National investment loss lawyers KlaymanToskes is investigating broker Simone Garofalo (CRD# 7025823) of Cambridge International Securities.
According to FINRA BrokerCheck, Simone Garofalo has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”) in connection with FINRA’s findings that he engaged in securities activities with and for persons in the United States without the required registration to do so.
Investors that suffered losses with broker Simone Garofalo 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 Simone Garofalo, formerly of Cambridge International Securities, has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”). FINRA’s findings disclosed that from at least September 2020 to August 2022, while registered with FINRA as a foreign associate through an association with Cambridge, Garofalo engaged in securities activities with and for persons in the United States when he did not have the required registration to do so. Specifically, Garofalo allegedly used email and phone communications to discuss securities transactions and exchange related paperwork with investors and broker-dealers located in the United States. Further, FINRA found that in September 2020, Garofalo through Cambridge earned a commission by facilitating a private secondary securities transaction between two investors located in the United States.
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 Simone Garofalo, or have concerns regarding your investment portfolio at Cambridge International Securities, 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.