Joseph Benjamin Baldassarra of Coral Springs Florida a stockbroker formerly registered with Newbridge Securities Corporation is the subject of a customer initiated investment related arbitration claim which was settled to resolve accusations that (1) negligent misrepresentations had been made to the customer (2) fiduciary duties were breached and (3) the customer had been defrauded as it pertained to common and preferred stock trades placed in the customer’s account while Baldassarra was employed by Newbridge Securities Corporation. FINRA Arbitration No. 19-00663 (June 19, 2019).

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Baldassarra is referenced in five additional customer initiated investment related disputes pertaining to allegations of his misconduct while employed with Newbridge Securities Corporation and LaSalle St. Securities LLC. Specifically, Baldassarra is referenced in a customer initiated investment related complaint in which the customer sought $50,000.00 in damages supported by accusations that stock trades were effected in the customer’s account in excessive amounts when Baldassarra was associated with LaSalle St. Securities.

Another customer initiated investment related complaint concerning Baldassarra’s activities was resolved for $30,000.00 in damages founded on allegations that an inappropriate number of stock shares had been purchased for the customer’s account. Also, a customer initiated investment related complaint regarding Baldassarra’s behavior was settled for $132,500.00 in damages based upon accusations of bad over-the-counter equities positions held in the customer’s account.

Baldassarra is also the subject of a customer initiated investment related arbitration claim which was resolved for $22,500.00 in damages supported by allegations that the customer’s account was handled in a negligent manner; fiduciary duties were violated; and Newbridge Securities Corporation negligently supervised Baldassarra’s exchange traded fund, option and stock trades in the customer’s account. FINRA Arbitration No. 17-00586 (May 23, 2018).

In addition, Baldassarra is referenced in a customer initiated investment related arbitration claim which was settled for $70,000.00 in damages founded on accusations that during the time that Baldassarra was employed by Newbridge Securities Corporation, options and stock trades placed in the customer’s account were inappropriate; and transactions were executed without authorization. FINRA Arbitration No. 18-01045 (July 8, 2019).

Baldassarra’s registration with Newbridge Securities Corporation has been terminated as of June 30, 2016.

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Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely 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 confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

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