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Customer Alleged Ruben Frezzotti Executed Unauthorized Trades

Ruben Frezzotti

Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on April 12, 2018 indicate that Florida-based Raymond James & Associates broker Ruben Frezzotti has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Frezzotti (CRD# 4439983).

Ruben Frezzotti has spent 15 years in the securities industry and has been registered with Raymond James & Associates in Coral Gables, Florida since 2013. Previous registrations include Morgan Keegan & Company in Coral Gables, Florida (2004-2013); PFIC Securities Corporation in Franklin, Tennessee (2003-2004); and Salomon Smith Barney in New York, New York (2001). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 13, 2005; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 22, 2005; Series 31 (Futures Managed Funds Examination), which he obtained on October 5, 2006; and Series 7 (General Securities Representative Examination), which he obtained on September 11, 2001. . He is a registered broker and investment adviser with five US states and territories: Alabama, California, Florida, New York, and Puerto Rico. He is registered with five self-regulatory organizations (SROs): FINRA, NYSE American LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange.

According to his BrokerCheck report, he has received two customer complaints, one pending customer complaint, and three customer complaints that were closed or denied.

In November 2017 a customer alleged Ruben Frezzotti, while employed at Raymond James & Associates, recommended unsuitable investments, acted grossly negligent, negligently misrepresented and omitted material facts, breached his fiduciary duty, breached contract, violated Florida’s blue sky laws, and committed fraud. The customer is seeking $180,000 in damages in the pending complaint.

In 2012 a customer alleged Ruben Frezzotti, while employed at Morgan Keegan & Company, recommended unsuitable investments and misrepresented material facts. The complaint settled for $25,000.

In 2011 a customer alleged Ruben Frezzotti, while employed at Morgan Keegan & Company, made unsuitable investment recommendations, misrepresented material facts, and churned the account. The complaint settled for $5,000.

In 2010 a customer alleged he, while employed at Morgan Keegan & Company, executed unauthorized trades. The customer sought $46,007 in damages in the complaint, which was denied.

In 2008 a customer alleged he, while employed at Morgan Keegan & Company, misrepresented material facts related to a variable annuity investment’s surrender charges. The customer sought unspecified damages in the complaint, which was closed with no action taken.

If you or someone you know has lost money investing with Ruben Frezzotti, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: 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.