Yes, you can. Broker-dealers have an ironclad obligation to reasonably supervise their employees, and, if they do not, can be held responsible for money losses on a contingency fee basis. Recently, Andrew Logullo, a former Ameritas Securities broker, entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Logullo was accused of opening accounts for three investors at another broker-dealer other than Ameritas Investment Corp, without providing written notice to the firm. He also failed to disclose to Ameritas that he was the president of the consulting company. This is in violation of FINRA and securities rules. For this, Mr. Logullo was suspended from the industry for six months and fined $10,000.
According to his online FINRA BrokerCheck report, Mr. Logullo was previously registered with Southern California Securities, Merrill Lynch, NexCore Capital Inc., Salomon Grey Financial, Capital Path Securities, Integrated Trading and Investments, and Ameritas Investment Corp in Los Angeles, California from January 2015 until June 2015. He is currently not registered within the industry. Please call our Chicago-based law offices today at 312-332-4200 to speak to an attorney about the losses you may have suffered because of Andrew Logullo. We may be able to sue Ameritas on your behalf to recover those losses. The call is free with no obligation.
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