Did You Lose Money Because of Vince Mastrovito?
Filed: October 26, 2023
Vince Mastrovito has been the subject of one (1) termination event and 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 Vince Bernard Mastrovito.
Who Is Vince Bernard Mastrovito?
- Advisor Name: Vince Bernard Mastrovito
- Aliases: Vince Bernard Mastrovito
- CRD: 2044645
- Location: Novi, Michigan
- Current Employer: Currently not Registered
- Previous Firms: J.W. Cole Financial, Inc., Lincoln Financial Advisors Corporation, and Cambridge Investment Research, Inc.
- Number of Known Customer Complaints: 3
- Number of Known Termination Events: 1
- Can Vince Mastrovito Be Sued: Yes, in Private Arbitration
- Can Vince Mastrovito’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $235,337
- Highest Settlement: $10,000
If you have suffered investment losses by Vince Mastrovito, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 Vince Mastrovito For Broker Misconduct
As of this publication date, Vince Mastrovito has been the subject of 1 termination event and 3 customer disputes. Let’s review them below.
In July 2022, a FINRA arbitration was filed against or in reference to Vince Mastrovito by a customer of Cambridge Investment Research, Inc. alleging that Mr. Mastrovito made recommendations that did not align with the Claimant’s suitability. As of this publication date, this arbitration remains pending.
In July 2022, Cambridge Investment Research, Inc. terminated Mr. Mastrovito for violating firm policy regarding the sale of equity-indexed annuities.
In January 2022, a FINRA arbitration was filed against or in reference to Vince Mastrovito by a customer of J.W. Cole Financial, Inc., Cambridge Investment Research, Inc., and Heartland Capital, Inc. alleging that the client was overconcentrated in alternative investments, annuities and life insurance policies and as a result, has lost a significant amount of money. On April 13, 2023, Mr. Mastrovito settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Mastrovito’s employer and/or insurance carrier.
In January 2022, a FINRA arbitration was filed against or in reference to Vince Mastrovito by a customer of Cambridge Investment Research, Inc. alleging that the client was overconcentrated in alternative investments, annuities and life insurance policies and as a result, has lost a significant amount of money. On February 16, 2023, Mr. Mastrovito settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Mastrovito’s employer and/or insurance carrier.
In May 2021, a complaint was filed against or in reference to Vince Mastrovito by a customer of J.W. Cole Financial, Inc. and Cambridge Investment Research, Inc. alleging that Mr. Mastrovito sold unsuitable REITs and insurance products. Per the customer, he/she lost over $235,337 because of Mr. Mastrovito’s actions. As of this publication date, this claim remains pending.
How To File A Claim Against Vince Mastrovito (previously with J.W. Cole Financial, Inc., Lincoln Financial Advisors Corporation, and Cambridge Investment Research, Inc.) To Get Your Money Back.
If you have questions about Vince Mastrovito, J.W. Cole Financial, Inc., Lincoln Financial Advisors Corporation, Cambridge Investment Research, 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. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.
