Advisor Alert: Our Attorneys Are Investigating John Lino Grillo For Investment Fraud
Did You Lose Money Because of John Grillo of Cambridge Investment Research?
Filed: October 24, 2023
John Lino Grillo currently has been the subject of three (3) customer complaints. 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 John Lino Grillo.
Who Is John Lino Grillo of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.?
- Advisor Name: John Lino Grillo
- Aliases: John Grillo, John L Grillo
- CRD: 2643787
- Location: Carrollton, Georgia
- Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.
- Previous Firms: Eagle Strategies LLC and NYLIFE Securities LLC
- Number of Known Customer Complaints: 3
- Can John Grillo Be Sued: Yes, in Private Arbitration
- Can John Grillo’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $447,000
- Highest Settlement: $270,000
If you have suffered investment losses by John Grillo, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 John Grillo For Broker Misconduct
As of this publication date, John Grillo has been the subject of 3 customer disputes. Let’s review them below.
In May 2020, a complaint was filed against or in reference to John Grillo by customer/s of Cambridge Investment Research, Inc. regarding suitability of investments. Per the customer/s, they lost over $327,000 due to Mr. Grillo’s actions. On October 15, 2020, Mr. Grillo settled the claim for $169,000, and some or all of this amount may have been paid by Mr. Grillo’s employer and/or insurance carrier.
In February 2020, a FINRA arbitration was filed against or in reference to John Grillo by a customer of Cambridge Investment Research, Inc. with allegations regarding misrepresentation and unsuitability of funds. Per the customer, he/she lost over $140,000 due to Mr. Grillo’s actions. On March 8, 2021, Mr. Grillo settled the claim for $72,500, and some or all of this amount may have been paid by Mr. Grillo’s employer and/or insurance carrier.
In June 2018, a FINRA arbitration was filed against or in reference to John Grillo by multiple customers of Cambridge Investment Research, Inc. alleging that Mr. Grillo placed the clients’ investments in a risky mutual fund that was unsuitable for them. Per the customers, they lost over $447,000 due to Mr. Grillo’s actions. On August 12, 2019, Mr. Grillo settled the claim for $270,000, and some or all of this amount may have been paid by Mr. Grillo’s employer and/or insurance carrier.
How To File A Claim Against John Grillo of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (previously with Eagle Strategies LLC and NYLIFE Securities LLC) To Get Your Money Back.
If you have questions about John Grillo, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., Eagle Strategies LLC, NYLIFE Securities LLC, 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.