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Eddie Basora Has Been Named in a Pending FINRA Complaint

Eddie BasoraPublic records published by the Financial Industry Regulatory Authority (FINRA) on April 11, 2017 indicate that former Florida-based Merrimac Corporate Securities broker Eddie Basora has been named in a pending FINRA complaint and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Basora (CRD# 4388378).

Eddie Basora has spent twelve years in the securities industry and was most recently registered with Merrimac Corporate Securities in Altamonte Springs, Florida (2008-2014). Previous registrations include Financial Network Investment Corporation in Orlando, Florida; First Montauk Securities in Orlando, Florida; Synergy Investment Group in Orlando, Florida; and Allen Douglas Securities in Winter Park, Florida. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has been named in a pending FINRA complaint and has received one unsatisfied tax lien.

In December 2016 Eddie Bascora was named in a FINRA complaint alleging he willfully failed to timely amend his Form U4 to disclose a felony charge and a nolo contendere plea. According to the complaint: “on three occasions, Basora failed to appear for FINRA requested on-the-record testimony without having been excused by FINRA, and to date has not contacted FINRA staff to reschedule the testimony. Basora’s failure to appear and testify as requested impeded FINRA’s investigation and prevented FINRA from completing its regulatory responsibility to fully investigate potential rule violations, including those for failing to timely update his Form U4 to disclose a federal tax lien and three bankruptcies.” The complaint remains pending.

In 2010 the Internal Revenue Service filed a tax lien totaling $12,622.48 against Eddie Bascora. The lien remains outstanding.

If you have lost money investing with Eddie Bascora, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. 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.