Arturo Diego Montenora, of Jersey City, New Jersey, a financial advisor formerly registered with Capital One Investing, LLC, was terminated from employment on May 3, 2017, based upon the firm’s allegations that an elderly customer’s monies were potentially misappropriated. The firm apparently detected an account transfer involving funds of the customer into the financial advisor’s bank account, prompting an investigation into Montenora’s wrongdoing.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Montenora has been identified in two customer initiated investment related disputes regarding allegations of his misconduct while he was associated with WM Financial Services, Inc. and IFMG Securities, Inc. Specifically, on March 29, 2006, a customer filed an investment related written complaint involving Montenora’s conduct, where the customer requested $7,799.79 in damages based upon allegations that he effected unauthorized debt transactions in the customer’s investment account.

Subsequently, on November 21, 2008, a customer filed an investment related written complaint regarding Montenora’s activities, in which the customer requested $8,465.00 in damages based upon allegations that Montenora effected a municipal bond fund purchase in the customer’s investment account, despite the transaction not having been suitable for the customer.

Since September 29, 1995, Montenora has been associated with fifteen different broker dealers, eight of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct.

Guiliano Law Group

Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Tags:

Comments are closed.