JASON PINTUS of Monmouth Capital BARRED for Allegations of Falsified Documents

Israels & Neuman, PLC — Tue, 09 May 2023 18:11:25 GMT

Jason Pintus, Formerly with Monmouth Capital Management, Barred from Securities Industry

POINT PLEASANT BEACH, NEW JERSEY

The securities and investment fraud law firm of Israels & Neuman is looking into claims made by FINRA (the Financial Industry Regulatory Authority) against Jason Pintus, of Point Pleasant Beach, NJ, who previously worked with Monmouth Capital Management from January 2020 to April 2023. FINRA barred Pintus after he failed to respond to an investigation.

FINRA’s AWC attached below, alleges that he served as the Chief Compliance Officer of Monmouth Capital Management and its Anti-Money Laundering Compliance Officer. FINRA was looking into allegations that Pintus potentially falsified documents in response to FINRA’s investigation of another representative at Monmouth Capital Management. Pintus refused to appear for an on-the-record interview with FINRA.

Monmouth Capital Management is a FINRA member. FINRA Rule 8210 provides that representatives like Jason Pintus are required to respond with FINRA investigation. Additionally, Brokerage firms must adequately monitor the conduct of its advisors.

Israels & Neuman is an investment fraud and securities arbitration law firm that has recovered millions of dollars for investors in the past. We represent investors in all 50 states, including in New Jersey.

View Pintus, j FINRA AWC

View Pintus, j BrokerCheck 5.9.23

If you lost money with Monmouth Capital Management, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.

MICHAEL RAINERI of Securities America in Seattle is BARRED

Israels & Neuman, PLC — Wed, 19 Apr 2023 21:25:59 GMT

Michael Raineri of Securities America and KMS Financial is Barred from the Securities Industry

SEATTLE, WASHINGTON Are you a former customer of Michael Raineri in Seattle, Washington? Our Seattle securities arbitration firm is looking into claims made by FINRA (the Financial Industry Regulatory Authority) against Michael Raineri, who was recently affiliated with Securities America.

Michael Raineri was alleged to have received $135,000 from a customer. Raineri had claimed that he started paying personal expenses on behalf of a customer, beginning in August 2018 while Raineri was with KMS Financial Services. However, the $135,000 funds far exceeded the expenses that Raineri had paid on the customer’s behalf. As such, FINRA barred Raineri from the securities industry.

Mr. Raineri was licensed with Securities America from November 2020 to April 2023. He was also with KMS Financial Services from April 2018 to November 2020. Raineri worked in Seattle, Washington offices. He’s also the subject of a customer complaint regarding this $135,000.

Raineri was bound to follow FINRA Rule 2150, which provides that advisors cannot improperly use a customer’s funds or securities. Moreover, Securities America and KMS Financial Services must properly supervise its financial advisors. Failure to follow these rules could result in liability for the advisor and brokerage firm.

Israels & Neuman has an office in Smith Tower in downtown Seattle, Washington. Attorney David Neuman is licensed to practice law in Washington. We have sued numerous firms in the past, including Securities America.

View Raineri, m FINRA AWC

View Raineri, m BrokerCheck 4.19.23

If you lost money with Michael Raineri, Securities America, or KMS Financial Services, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.

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