Francesco Puccio—Failure to Provide Documents, Customer Fund Conversion
Francesco Puccio Allegedly Converted Funds from a Non-firm Customer
Francesco Puccio, of AXA Advisors and Cambridge Investment Research, allegedly converted funds from a non-firm customer, according to a recent FINRA Letter of Acceptance, Waiver and Consent.
Francesco Puccio, the AWC reports, was a financial advisor and registered representative of Cambridge Investment Research from January 2014 to July 2015, and was also an advisor with AXA Advisors from January 2011 to January 2014.
Francesco Puccio Allegedly Failed to Provide Documents and Information to FINRA, Barred From Associated with Any FINRA-regulated Firm
Francesco Puccio, starting on July 23, 2015, received several letters from FINRA investigating allegations that he converted funds from a non-Firm customer, according to the AWC.
Later, Puccio’s counsel informed staff that Puccio would not be providing the requested documents and information by August 12, 2015 or any other date, the AWC reports.
As a result, Puccio, who worked at branch offices in Pittsford, New York, was barred for failure to provide documents and information requested in connection with an investigation into allegations that he converted funds from a non-Firm customer, the AWC notes.
The Peiffer Wolf Securities Lawyers Often Assist Investors
The Peiffer Wolf securities lawyers are assisting investors who lose money as a result of customer fund conversion. 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 customer fund conversion are encouraged to contact the securities lawyers at Peiffer Wolf, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 585-310-5140.
Broker: Francesco Puccio
Status: INVESTIGATED by Peiffer Wolf.
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