Last Updated: September 2023 (Hauppauge, New York)
Gerard Nicosia Investigation Summary
Here’s what you need to know about Hauppauge, New York, stockbroker Gerard Nicosia:
- Name: Mr. Gerard J. NIcosia
- Current Employer: Cetera Advisor Networks
- Previous Firms: Royal Alliance Associates, Vanderbilt Securities, Prime Capital Services
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Hauppauge, NY
- CRD 4660302
- Can Gerard Nicosia be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement: $22,223
Did You Lose Money With Gerard Nicosia As Your Stockbroker?
In 12/2020 a customer of Royal Alliance Associates file a FINRA arbitration alleging that Gerard Nicosia made an unsuitable recommendation to invest in private investment fund. That case was settled for $22,223 in 10/2022.
Allegations of Broker Misconduct Against Gerard Nicosia
A customer of Gerard Nicosia alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in private investment fund
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 Gerard Nicosia, 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.