National investment loss lawyers KlaymanToskes is investigating broker Sean Mostero (CRD# 6447158) formerly of Cetera Advisors, Alessandra Capital Management, and LPL Financial.
According to FINRA BrokerCheck, Sean Mostero has been barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with his failure to respond to FINRA’s requests for information. Mostero is also involved in a customer complaint alleging $350,000 in damages and that he engaged in an inappropriate relationship with the customer, whom he failed to protect from poor financial decisions. The complaint further alleges he breached his duties of care, and failed to act in the customer’s best interest.
Investors that suffered losses with broker Sean Mostero are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Sean Mostero has been barred from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) following allegations that he failed to respond to requests for information by FINRA during an investigation into the advisor. On February 29, 2024, Mostero was discharged from his position at Alessandra Capital Management, with the firm alleging “Mr. Mostero abandoned his job. Mr. Mostero ceased coming to the office and did not cooperate with the firm’s requests for information regarding complaint received regarding his professional conduct.” Mostero is currently facing a customer dispute which alleges $350,000 in investor damages due to failure to act in the customer’s best interest, breach of fiduciary duty, and failure to protect the customer from poor financial decisions.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged 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 Sean Mostero, or have concerns regarding your investment portfolio at Cetera Advisors, LPL Financial, Alessandra Capital Management, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.