, Joseph Yanofsky is the subject of three customer complaints and three pending customer complaints. He was additionally discharged from his position at Merrill Lynch.

In 2015 a customer alleged Joseph Yanofsky, while employed at Merrill Lynch, failed to follow instructions and executed unauthorized trades. The complaint settled for $35,000.

In 2015 a customer alleged Joseph Yanofsky, while employed at Merrill Lynch, executed unauthorized trades. The customer is seeking unauthorized damages in the pending complaint.

In 2015 a customer alleged Joseph Yanofsky, while employed at Merrill Lynch, misrepresented material facts and made unsuitable investment recommendations. The customer is seeking $400,000 in damages in the pending complaint.

In 2015 a customer alleged Joseph Yanofsky, while employed at Merrill Lynch, failed to follow instructions and made unauthorized transactions. The customer is seeking $455,000 in damages in the pending complaint.

In 2015 Joseph Yanofsky was terminated from his position at Merrill Lynch following allegations he exercised discretion in non-discretionary accounts, provided inaccurate responses to internal compliance questionnaires, and failed to timely report a customer’s complaint.

In 1985 a customer alleged Joseph Yanofsky, while employed at Merrill Lynch, held a position despite an order to sell. The complaint settled for $750.

In 1984 a customer alleged Joseph Yanofsky, while employed at EF Hutton & Company, misrepresented material facts, churned the account, used discretion, and recommended unsuitable investments. The complaint settled for $20,000.

If you or someone you know has complaints regarding Joseph Yanofsky, 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 collect 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.