Last Updated: January 2024 (Clearwater, Florida )
Ronald Gioviono, Jr. Investigation Summary
Here’s what you need to know about Clearwater, FL, stockbroker Ronald Giovino:
- Name: Mr. Ronald Joseph Giovino, Jr.
- Current Employer: FINRA has barred this individual from acting as a broker or otherwise associating with a broker-dealer firm
- DBA: NEA Valuebuilder , Tax Shelter America
- Previous Firms: GWN Securities 3/2004-7/2021, Legend Equities Corp.
- Function: Stock Broker/ Financial Advisor
- Aliases: Ronald Giovino
- Primary Location: Clearwater, FL
- CRD 2236071
- Can Ronald Giovino be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Discharged by a prior employer: Yes
- Two Pending Customer Disputes Seek Damages of $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 Ronald Gioviono, Jr. As Your Stockbroker?
In 7/2021 FINRA barred Ronald Giovino from the securities industry after he refused to produce information and documents in connection with a FINRA investigation into whether he converted customer funds. The matter originated from information received by FINRA Securities Helpline for Seniors.
In 6/2023 a customer of GWN Securities alleged that Giovino recommend that she sell mutual funds and reinvest the proceeds but Giovino converted the funds. Damages of $120,000 are sought in this pending matter.
In 2019 another GWN Securities customer alleged that Giovino provided incorrect advice in connection with an inherited IRA resulting in an unnecessary tax liability. Damages of $60,000 are sought in this pending matter.
Giovino was discharged by GWN Securities in 7/2021.
Allegations of Broker Misconduct Against Ronald Gioviono, Jr.
Customers of Ronald Giovino have alleged the following wrongdoing in connection with the handling of customer accounts:
- Theft of customer funds
- Triggered unnecessary tax liability on an inherited IRA
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 Ronald Giovino, 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.
