Last Updated: October 2023 (Melville, NY)
Eric Rapczyk Investigation Summary
Here’s what you need to know about Melville, NY, stockbroker Eric Rapczyk:
- Name: Mr. Eric Francis Rapczyk
- Current Employer: Arete Wealth Management
- DBA: Fincadia Capital Partners
- Previous Firms: National Securities Corp., Gilford Securities, Maxim Group LLC
- Function: Stock Broker/ Financial Advisor
- Aliases: Eric Rapczyk
- Primary Location: Melville, NY
- CRD 4842264
- Can Eric Rapczyk be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement : $25,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Eric Rapczyk As Your Stockbroker?
Two customers of National Securities Corp. have settled claims alleging that Eric Rapczyk recommended unsuitable private placement investments. A total of $67,500 was paid to resolve the claims.
Allegations of Broker Misconduct Against Eric Rapczyk
Customers of Eric Rapczyk have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations to purchase private placements.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
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 Eric Rapczyk, contact us for a complimentary consultation with an experience 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.
