Last Updated: October 2023 (New York, NY )
Michael Martino Investigation Summary
Here’s what you need to know about New York, NY, stockbroker Michael Martino:
- Name: Mr. Michael Christopher Martino
- Current Employer: Four Points Capital Partners LLC
- Previous Firms: Wedbush Securities, Brookstreet Securities
- Other Business Affiliations: Prospect Street Holdings, Prospect Innovations LP Fund
- Function: Stock Broker/ Financial Advisor
- Aliases: Michael C. Martino
- Primary Location: New York, NY
- CRD 2579146
- Can Michael Martino be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulator: Yes
- Terminated by prior employer: Yes
- Discloses outstanding judgment/liens :Yes
- Highest Settlement : $75,000
- Pending Customer Dispute Seeks Damages of $316,769
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Michael Martino As Your Stockbroker?
In 1/2023 a customer of Four Points Capital Partners filed a FINRA arbitration alleging that Michael Martino churned their account, traded without authority, made unsuitable recommendations, and made misrepresentations. Damages of $316,6769 are sought in this currently pending matter.
Michael Martino discloses 4 customer complaints that were previously settled including:
- In 10/2021 a customer of Four Points Capital Partners was paid $75,000 to resolve allegations that Michael Martino made unsuitable recommendations, overconcentrated their account and charge unreasonable commissions.
In 2001 the Utah Division of Securities revoked Martino’s license to practice in Utah.
Michael Martino discloses a currently outstanding lien in favor of the Internal Revenue Service filed in Bergen County, New Jersey.
Allegations of Broker Misconduct Against Michael Martino
Customers of Michael Martino have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Unauthorized Trading
- Misrepresentation
- Omission of Facts
- Breach of Fiduciary Duty
- Inappropriate Trades
- Unreasonable Commissions
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 Michael Martino, 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.
