Broker Matthew Garbarino Was Fined and Issued a Four-Month Suspension

Matthew Garbarino

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on April 14, 2017 indicate that Connecticut-based Lincoln Financial Advisors Corporation broker/adviser Matthew Garbarino has been sanctioned by FINRA. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Garbarino (CRD# 5653747).

Matthew Garbarino has spent eleven years in the securities industry and has been registered with Lincoln Financial Advisors in Danbury, Connecticut since 2010. He has no previous registrations. He has passed two securities industry examination: Series 66 (Uniform Combined State Law Examination) and Series 7 (General Securities Representative Examination). He is a registered broker and investment adviser with eleven US states and territories: California, Connecticut, Florida, Indiana, Massachusetts, New Jersey, New York, North Carolina, Vermont, Virginia and Washington.

According to his BrokerCheck report, Matthew Garbarino has been sanctioned by FINRA.

In April 2017 FINRA sanctioned him following allegations he “obtained from customers of his member firm executed, but partially blank, signature pages from change of broker forms issued by several annuity companies.” FINRA’s findings stated further: “Garbarino copied the signature pages and created new change of broker forms by filling in numerous annuity contract numbers on the blank portions of the pages containing the photocopied signatures. At least one of the customers impliedly consented to having his signature page used in this manner. Thereafter, Garbarino submitted the falsified forms to the annuity companies as authentic.” He was issued a four-month suspension and a fine of $5,000.

If you or someone you know has lost money investing with Matthew Garbarino, call the experienced attorneys at 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.