FINRA Bars Ronald Giovino Jr. after Failure to Provide Information in its Investigation
According to the Financial Industry Regulatory Authority (FINRA), the regulator has barred financial advisor Ronald Joseph Giovino, Jr. (CRD # 2236071) from the securities industry after he allegedly refused to produce information and documents requested by FINRA in connection with its investigation into whether he converted customer funds.
FINRA’s findings stated that this matter came from information received by FINRA Securities Helpline for Seniors. Although Giovino produced certain information and documents, he purportedly refused to produce the outstanding information and documents.
According to Giovino’s FINRA broker report, he was affiliated with the following FINRA registered firms, among others:
08/27/2013 – 11/15/2013, LEGEND EQUITIES CORPORATION (CRD#:30999), CLEARWATER, FL
03/29/2004 – 07/08/2021,GWN SECURITIES INC. (CRD#:128929), Clearwater, FL
07/21/2003 – 08/31/2004, MONEY CONCEPTS CAPITAL CORP (CRD#:12963), PALM BEACH GARDENS, FL
Giovino’s broker report indicates he has 7 disclosure events, including 3 customer complaints, 1 employment separation and 1 investigation, among others.
Potential Lawsuits to Recover Financial Losses
The White Law Group is investigating potential securities fraud lawsuits regarding the liability that Giovino’s employers may have for failure to properly supervise him.
When brokers violate securities laws, such as making unauthorized transactions or misappropriation of customer’s funds, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois. We represent investors in FINRA arbitration claims in all 50 states including Florida. Our attorneys have recovered millions of dollars from many brokerage firms in the past.
If you are concerned about your investments with Ronald Giovino, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.
For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.
Tags: FINRA arbitration, Ronald Giovino JR Clearwater, Ronald Giovino financial advisor, Ronald Giovino FINRA, Ronald Giovino GWN, Ronald Giovino investigation, Ronald Giovino Jr. complaints, Ronald Giovino lawsuit, Ronald Giovino unsuitable investments, securities fraud attorney Last modified: December 27, 2022