Luigi Mazza Allegedly Failed to Follow Client’s Instructions

Luigi Mazza (CRD #: 3025837), a broker registered with Oppenheimer & Company, allegedly failed to follow a client’s instructions, according to his BrokerCheck record, accessed on May 14, 2025. Keep reading if you have questions about his alleged conduct as a broker.

Investor Dispute

On February 26, 2025, an investor alleged that Luigi Mazza made unsuitable investments and failed to follow their instructions between September and December 2024. The client sought $139,461 in damages but the firm denied the dispute.

However, investors should be aware that firms can deny disputes without an external review. You may be able to recover damages after a denial by pursuing FINRA arbitration.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. These profiles contain information about an investors’ tax status, risk tolerance, investing experience, and financial goals.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Termination from Raymond James & Associates

On December 19, 2017, Luigi Mazza was fired from Raymond James & Associates following allegations that he sent business emails containing personally identifiable information (PII) through his personal email account.

Background Information

Luigi Mazza has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

Luigi Mazza is a registered broker in ten states and a registered investment adviser in Florida.

He has also worked for the following firms:

• Raymond James & Associates (CRD#:705)
• Morgan Stanley (CRD#:149777)
• Citigroup Global Markets (CRD#:7059)
• Morgan Stanley (CRD#:7556)

Kurta Law Can Help

If you worked with Luigi Mazza 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 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.