What Did Your Brokerage Firm or Investment Adviser Do Wrong With GWG
Published On: July 14, 2015

Stoltmann Law Offices is investigating Anthony Scarso, who entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). Scarso is accused of effecting unauthorized trades in the accounts of customers, failing to disclose two New York State tax liens and compromise with a creditor on his Form U4. On March 17, 2010, the New York State Department of Taxaion and Finance filed a $26,393.77 tax warrant against him, resulting in a lien. Scarso then did not disclose the liens on his Form U4 within 30 days. For this, he was fined $5,000 by FINRA and suspended from associating with any FINRA member firm for 30 days.

Mr. Scarso was registered with the following firms: JW Barclay, Shamrock Partners, LCP Capital Corp, Republic Equities of America, LCP Capital Corp, Salomon Grey Financial Corp, Great Eastern Securities, Meyers Associates, John Thomas Financial, Clark Dodge & Co, and Alexander Capital L.P. He is currently registered with PHX Financial in New York, New York since October 2014. He has 9 customer disputes against him, one of which is currently pending. If you would like to bring a claim against Anthony Scarso, you may be able to in the FINRA arbitration process by calling our securities law firm at 312-332-4200 and speaking to an attorney. The call is free.

Disclaimer

The posting on this site are mere OPINIONS and NOT statements of fact in any way whatsoever. The information should not be relied upon and there have been no findings made against the firms or individuals referenced on this site. In addition, this Blog is made available for educational purposes only and incorporates information from the web as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and Stoltmann Law Offices (161 N Clark Street 16th Floor Chicago, IL 60601). The Blog opinions should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

PLEASE NOTE THIS IS ADVERTISING AND IT IS NOT A NEWSPAPER ARTICLE OR POST FROM AN INDEPENDENT OR NON-BIASED, NEWS SITE, NEWS SOURCE OR NEWSPAPER.

Chicago Investment Fraud Attorneys Offering Nationwide Representation to Investors

If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

Stoltmann Law Securities Investment Fraud Attorneys