Thomas John Briguccia Jr. of Ronkonkoma New York a stockbroker currently registered with Spartan Capital Securities LLC is referenced in a customer initiated investment related arbitration claim where the customer requested $1,911,616.00 in damages based upon accusations that (1) transactions executed by the stockbroker failed to be suitable for the customer and (2) Spartan Capital Securities LLC failed to supervise the options and stock trades effected in the customer’s account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-01243 (May 6, 2019).

FINRA Public Disclosure confirms that Briguccia is referenced in nine additional customer initiated investment related disputes pertaining to allegations of his violative conduct during the time that he was associated with Joseph Gunnar Co. and KC Ward Financial. Specifically, a customer initiated investment related arbitration claim regarding Briguccia’s conduct was settled for $190,000.00 in damages founded on accusations that Briguccia breached his fiduciary duties to the customer; executed options, stocks and over-the-counter equities transactions that were unsuitable; omitted and misrepresented investment information; and churned the customer’s account during the period in which he was employed by Joseph Gunnar.

Also, a customer filed an investment related arbitration claim involving Briguccia’s activities in which the customer sought $140,000.00 in damages supported by allegations that margin was inappropriately utilized to effect securities transactions; over-the-counter equities trades effected in the customer’s account were inappropriate; and the customer’s investment instructions were disregarded. Also, a customer filed an investment related civil action in the Superior Court of California that involved Briguccia’s conduct where the customer requested $141,994.50 in damages based upon accusations including omissions of facts, and false or misleading information inducing the customer’s over-the-counter equities and stock trades.

In addition, a customer initiated investment related arbitration claim concerning Briguccia’s activities was resolved for $11,000.00 in damages founded on allegations of Briguccia making false or misleading statements regarding the terms, conditions or risks of investments including common and preferred stock and over-the-counter equities; and Briguccia selling inappropriate and poorly performing investments. Briguccia is additionally the subject of a customer initiated investment related arbitration claim which was settled for $100,000.00 in damages supported by accusations that when he was associated with KC Ward Financial, his inappropriate trades led the customer to experience unwarranted losses. FINRA Arbitration No. 14-02641 (May 13, 2016).

Briguccia has been registered with Spartan Capital Securities LLC since January 2, 2018.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

Questions or comments regarding the source or accuracy of any information, including any subsequent developments, should be directed to:  [email protected].com

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer.

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.

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

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
National Practice. Contingent Fee. Confidential Free Consultation.

 (877) SEC-ATTY

1700 Market Street, Suite 1005
Philadelphia, PA 19103
Direct: (215) 413-8223
Toll Free: (877) 732-2889

1260 South Soto Street, Suite 7
Los Angeles, California 90023
Direct: (213) 255-3475
Toll Free: (877) 732-2889

2750 NE 185th Street, Suite 302
Aventura, Florida 33180-2877
Direct: (786) 490-2413
Toll Free: (877) 732-2889

See Important Disclaimer

Tags: ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website