Louie Ucciferri Embroiled in a Six-Figure Dispute

Louie Ucciferri (CRD #: 1156956), a broker registered with Lightpath Capital, is facing a six-figure investor dispute, according to his BrokerCheck record. Keep reading for more detail. 

On May 19, 2023, investors alleged that Louie Ucciferri negligently recommended a real estate private placement. The private placement allegedly failed due to the impact of the Covid pandemic on the student housing sector. The sponsor allegedly failed to repay the bridge equity it borrowed to acquire the property, allegedly resulting in a forced sale of the property. The investors further alleged that he violated California securities laws with his recommendation. 

The investors are seeking $696,494.19 in this pending dispute. 

There is a similar investor dispute dated December 22, 2023. 

What is a Private Placement? 

Private placements are always risky because they do not have to register with the SEC and therefore do not have to meet as strict standards when disclosing information about the issuer. Private placements are also often illiquid and difficult to sell, making them high-risk. 

Background Information 

Louie Ucciferri has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• Series 79TO Investment Banking Registered Representative Examination 
• 52TO Municipal Securities Representative Examination 
• 99TO Operations Professional Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 14 Compliance Officer Examination 
• Series 27 Financial and Operations Principal Examination 
• Series 4 Registered Options Principal Examination 
• Series 53 Municipal Securities Principal Examination 
• Series 24 General Securities Principal Examination 

He is a registered broker in California, Florida, and Texas. 

Louie Ucciferri has worked with the following firms: 

• Lightpath Capital (CRD #: 34617) 
• Edegeline Capital (CRD #: 152774) 
• Camden Financial Services (CRD #: 19925) 
• CFI Securities (CRD #: 284750) 
• Integrated Trading and Investments (CRD #: 47730) 
• Regent Capital Group (CRD #: 126881) 
• Amerivet Securities (CRD #: 34786) 
• Hampton Securities (CRD #: 18305) 
• Lane Hartman (CRD #: 36817) 
• Robert Scott Securities (CRD #: 28180) 
• Colton Financial (CRD #: 22439) 
• Amerinational Financial Services (CRD #: 27986) 
• Commonwealth Equity Services (CRD #: 8032) 
• Fidelity Brokerage Services (CRD #: 7784) 
• Dean Witter Reynolds (CRD #: 7556) 

Kurta Law Can Help

If you worked with Louie Ucciferri 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.