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Christopher Fusco Embroiled in $300K Investor Dispute

Christopher Fusco (CRD #: 5981205), a formerly registered broker with Joseph Stone, is facing a six-figure investor dispute, according to his BrokerCheck record, accessed on June 23, 2022. Keep reading for more details.

On April 11, 2022, an investor alleged that Christopher Fusco engaged in excessive trading. The investor is seeking $310,000 in this pending dispute.

Excessive Trading

Churning, another name for excessive trading, violates FINRA Rule 2111 – the “Suitability Rule.” The rules states that the type of trade as well as the number of trades must suit the customer’s needs.

Each trade comes with a transaction fee, and an excessive number of trades generates fees that unfairly cut into trading profits. Investors who believe their losses were caused by excessive trading can pursue FINRA arbitration to recoup their losses.

Background Information

Christopher Fusco has passed the following exams:

  • Series 66 Uniform Combined State Law Examination
  • Series 7TO General Securities Representative Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 General Securities Representative Examination

Christopher Fusco has worked for the following firms:

  • Joseph Stone Capital (CRD #: 159744)
  • Arive Capital Markets (CRD #: 8060)
  • Cape Securities (CRD #: 7072)

Kurta Law Can Help

If you worked with Christopher Fusco and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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. 

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