VINCENT ANTHONY PALLITTO is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 30 COLUMBIA TURNPIKE STE 101, FLORHAM PARK, NJ, 07932.
VINCENT ANTHONY PALLITTO has worked at LPL FINANCIAL LLC since December 01, 2000
Disclosure History
VINCENT ANTHONY PALLITTO has 1 Disclosure Event(s).
Date: May 16, 2000 Category: Customer Dispute Allegations: UNSUITABLE INVESTMENTS PURCHASED AT HOME (ATHM) ON 12/7/99 AND PLANET RX (PLRX)ON 11/2/99./ THE ALLEGATION OF PURCHASING INVESTMENTS WAS A RETALITORY ACTION BY THE CLIENT BECAUSE I TERMINATION MY ENGAGEMENT AS THEIR CPA FOR NOT DEPOSITING OR REPORTING MORE THAN 50% OF THEIR INCOME EARNED FROM THEIR BUSINESS. SHE INVESTED OVER $100,000 IN A START UP RESTAURANT, THEREFORE SHE WAS NOT ADVERSE TO RISK. I PURCHASED AT-HOME COMMUNICATIONS AND PLANETRX, BASED ON FAVORABLE EXPECTATIONS OF THE COVERING ANALYSTS. I TERMINATED THE PROFESSIONAL RELATIONSHIP IN MARCH OF 2000, SHE SUBSEQUENTLY FILED A COMPLAINT IN APRIL DURING THE SPRING MARKET DECLINCE. I SETTLED THE COMPLAINT BY PURCHASING THE STOCK FROM THEM AT THE ORIGINAL PURCHASE PRICE. Damage Amount Requested: $14,391.94 Settlement Amount: $14,391.94
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for VINCENT ANTHONY PALLITTO, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.