The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding the California-based brokerage and advisory firm Alamo Capital (CRD# 26193).
Formed in California in 1987, Alamo Capital is headquartered in Walnut Creek, California and registered in 32 US states and territories. Nancy Ann Ruehle Mullally is Chief Executive Officer and Chief Financial Officer; Allison Victoria Kent-Aster is Chief Compliance Officer; William John Mullally is President. Securities are offered through First Southwest.
According to the firm’s BrokerCheck report, Alamo Capital is the subject of three regulatory sanctions.
In 2011 the Financial Industry Regulatory Authority (FINRA) sanctioned Alamo Capital following allegations the firm failed to report TRACE-eligible securities as required by securities regulations. Alamo Capital was censured and issued a fine of $7,500.
In 2003 the National Association of Securities Dealers (NASD) sanctioned Alamo Capital following allegations the firm failed to report TRACE-eligible securities within 75 minutes after the transactions were executed. NASD’s allegations additionally stated that Alamo Capital had exhibited “a pattern or practice of late reporting without exceptional circumstances.” Alamo Capital was issued a fine of $5,000.
In 2000 the NASD sanctioned Alamo Capital following allegations the firm incorrectly reported a transaction in a FIPS security and high yield securities. Alamo Capital was issued a fine of $5,000.
If you or someone you know has lost money investing with Alamo Capital, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 now for a free consultation. You may entitled to recover your losses. All cases are taken on a contingency fee, which means we do not get paid unless and until you recover money. Time to file your claim may be limited, so do not delay. Call 877-238-4175 now to speak to an attorney for free.