Yesterday, the Securities and Exchange Commission (SEC), barred Robert Tricarico from the industry. Between 2010 and 2012, Tricarico was accused of stealing at least $1.2 million from Emily Anderson, an elderly Connecticut woman. Anderson died in 2013 and the missing funds were discovered by the managers of her estate after her death. Last October, Tricarico was sentenced to 41 months in prison and ordered to pay back full restitution to Anderson’s estate, as well as $20,000 he borrowed from another elderly client that he used for personal gain.
Robert Neil Tricarico was previously registered with First Associated Financial Group from May 1986 until February 1987, Merrill Lynch in New York, New York from October 1992 until June 2003, Citigroup in Westport, Connecticut from June 2003 until April 2009, Wells Fargo in Westport from March 2009 until May 2011, and LPL Financial in Westport from May 2011 until January 2015. He has six customer disputes against him and one criminal dispute. The Financial Industry Regulatory Authority (FINRA) has also barred him from the industry.
Tricarico’s former firms, Wells Fargo and LPL can be sued in the FINRA arbitration forum for investment losses. Please call our securities law firm today if you suffered losses with Tricarico. Firms such as Wells Fargo and LPL must reasonably supervise their employees and, if they do not, can be held liable for money losses. We take cases on a contingency fee basis only so we don’t make money unless you recover yours. Please call today. The call is free with no obligation. 312-332-4200.
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