(720) 599-3505

ERIC PICA of New York Accused of Stealing $200,000

SEARCH OUR BLOGS
28
Oct

ERIC PICA of New York Accused of Stealing $200,000

Posted by admin | 0 Comment
ERIC PICA of New York Accused of Stealing $200,000

Eric Pica, with Joseph Stone Capital, Subject of FINRA Complaint

 

Have you lost money with financial advisor Eric Pica?  The Law Firm of Israels & Neuman is investigating allegations made about Eric Patrick Pica from New York, NY.  FINRA (the Financial Industry Regulatory Authority) seeks to bar Pica from the securities industry.  FINRA alleges that Pica misused customer funds when we directed a customer to write a $200,000 check to Light Capital Group, a company wholly owned by Pica.  Instead of directing the money to the customer’s brokerage account, it was alleged that Pica transferred the money to his personal account where he used it to pay a down payment on a house.

 

Eric Pica was a financial advisor and registered representative of Joseph Stone Capital from April 2015 to the present.  He works in a branch office in New York City.  Pica has been the subject of seven customer complaints.

 

Brokerage firms like Joseph Stone Capital have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

 

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan.  We represent investors in FINRA arbitration proceedings in all 50 states, including New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past.

 

Click to view:  Pica, Eric FINRA Complaint

Click to view:  Pica, Eric BrokerCheck 10.28.19

 

If you lost money with Eric Pica or Joseph Stone Capital, please CONTACT US at 720-599-3505 for a free evaluation of your case.

 

 

 

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.
10.0David P Neuman

FREE CASE EVALUATION

DENVER: (720) 599-3505

SEATTLE: (206) 795-5798


Copyright © 2019 Israels Neuman, PLC. All Rights Reserved | Sitemap

Marketing Webmasters | Developed By TRIGUNS