Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on November 25, 2016 indicate that former Connecticut-based Source Capital Group broker Donald Saccomano is the subject of a pending FINRA complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Saccomano (CRD# 408673).
Donald Saccomano has spent 34 years in the securities industry and was most recently registered with Source Capital Group in Westport, Connecticut (2011-2016). Previous registrations include Janney Montgomery Scott in Darien, Connecticut; Morgan Stanley DW in Purchase, New York; Painewebber in Weehawken, New Jersey; Kidder Peabody & Company in New York, New York; Smith Barney Shearson in New York, New York; Smith Barney Shearson in New York, New York; and AG Edwards & Sons in St. Louis, Missouri. He is currently not registered with any state or firm.
According to his BrokerCheck report, Donald Saccomano has received one customer complaint and one pending regulatory complaint.
In 2015 Donald Saccomano was named in a FINRA complaint alleging he made unsuitable investment recommendations, misrepresented material facts related to investments, and failed to supervise. The action remains pending.
In 2007 a customer alleged Donald Saccomano, while employed at Janney Montgomery Scott, made unauthorized trades in 2005, 2006 and 2007. The complaint settled for $51,000.
If you have complaints regarding Donald Saccomano, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on a contingency basis: Fitapelli Kurta only receives payment if and when you recover money. You may have a limited window by law to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.