Rocco Roveccio Has Been the Subject of a Regulatory Sanction

Rocco Roveccio

Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 28, 2018 indicate that New Jersey-based First Standard Financial Company broker/adviser Rocco Roveccio has received resolved or pending customer disputes and is involved in a pending regulatory action. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Roveccio (CRD# 2713144).

Rocco Roveccio has spent 20 years in the securities industry and has been registered with First Standard Financial Company in Red Bank, New Jersey since 2014. Previous registrations include Alexander Capital in Staten Island, New York (2012-2014); Brookstone Securities in Freehold, New Jersey (2009-2012); Mercer Capital in New York, New York (2008-2009); JP Turner & Company in Staten Island, New York (2006-2008); Gunnallen Financial in Staten Island, New York (2005-2006); Joseph Stevens & Company in Brooklyn, New York (2005-2006); Synergy Investment Group in Charlotte, North Carolina (2002); Cybervest Securities in Fort Lauderdale, Florida (2001-2002); Stone Harbor Financial Services in Freehold, New Jersey (2001); LCP Capital Corporation in Staten Island, New York (1999-2001); Cantone Research in Tinton Falls, New Jersey (2001); Turner & Company in Atlanta, Georgia (1997-1998); Taglich Brothers D’Amadeo Wagner & Company in Huntington, New York (1997); and Northeast Securities in Mitchelfield, New York (1996-1997). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 18, 1996, and Series 7 (General Securities Representative Examination), which he obtained on November 7, 1996. He is a registered broker and investment adviser with 21 US states and territories: Arizona, California, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Minnesota, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Texas, Virginia, and Washington.

According to his BrokerCheck report, he has received three customer complaints, one pending customer complaint, and one pending regulatory complaint.

In December 2017 a customer alleged Rocco Roveccio, while employed at Alexander Capital, churned investments and made unauthorized trades. The customer is seeking more than $115,900 in damages in the pending complaint.

In 2016 he was named respondent in a complaint by the Securities and Exchange Commission in connection to alleged violations of the Securities Act of 1933 and the Securities Act of 1934. The complaint remains pending.

In 2013 a customer alleged Rocco Roveccio, while employed at Brookstone Securities and Alexander Capital, executed unauthorized transactions, breached his fiduciary duty, and recommended unsuitable investments. The complaint settled in 2014 for $87,500.

In 2006 a customer alleged Rocco Roveccio, while employed at Gunnallen Financial, made unauthorized trades. The complaint settled for $8,011.

In 2000 a customer alleged he, while employed at LCP Capital Corporation, executed unauthorized trades, recommended unsuitable investments, breached his fiduciary duty, and churned investments. The complaint resulted in an award to the customer of $216,275.

If you or someone you know has lost money investing with Rocco Roveccio, 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.