Advisor Alert: Our Attorneys Are Investigating Joao Amorim Pinto For Investment Fraud
Did You Lose Money Because of Joao Pinto?
Filed: March 14, 2024
Joao Pinto currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint and one (1) regulatory event. 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 Joao Amorim Pinto.
Who Is Joao Amorim Pinto of Spartan Capital Securities, LLC?
- Advisor Name: Joao Amorim Pinto
- Aliases: Joao Pinto
- CRD: 6298233
- Location: New York, New York
- Current Employer: Spartan Capital Securities, LLC
- Previous Firms: Benchmark Investments, Inc. and Newbridge Securities Corporation
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Can Joao Pinto Be Sued: Yes, in Private Arbitration
- Can Joao Pinto’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $268,386
- Highest Settlement: Unknown
If you have suffered investment losses by Joao Pinto, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a churning 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 Joao Pinto For Broker Misconduct
As of this publication date, Joao Pinto has been the subject of 1 customer dispute and 1 regulatory event. Let’s review it below.
In November 2023, FINRA initiated a regulatory action against or in reference to Joao Pinto for allegedly willfully violating the Best Interest Obligation under Rule 15l-1 of the Exchange Act by recommending a series of trades in a 68-year-old retired customer’s account that were excessive, unsuitable, and not in the customer’s best interest.
In October 2022, a FINRA arbitration was filed against or in reference to Joao Pinto by a customer of Spartan Capital Securities, LLC alleging misrepresentation & omission, negligence, churning, and failure to supervise. Per the customer, he/she lost over $268,386 because of Mr. Pinto’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Joao Pinto of Spartan Capital Securities, LLC (previously with Benchmark Investments, Inc. and Newbridge Securities Corporation) To Get Your Money Back
If you have questions about Joao Pinto, Spartan Capital Securities, LLC, Benchmark Investments, Inc., Newbridge Securities Corporation, 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.