Last Updated: April 2024 (Austin, TX )
Giuseppe Pulitano Investigation Summary
Here’s what you need to know about Austin, Texas, stockbroker Giuseppe Pulitano:
- Name: Mr. Giuseppe Pulitano
- Current Employer: Stonecrest Capital Markets
- Previous Firms: Tigress Financial Partners, Citi International Financial Services
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Austin, Texas
- CRD 5753100
- Can Giuseppe Pulitano be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $180,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Giuseppe Pulitano As Your Stockbroker?
In 2023 a customer of Citi International Financial Services was paid $180,000 to settle a FINRA arbitration alleging that Giuseppe Pulitano mishandled their account, including overconcentrating it, from May 2012-2020.
[LEARN MORE]: Investigations involving Over-Concentration
Allegations of Broker Misconduct Against Giuseppe Pulitano
A customer of Giuseppe Pulitano has alleged the following wrongdoing in connection with the handling of customer accounts:
- Mishandled account
- Over-concentrated account
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability -Regulation Best Interest
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.
Who is Stonecrest Capital Markets?
According to their website, Stonecrest Capital Markets (formerly known as Redwine & Company) is a “ full service brokerage firm with three distinct divisions. Founded as an institutional trading operation, we now trade and offer products spanning from investment banking to retail trading. A few areas we are focused on include, but are not limited to: Fixed Income, Equities/Options, Alternative Investments, Private Placements, 1031 DST Exchanges, Mutual Funds, and various Insurance products.”
Their FINRA CRD indicates the company was formed in North Carolina in 1995 and is headquartered in Austin, Texas. Additional locations include Miami, New York, Ridgewood New Jersey, San Antonio and San Juan Puerto Rico.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Giuseppe Pulitano, 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.
