Anthony Vultaggio— Alleged Sales of Private Investments, Undisclosed Outside Business Activities
Anthony Vultaggio, Jr. Allegedly Engaged in a Potentially Undisclosed Offering of Securities through an Undisclosed Outside Business without Prior Notice to or Consent from American Capital Partners, His Member Firm
Anthony Vultaggio allegedly engaged in a potentially undisclosed offering of securities through an undisclosed outside business without prior notice to or consent from his member firm, according to a recent Letter of Acceptance, Waiver, and Consent (AWC) presently being reviewed by attorneys Jason Kane and James Booker.
Investors who believe they may have lost money in activity related to Anthony Vultaggio’s alleged undisclosed outside business activities are encouraged to contact attorneys Jason Kane or James Booker with any useful information or for a free, no obligation discussion about their options.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Anthony Vultaggio’s alleged undisclosed outside business activities.
FINRA opened an investigation into Vultaggio following his termination by his former brokerage firm, American Capital Partners, and it was alleged that Vultaggio allegedly sold private investments to an investor without notification to American Capital Partners, according to the aforementioned AWC.
American Capital Partners, on July 13, 2017, allegedly filed an amended Form U5 disclosing an ongoing internal review that had been initiated on July 7, 2017, and stated that the firm had been advised by one of the respondent’s former clients that Vultaggio allegedly solicited an investment in a private offering for an entity Vultaggio allegedly represented that he owned and/or controlled, the AWC reports.
Anthony Vultaggio Barred by FINRA; Vultaggio Allegedly Refused to Appear for FINRA Requested On-the-record Testimony
FINRA purportedly requested on-the-record testimony of Anthony Vultaggio during the course of an examination into his potential undisclosed offering of securities through an undisclosed outside business without prior notice to or consent from his member firm, according to the aforementioned AWC currently being reviewed by attorneys Jason Kane and James Booker.
Vultaggio, by allegedly refusing to appear for on-the-record testimony as requested pursuant to FINRA Rules allegedly violated FINRA Rules and hence has been barred from associating with any FINRA member firm in any capacity, the AWC notes.
Anthony Vultaggio was a financial advisor and registered representative of American Capital Partners from July 2007 to March 2017, and worked at a branch office in East Meadow, New York, the AWC states.
Finally, one should also note that, according to the AWC, Anthony Vultaggio neither admitted nor denied the FINRA findings.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Anthony Vultaggio’s alleged undisclosed outside business activities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Anthony Vultaggio’s alleged undisclosed outside business activities may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140 or via e-mail at email@example.com or firstname.lastname@example.org.