National investment fraud lawyers KlaymanToskes is investigating Staci Ann Compagno (CRD# 2824392) after the Provo, Utah-based investment advisor received two investor complaints alleging over $2,000,000 in collective investor damages for failure to supervise and failing to disclose an unauthorized outside business activity.
Investors that suffered losses with Staci Ann Compagno may be entitled to a financial recovery. Contact Lawrence L. Klayman, Esq. immediately at (888) 997-9956 or lklayman@klaymantoskes.com to discuss your legal options at no cost.
Stacy Ann Compagno a/k/a Stacy Myers (CRD# 2824392)
According to FINRA BrokerCheck, Staci Ann Compagno was previously registered as a stockbroker with DFPG Investments from 2020 to 2022 in Sandy, UT and with Allegis Investment Services from 2014 to 2019 in South Jordan, UT. Compagno is currently registered as an investment adviser with TownSquare Capital in Provo, UT.
Compagno’s FINRA BrokerCheck discloses two investor complaints. The most recent complaint, filed in October 2022, alleges failure to supervise and an unauthorized outside business activity, which was hidden from the firm. The complaint further alleges that in her duties as Chief Compliance Officer (“CCO”) at Allegis Investment Services (a now defunct firm), Compagno allegedly failed to supervise a former representative who placed investor assets into a fund that did not exist. The complaint is pending and alleges $2,000,000 in investor damages.
Compagno’s broker comment states “The alleged conduct at issue was intentionally hidden from the firm.” A second complaint filed in June 2016 alleged failure to supervise personnel in charge of the account and that the investor suffered a loss of $400,000.
Although Allegis Investment Services is currently not registered as a brokerage firm and was terminated by the SEC in 2019, investors can still pursue individual loss recovery claims against the stockbrokers and financial advisers that caused investment losses.
A Financial Industry Regulatory Authority (“FINRA”) securities arbitration claim may be the best solution to recover investment losses. FINRA arbitration is a cost-effective process for investors, often occurring with increased speed and efficiency over litigation, allowing investors to maintain greater flexibility over their case.
Investors who have experienced significant investment losses are encouraged to contact attorney Lawrence L. Klayman, Esq. at 1-888-997-9956 or lklayman@klaymantoskes.com for a free and confidential consultation.
In accordance with FINRA Rule 3270, all financial professionals are required to report and receive approval from their brokerage firm before engaging in any business activity outside of his/her relationship with the firm.
Staci Ann Compagno’s FINRA Brokercheck Report lists one known outside business activity. Compagno is an accounting consultant for SJ Metal Designs, a limited liability company in Riverton, Utah that creates and sells sheet metal parts and artwork.
Former and current customers of Staci Ann Compagno that suffered investment losses are encouraged to contact securities attorney Lawrence L. Klayman at (888) 997-9956 or lklayman@klaymantoskes.com to learn about recovery options. Consultations are free and every case is taken on a contingency basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
Lawrence L. Klayman, Esq.
888-997-9956