David Levy, Antonio Costanzo, Donald Bartelt—Unsuitable Trade Recommendations

Ponzi scheme attorneys

David M. Levy, Antonio Costanzo, and Donald A. Bartelt Allegedly Made Quantitatively Unsuitable Trading and Allegedly Churned Customer Accounts David M. Levy, Antonio Costanzo, and Donald A. Bartelt allegedly made quantitatively unsuitable trading and allegedly churned customer accounts, according to a Complaint from FINRA’s Department of Enforcement currently under review by attorneys Joe Peiffer and… Read more »

Marc C. Arena— Excessive Trading and Churning of Accounts

Cleveland stockbroker fraud lawyer

Marc C. Arena and Five Newport Coast Registered Reps Allegedly Churned and Excessively Traded 24 Customers’ Accounts Marc C. Arena and Five Newport Coast Registered Reps,  Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, and Donald Bartelt, from September 2008 through May 2013, allegedly excessively traded and churned 24 customers’ accounts, according to a recent Complaint… Read more »

Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, Donald Bartelt, Brokers with Newport Coast Securities- Suspected Churning

Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, Donald Bartelt, Allegedly Excessively Traded and Churned Customers’ Accounts Newport Coast Securities and five of its brokers, Douglas Leone, Andre LaBarbera, David Levy, Antonio Costanzo, Donald Bartelt, allegedly excessively traded and churned twenty-four customers’ accounts, according to a FINRA documents currently under review by Peiffer Wolf attorneys…. Read more »

South Florida Stockbroker David Michael Levy Accused of Fraud

New Orleans Investment fraud attorneys

David Michael Levy of Wellington, Florida, his New York-based firm Newport Coast Securities, and four other Newport stockbrokers and two Newport supervisors, have been “churning” 24 customer accounts, according to FINRA documents. “Churning” or “to churn and burn” is the Wall St. vernacular when there is unnecessarily high or excessive trading activity in an investor’s account,… Read more »