Anthony Martinelli Allegedly Failed to Follow Instructions Regarding Options Trades

Anthony Martinelli (CRD #: 2590758), a broker registered with LPL Financial, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 1, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On July 18, 2024, an investor alleged that Anthony Martinelli failed to follow instructions regarding options trades and poor performance with respect to the customer’s managed portfolio. 

The investor is seeking $3,000,000. 

This is the second investor dispute on his record. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to follow instructions may violate this rule. 

What is an Options Strategy? 

A “call” option gives an investor the right to buy a stock for a certain price once the price of the stock goes above the strike price by a specified deadline. A “put” option gives the buyer the right to sell shares once the stock drops to the strike price by the specified deadline. Depending on what type of options contract the investor buys, the investor is placing a bet that the price of a stock will either increase or decrease. Options trading strategies are often unsuitable because they are speculative and therefore likely to lose money.

Background Information 

Anthony Martinelli has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• Series 7TO General Securities Representative Examination 
• SIE – Securities Industry Essentials Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He is a registered broker in 12 states and is a registered investment adviser in Pennsylvania. 

During his 29 years of experience, Anthony Martinelli has registered with three firms: 

• LPL Financial (CRD #: 6413) 
• Jacobi Capital Management (CRD #: 147663) 
• New England Securities Corporation (CRD #: 615) 

Kurta Law Can Help 

If you worked with Anthony Martinelli and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.