Broker Spotlight: John Gatto

John GattoPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 17, 2016 indicate that New York-based Merrill Lynch broker/adviser John Gatto has been the subject of customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Gatto (CRD# 1415454).

John Gatto has spent 30 years in the securities industry and has been registered with Merrill Lynch in Jericho, New York since March 2016. Previous registrations include Morgan Stanley in Jericho, New York; Morgan Stanley & Company in Jericho, New York; Citigroup Global Markets in Garden City, New York; and Lehman Brothers in New York, New York. He is a registered broker with 26 US states and territories.

According to his BrokerCheck report, John Gatto has received two customer complaints and three denied customer complaints.

In 2011, a customer alleged John Gatto, while employed at Morgan Stanley Smith Barney, misrepresented the yield and safety of a bond. The customer sought $22,650 in damages in the complaint, which was denied.

In 2005, a customer alleged John Gatto, while employed at Citigroup Global Markets, acted grossly negligent, and misrepresented material facts related to an investment. The customer sought unspecified damages in the complaint, which was denied.

In 2000, a customer alleged John Gatto, while employed at Smith Barney, made unsuitable investment recommendations. The customer sought $9,887 in damages in the complaint, which was denied.

In 2000, a customer alleged John Gatto, while employed at Salomon Smith Barney, misrepresented and recommended an unsuitable investment. The complaint settled for more than $5,300.

In 1993, a customer alleged John Gatto, while employed at Shearson Lehman Brothers, misrepresented material facts related to an investment, breached contract, and breached his fiduciary duty. The complaint settled in 1994 for $70,000.

If you or someone you know has a complaint regarding John Gatto, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup losses. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.