Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 4, 2016 indicate that former Ohio-based Sterne Agee Financial Services broker John Corsi is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Mr. Corsi (CRD# 1268728).
John Corsi has spent 22 years in the securities industry and was most recently registered with Sterne Agee Financial Services in Parma, Ohio (2014-2015). Previous registrations include WRP Investments in Parma, Ohio; WRP Investments in Youngstown, Ohio; Capital Analysts in Cincinnati, Ohio; H&R Block Financial Advisors in Detroit, Michigan; NEBS Financial Services in Cleveland, Ohio; Investacorp in Miami, Florida; WRP Investments in Youngstown, Ohio; and Intersecurities in St. Petersburg, Florida. He is currently not registered with any state or firm.
According to his BrokerCheck report, John Corsi is the subject of one pending customer complaint and one pending FINRA investigation.
In February 2016, a customer alleged that John Corsi, while employed at WRP Investments, “caused them and a family member to invest large sums in an unsuitable investment.” The customer is seeking $750,000 in damages in the pending complaint.
In December 2015, John Corsi was named in a FINRA investigation into potential outside business activities. The investigation remains pending.
In December 2015, John Corsi was discharged from his position at Sterne Agee Financial Services following allegations that he violated firm policy with regard to outside business activities.
If you have complaints regarding or have lost money investing with John Corsi, you may be entitled to recoup your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means we only get paid if and when you collect 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.