Last Updated: September 2023 (Boca Raton, FL )
Steve Colacurcio Investigation Summary
Here’s what you need to know about Boca Raton, FL, stockbroker Colacurcio:
- Name: Mr. Steven Paul Colacurcio
- Current Employer: Not currently registered with FINRA
- Previous Firms: Dawson James Securities, Raymond James Financial Services, SunTrust Investment Services, Wachovia Securities
- Function: Former Stock Broker/ Financial Advisor
- Aliases: Steve Colacurcio
- Primary Location: Boca Raton, FL
- CRD 1717483
- Can Steve Colacurcio be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement : $26,498
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Steve Colacurcio As Your Stockbroker?
Steve Colacurcio discloses 7 prior customer disputes on his FINRA records including the following:
In 1/2009 a customer of SunTrust Investment Services was paid $27,498 to resolve allegations that Steven Colacurcio misrepresented that the annuity sold to the customer was a safe investment. The client also alleged that he was not a resident of Florida where the annuity was established.
In 2016, while employed by Dawson James Steven Colacurcio was fined $5,000 and suspended for 15 days by FINRA to resolve allegations that Colacurcio exercised discretionary power in a customer’s account without obtaining prior written authority.
Allegations of Broker Misconduct Against Steve Colacurcio
Customers of Steve Colacurcio have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations
- Represented an annuity as being a safe investment
- Failed to explain the risks and fees associated with the purchase of 2 REITs
- Misled customer regarding possibility of market loss in her investments
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
Rex Securities Law Investment Fraud Attorney Investigates Dawson James Securities
If you have suffered investment losses in an account handled by Steve Colacurcio, 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.
