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Broker Mark Pompeo Suspended for Private Placement

shutterstock_101843953According to records provided by the Financial Industry Regulatory Authority (FINRA), former Massachusetts-based CCO Investment Services broker Mark Pompeo is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Pompeo (CRD# 1897147).

Mark Pompeo has spent 26 years in the securities industry and was most recently registered with CCO Investment Services in Weymouth, Massachusetts (2012-2015). Previous registrations include Ocean Cross Capital Markets in Westport, Connecticut (2011-2012); Southridge Investment Group in Ridgefield, Connecticut (2010-2011); LPL Financial Corporation in Hingham, Massachusetts (2008-2010); Raymond James Financial Services in Plymouth, Massachusetts (2006-2008); Wachovia Securities Financial Network in Plymouth, Massachusetts (2004-2006); Wachovia Securities in St. Louis, Missouri (1999-2004); First Union Capital Markets in Charlotte, North Carolina (1998-1999); Legg Mason Wood Walker in Baltimore, Maryland (1994-1998); Gruntal & Company in New York, New York (1992-1994); Fechtor Detwiler & Company in Boston, Massachusetts (1989-1992); and Shearson Lehman Hutton (1988-1989). He is currently not registered with any state or firm.

According to his BrokerCheck report, Mark Pompeo is the subject of one regulatory sanction and one denied customer complaint.

In 2013 FINRA sanctioned Mark Pompeo following allegations that, while participating in a private placement offering at his member firm, Ocean Cross Capital Markets, he regularly provided emailed updates and information to prospective investors, constituting communications with the public in contravention with firm policy. Mr. Pompeo was issued a $5,000 fine and a 10-day suspension from the securities industry.

In 2003 a customer alleged Mark Pompeo, while employed at Wachovia Securities, failed to sell stocks as instructed, and additionally failed to place proceeds in a proper investment. The customer sought more than $16,000 in damages in the complaint, which was denied.

If you have suffered losses while investing with Mark Pompeo, you may be entitled to a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only get paid 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.