Robert Masanotti Allegedly Misrepresented Securities Liquidation

Robert Masanotti (CRD #: 5804805), a broker registered with J.P. Morgan Securities, allegedly engaged in misrepresentation, according to his BrokerCheck record, accessed on June 20, 2023. If you want to know more about his alleged conduct as a broker, read on.

Investor Dispute

On April 25, 2023, an investor alleged that Robert Masanotti made misrepresentations with regard to a liquidation and purchase of securities. This misconduct allegedly occurred from October 6 to October 20, 2023. This dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without an outside review. Investors may be able to recover their funds by seeking out FINRA arbitration after a denial.

FINRA Rule 2020

The misrepresentation of information related to investments violates FINRA Rule 2020, which bans the use of manipulation, deception, and other fraudulent tactics to influence the purchase and sale of securities.

FINRA Rule 2010

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

Background Information

Robert Masanotti has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Robert Masanotti is a registered broker in 15 states and a registered investment adviser in Connecticut and Texas.

He has also worked for the following firms:

• MML Investors Services (CRD#:10409)
• MSI Financial Services (CRD#:14251)
• Forefront Capital Markets (CRD#:151812)
• Wells Fargo Advisors (CRD#:19616)
• First Investors Corporation (CRD#:305)

Kurta Law Can Help

If you worked with Robert Masanotti 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.