Last Updated: November 2023 (Jupiter, Florida)
Joe Trotta Investigation Summary
Here’s what you need to know about Jupiter, Florida, stockbroker Joe Trotta:
- Name: Mr. Joseph Neil Trotta
- Current Employer: LPL Financial LLC
- Previous Firms: Raymond James Financial Services
- Function: Stock Broker/ Financial Advisor
- Aliases: Joe Trotta
- Primary Location: Jupiter, FL
- CRD 449594
- Can Joe Trotta be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulator: Yes
- Highest Settlement or Award: $108,115
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Joe Trotta As Your Stockbroker?
Joe Trotta discloses 3 customer disputes that have been settled. In 2021 a customer of LPL Financial was paid $108,115 to resolve allegations that Joe Trotta misrepresented the income benefit rider of a variable annuity.
Two customers of Raymond James brought claims involving Joe Trotta. The customers alleged excessive trading, forgery and unsuitable recommendations. In excess of $40,000 was paid to the customers.
New Hampshire securities regulators suspended Joe Trotta’s license for a period of time in 1980.
Allegations of Broker Misconduct Against Joe Trotta
Customers of Joe Trotta have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Misrepresented Income Benefit Rider of a Variable Annuity
- Forgery
- Excessive Trading
See this for our prior investigations of cases involving Annuities
What is Excessive Trading (Churning)?
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
See this for information on our other investigations of LPL Financial brokers.
If you have suffered investment losses in an account handled by Joe Trotta, 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.
