Former Investor With John Galinsky and First Dominion Capital Awarded $1.1 Million in Damages

A former investor with First Dominion Capital and broker John Galinsky was awarded over $1.1 million in damages. In April 2018, Galinsky was sanctioned by the Financial Industry Regulatory Authority (FINRA) following allegations he sent emails to prospective and current investors which were not “fair and balanced, and which failed to provide a sound basis for assessing the facts surrounding a company that was involved in a private securities offering on for assessing the offering itself.” In 2013, a customer alleged that Mr. Galinsky, while employed at Fintegra, recommended an unsuitable investment, made misrepresentations and omissions of material facts, and breached his fiduciary duty. The complaint resulted in an award to the customer of more than $1.1 million. He was terminated from his position at Advanced Equities following allegations he violated FINRA rules in 2006, and he was also accused of making margin calls and executing unauthorized transactions. These are all against securities laws and internal firm rules.
John Galinsky, according to FINRA records available online, was previously registered with Fintegra in Chicago, Illinois from January 2010 until December 2011, and National Securities Corp in Chicago from January 2012 until November 2017. He is currently registered with First Dominion Capital Corp in New York, New York, and has been since November 2017. He has four customer complaints against him, and three regulatory matters. He has two criminal dispositions against him.