Daniel J. Tromello– Undisclosed Outside Business Activities and Private Securities Transactions

California stockbroker fraud attorneyDaniel J. Tromello Allegedly Engaged in Outside Business Sctivities and Private Securities Transactions; Transamerica Financial Advisors (TFA) Allegedly Forwarded a Suspicious Letter Regarding a Foreign Bond

Daniel J. Tromello allegedly engaged in undisclosed outside business activities and private securities transactions, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and Joe Peiffer.

Daniel J. Tromello’s broker-dealer Transamerica Financial Advisors (TFA) was also allegedly forwarded a suspicious letter which supposedly verified the legitimacy of a foreign bond, not verified or approved by TFA, the AWC reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Daniel J. Tromello’s alleged undisclosed outside business activities and private securities transactions.

Daniel J. Tromello Barred by FINRA for Alleged Failure to Appear for On-the-record Testimony Regarding an Investigation into Potentially Undisclosed Outside Business Activities and Private Securities Transactions

Daniel J. Tromello allegedly signed a suspicious letter which purported to verify the legitimacy of a foreign bond, although Tormello has denied signing this letter and has indicated he was unaware of its use, according to the aforementioned AWC currently under review by attorneys Alan Rosca and Joe Peiffer.

Said letter prompted TFA’s review of this matter, and it was then determined that the letter was allegedly used by an individual with whom Tromello was involved with regarding various products and investments which were not approved by TFA, the AWC also reports.

While TFA found no evidence that any of the alleged transactions transpired as a result of the fraudulent letter or communications, Tromello has been barred by FINRA for failure to appear for on-the-record testimony in connection with an investigation into among other things, potentially undisclosed outside business activities and private securities transactions, the AWC notes.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged improper business practices and are currently investigating Daniel J. Tromello’s potentially undisclosed outside business activities and private securities transactions. 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 Daniel J. Tromello’s potentially undisclosed outside business activities and private securities transactions may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1157 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.