SALVATORE ANTHONY FRADELLA is currently employed as a Broker and/or Investment Adviser at MAXIM GROUP LLC located at 20 Crossways Park Drive North, Suite 304, Woodbury, NY, 11797.
SALVATORE ANTHONY FRADELLA has worked at MAXIM GROUP LLC since October 23, 2002
Disclosure History
SALVATORE ANTHONY FRADELLA has 7 Disclosure Event(s).
Date: April 07, 2009 Category: Customer Dispute Allegations: CLIENTS ALLEGES THAT INVESTMENTS WERE UNSUITABLE AND THAT THEIR ACCOUNT WAS EXCESSIVELY TRADED. Damage Amount Requested: $80,000.00 Settlement Amount: $18,000.00 09-01738
Date: February 04, 2004 Category: Regulatory Initiated By: ILLINOIS Allegations: RESPONDENTS REGISTRATION AS A SALESPERSON IN THE STATE OF ILLINOIS IS SUBJECT TO REVOCATION PURSUANT TO SECTION 8.E(1)(J) OF THE ILLINOIS SECURITIES LAW. Resolution: Consent SanctionDetails: Sanctions: Censure Sanction Details: RESPONDENT IS CENSURED, RESPONDENT WILL PAY FOR THE COST OF THE INVESTIGATION, RESPONDENT WILL NOT SERVE IN THE CAPACITY OF DESIGNATED ILLINOIS PRINCIPAL FOR A PERIOD OF 5 YEARS.
Date: February 04, 2003 Category: Regulatory
Date: July 31, 2001 Category: Customer Dispute Allegations: CHURNING AND SUITABILITY Damage Amount Requested: $250,000.00 Settlement Amount: $27,500.00 Broker Comment: I WAS NAMED SOLELY IN MY CAPACITY AS AN EXECUTIVE OFFICER OF JOSEPH DILLON AND HAS ABSOLUTELY NO INVOLVEMENT IN THE CLIENT'S ACCOUNTS.
Date: June 03, 1997 Category: Customer Dispute Allegations: FAILED TO FOLLOW INSTRUCTIONS $12,084.47 Damage Amount Requested: $12,084.47 Settlement Amount: $10,000.00 Broker Comment: CANCEL & REBILLED TRADE IN CUSTOMERS ACCOUNT. MADE WHOLEA GOOD FAITH DETERMINATION WAS MADE THAT THE DIFFERENCE WAS $10,000.00
Date: December 06, 1994 Category: Customer Dispute Allegations: MISREPRESENTATION Damage Amount Requested: $64,238.00 Damages Granted: $25,000.00 Broker Comment: PENDINGFILED MOTION TO VACATE AWARD ON OR ABOUT 8/97/98
Date: October 06, 1994 Category: Customer Dispute Allegations: UNSUITABILITY CHURNING MISREPRESENTATION.DAMAGES SOUGHT $30,000. Damage Amount Requested: $32,180.00 Settlement Amount: $12,400.00 Broker Comment: MATTER WAS SETTLED WITH NO COST TO ME. CASE WASDISMISSED AGAINST ME WITH PREJUDICE.NOT PROVIDED
More Information
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