National investment loss lawyers KlaymanToskes is investigating broker Sal Bonetti (CRD #4494241) of Insight Folios and Purshe Kaplan Sterling Investments.
According to FINRA BrokerCheck, broker Sal Bonetti a/k/a Salvatore Bonetti is currently facing an investor complaint filed in August 2024 alleging that he recommended aggressive stocks to a conservative investor, resulting in alleged damages of $130,000.
Investors that suffered losses with broker Sal Bonetti are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Sal Bonetti, a financial advisor from Windham, Maine, is facing a complaint from an investor. Records from the Financial Industry Regulatory Authority (FINRA) show that Bonetti works as a broker with Purshe Kaplan Sterling and as an investment advisor with Insight Folios. The complaint, filed in August 2024, claims that Bonetti advised a conservative investor to buy risky stocks. This advice allegedly led to losses of $130,000.
Bonetti’s BrokerCheck report also discloses past regulatory issues. In 2016, Bonetti was suspended from acting as a broker by FINRA due to allegations that he altered his member firm’s records of the telephone numbers of firm customers owning securities accounts that he serviced, and that his actions could have prevented or delayed competing registered representatives at the firm from being able to contact these customers. The findings stated that by altering the telephone numbers of the firm’s customers, Bonetti caused the firm’s books and records to be inaccurate, and he acted without the authorization of the affected customers or the firm.
In 2017, Bonetti faced another regulatory action, initiated by the Office of Insurance and Safely Fire Commissioner State of Georgia, whereby he was placed on probationary status for twelve (12) months starting November 7, 2017.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Sal Bonetti. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Sal Bonetti, or have concerns regarding your investment portfolio at Insight Folios and/or Purshe Kaplan Sterling, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.