Advisor Alert: Our Attorneys Are Investigating Carmine Anthony Lopresti For Investment Fraud
Did You Lose Money Because of Carmine Lopresti?
Filed: January 16, 2024
Carmine Lopresti has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Carmine Anthony Lopresti.
Who Is Carmine Anthony Lopresti of American Portfolios Financial Services, Inc.?
- Advisor Name: Carmine Anthony Lopresti
- Aliases: Carmine Lopresti
- CRD: 1245062
- Location: Holmdel, New Jersey
- Current Employer: American Portfolios Financial Services, Inc.
- Previous Firms: PMG Securities Corporation, Tower Square Securities, Inc., and Continental Broker-Dealer Corp.
- Number of Known Customer Complaints: 1
- Can Carmine Lopresti Be Sued: Yes, in Private Arbitration
- Can Carmine Lopresti’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,000
- Highest Settlement: $14,999
If you have suffered investment losses by Carmine Lopresti, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Carmine Lopresti For Broker Misconduct
As of this publication date, Carmine Lopresti has been the subject of 1 customer dispute. Let’s review them below.
In July 2020, a FINRA arbitration was filed against or in reference to Carmine Lopresti by multiple customers of American Portfolios Financial Services, Inc. alleging fraud, negligence, breach of fiduciary duty, and breach of contract. Per the customers, they lost over $100,000 because of Lopresti’s actions. On January 18, 2022, Lopresti settled the claim for $14,999, and some or all of this amount may have been paid by Lopresti’s employer and/or insurance carrier.
How To File A Claim Against Carmine Lopresti of American Portfolios Financial Services, Inc. (previously with PMG Securities Corporation, Tower Square Securities, Inc., and Continental Broker-Dealer Corp.) To Get Your Money Back
If you have questions about Carmine Lopresti, American Portfolios Financial Services, Inc., PMG Securities Corporation, Tower Square Securities, Inc., Continental Broker-Dealer Corp., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.