(720) 599-3505

INVESTOR ALERT! MICHAEL EVANGELISTA of Parsippany, NJ

SEARCH OUR BLOGS
28
Nov

INVESTOR ALERT! MICHAEL EVANGELISTA of Parsippany, NJ

Posted by admin | 0 Comment
INVESTOR ALERT!  MICHAEL EVANGELISTA of Parsippany, NJ

Michael Evangelista and Allegations of Unsuitable Investments

 

Have you lost money in Michael Evangelista from Parsippany, New Jersey?  Michael Evangelista was recently barred by FINRA, the Financial Industry Regulatory Authority, for selling investments in a real estate company.  It was alleged that Evangelista did not have permission from his brokerage firm, Cambridge Investment Research, to sell these investments.

 

FINRA alleged that Michael Evangelista recommended that a number of his clients invest in this real estate company between 2006 and 2011.  It was alleged that Evangelista sold at least $3 million in securities to his clients, and that he earned over $50,000 in commissions for selling these investments.  FINRA also alleged that Evangelista had no reasonable basis for making these recommendations to his clients, and therefore that the recommendations were unsuitable for these clients.

 

Michael C. Evangelista was a financial advisor and registered representative of Cambridge Investment Research from January 2008 to May 2012.  He worked out of offices in Parsippany, New Jersey, and Berwyn, Pennsylvania.

 

Broker-dealers have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives.  Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When broker-dealers fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

 

Our attorneys have represented hundreds of investors who have defrauded by their financial advisor or stockbroker.  We have also previously represented clients throughout Pennsylvania, New Jersey, and New York.

 

If you have lost money with Michael Evangelista and want to hear about ALL legal options, please visit https://www.israelsneuman.com and go to our CONTACT page or call us at 720-599-3505.

 

Click to view:  Evangelista FINRA AWC

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