Joseph G. Mahalick—Sales Practice and Registration Violations

Joseph G. Mahalick Allegedly Engaged in Potential Sales Practice Violations, Potential Registration Violations, and Potential Violations of Books and Records Rules

Joseph G. Mahalick, formerly of the Chicago branch of Newport Coast Securities, Inc., allegedly violated potential sales practice and potential registration practices, and also potentially violated of books and records rules, according to a recent FINRA Letter of Acceptance, Waiver, and Consent (AWC) currently under review by attorneys Alan Rosca and Joe Peiffer.

The Peiffer Rosca Wolf securities lawyers are currently investigating Joseph G. Mahalick, who was terminated by Newport Coast Securities, Inc. on October 15, 2015, for numerous alleged violations of FINRA Rules, including potential sales practice and registration practices.

Joseph G. Mahalick Barred by FINRA for Alleged Refusal to Cooperate with FINRA Staff Requests to Appear and Give Testimony at an On-the-record Interview Regarding Activities at Newport Coast

Joseph G. Mahalick allegedly received a request from FINRA on December 1, 2015 to appear and give testimony at an on-the-record interview in connection to his activities at NewportCoast, according to an AWC currently under review by attorneys Alan Rosca and Joe Peiffer.

Joseph G. Mahalick allegedly repeatedly refused numerous further requests from FINRA to appear for testimony, and, hence, violated FINRA Rules, the AWC notes. As a result, Joseph G. Mahalick has been barred by FINRA.

One should also note that, according to the AWC, Joseph G. Mahalick neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged violations of potential sales practices and potential registration practices, and also potential violations of books and records rules. They are currently investigating Joseph G. Mahalick’s alleged violations, and refusal to appear for on-the-record testimony. 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 Joseph G. Mahalick’s alleged violations, including alleged violations of potential sales practices and potential registration practices, and also potential violations of books and records 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.