Last Updated: November 2023 (Fort Lauderdale, FL)
Ron Filoramo Investigation Summary
Here’s what you need to know about Fort Lauderdale,FL, stockbroker Ron FIloramo:
- Name: Mr. Ron Ernest Filoramo
- Current Employer: Barred by FINRA from acting as a broker or otherwise associating with a broker-dealer firm.
- Previous Firms: Morgan Stanley, Wells Fargo
- Function: Stock Broker/ Financial Advisor
- Aliases: Ron Filoramo
- Primary Location: Fort Lauderdale, FL
- CRD 3270398
- Can Ron Filoramo be sued in FINRA arbitration: Yes
- Sanctioned by FINRA and U.S. Securities and Exchange Commission: Yes
- Terminated by a prior employer: Yes
- Highest Settlement or Award: $61,443
- Three Pending Customer Disputes Seek Damages totaling about $800,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Ron Filoramo As Your Stockbroker?
Ron Filoramo has been barred from the securities industry by FINRA and the U.S. Securities and Exchange Commission (SEC). The SEC alleged that Filoramo misappropriated about $761,000 from two of his customers and used the money for gambling and related expenses. He told the clients the money would be invested in bonds and created fake documents that purported to show the bond purchases.
One case, brought by a customer of Morgan Stanley has settled for $61,443.
Three other cases, brought by Morgan Stanley customers, are currently pending and seek damages of more than $700,000.
Filoramo was discharged by Morgan Stanley in 5/2023.
Allegations of Broker Misconduct Against Ron Filoramo
Customers of Ron Filoramo have alleged the following wrongdoing in connection with the handling of customer accounts:
- Misappropriation of customer funds
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Ron Filoramo, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.