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Investor Seeks Six Figures in Dispute with Richard Donatelli

Richard Donatelli (CRD #: 1652397), a broker registered with LPL Financial, is the subject of a pending dispute, according to his BrokerCheck record, accessed on December 5, 2022. Keep reading if you have questions about his alleged conduct as a broker.

Investor Dispute

On September 26, 2022, an investor alleged that Richard Donatelli gave her “improper” advice from February 2020 to June 2021 in relation to the available options associated with inherited IRA accounts. The client seeks $400,000 in damages in this pending dispute.

Background Information

Richard Donatelli has passed the following exams:

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

Richard Donatelli is a registered broker in nine states.

He has also worked for the following firms:

  • National Planning Corporation (CRD#:29604)
  • Woodbury Financial Services (CRD#:421)
  • AXA Advisors (CRD#:6627)
  • Mony Securities Corporation (CRD#:4386)
  • IRM Distributors (CRD#:11869)

Kurta Law Can Help

If you worked with Richard Donatelli 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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