Sebastian George Bongiovanni of Staten Island a stockbroker currently employed by Newbridge Securities Corporation is referenced in a customer initiated investment related arbitration claim which was resolved for $91,000.00 in damages supported by accusations that (1) investment recommendations made to the customer were not suitable (2) unauthorized trades were executed in the customer’s account (3) misrepresentations and omissions were made concerning the risks pertaining to the customer’s real estate securities and stock investments (4) the firm failed to supervise trades effected in the customer’s investment account and (5) the customer was defrauded. FINRA Arbitration No. 16-03395 (Jan. 29, 2018).

FINRA Public Disclosure additionally reveals that on April 21, 2016, a customer filed an investment related complaint involving Bongiovanni’s activities where the customer sought unspecified damages founded on allegations that while Bongiovanni was registered at Newbridge Securities Corporation, and throughout the entirety of the time that the customer’s account was housed at the firm, mutual fund, equity and corporate debt transactions were effected in the customer’s account without any supervision, and charges were assessed to the customer on an excessive basis.

Bongiovanni has been registered with Newbridge Securities Corporation since March 10, 2014.

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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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