Advisor Alert: Our Attorneys Are Investigating Matthew William Crafa For Investment Fraud
Did You Lose Money Because of Matthew Crafa?
Filed: October 26, 2023
Matthew Crafa currently has one (1) pending customer complaint. Overall, he 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 Matthew William Crafa.
Who Is Matthew William Crafa of Osaic Wealth, Inc.?
- Advisor Name: Matthew William Crafa
- Aliases: Matthew Crafa
- CRD: 3114277
- Location: Garden City, New York
- Current Employer: Osaic Wealth, Inc.
- Previous Firms: Fahnestock Asset Management, Oppenheimer & Co. Inc., and Ladenburg Thalmann Asset Management Inc.
- Number of Known Customer Complaints: 3
- Can Matthew Crafa Be Sued: Yes, in Private Arbitration
- Can Matthew Crafa’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $1,000,000
- Highest Settlement: $525,000
If you have suffered investment losses by Matthew Crafa, 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 Matthew Crafa For Broker Misconduct
As of this publication date, Matthew Crafa has been the subject of 3 customer disputes. Let’s review them below.
In February 2020, a FINRA arbitration was filed against or in reference to Matthew Crafa by a customer of Royal Alliance alleging FINRA Rules 2110 and 2111 violation; negligence; misrepresentation; breach of fiduciary duty. Per the customer, he/she lost over $5,000 because of Mr. Crafa’s actions. On August 18, 2021, Mr. Crafa settled the claim for $525,000, and some or all of this amount may have been paid by Mr. Crafa’s employer and/or insurance carrier.
In April 2019, a FINRA arbitration was filed against or in reference to Matthew Crafa by a customer of Royal Alliance alleging breach of contract, breach of fiduciary duty, and negligence. Per the customer, he/she lost over $1,000,000 because of Mr. Crafa’s actions. On March 16, 2023, Mr. Crafa settled the claim for $125,000, and some or all of this amount may have been paid by Mr. Crafa’s employer and/or insurance carrier.
In January 2020, a FINRA arbitration was filed against or in reference to Matthew Crafa by a customer of Royal Alliance alleging that Mr. Crafa misrepresented a private investment fund. Per the customer, he/she lost over $5,000 because of Mr. Crafa’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Matthew Crafa of Osaic Wealth, Inc. (previously with Fahnestock Asset Management, Oppenheimer & Co. Inc., and Ladenburg Thalmann Asset Management Inc.) To Get Your Money Back.
If you have questions about Matthew Crafa, Osaic Wealth, Inc., Fahnestock Asset Management, Oppenheimer & Co. Inc., Ladenburg Thalmann Asset Management Inc., 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.