Vince Lagatta (CRD #3098611) Has Customer Dispute Disclosures on FINRA BrokerCheck
Vince Lagatta (CRD #3098611) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 24, 2026. It reflects five customer disputes. If you invested with Vince Lagatta and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Vince Lagatta’s FINRA BrokerCheck Report reflects five customer dispute disclosures. Below are summaries of two disputes from that category. BrokerCheck currently lists three additional customer dispute disclosures in the same section.
On January 6, 2026, a former customer alleged that Vince Lagatta recommended a $20,000 market-linked CD purchased in February 2018 and raised general suitability and performance-based claims. Vince Lagatta’s FINRA BrokerCheck report lists the product as a market-linked CD and shows alleged damages of $5,000. The firm denied the complaint on January 28, 2026.
On October 3, 2024, a former customer alleged that Vince Lagatta misrepresented a callable zero coupon market-linked CD purchased on February 23, 2018. Vince Lagatta’s FINRA BrokerCheck report states the customer claimed the product was described as paying 3% per year if not called, while the term sheet stated that principal was guaranteed and any interest could be calculated only at maturity. The firm denied the complaint on October 25, 2024.
Rule Summary #1: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 requires a broker to have a reasonable basis to believe a recommendation fits the customer’s investment profile. Complaints about market-linked CDs and structured products often raise questions about risk, liquidity, and whether the product matched the investor’s goals.
Rule Summary #2: FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices)
FINRA Rule 2020 bars manipulative or deceptive conduct in the purchase or sale of securities. When a customer claims a product’s features or payout terms were misrepresented, this rule can be relevant.
Why This Matters to Investors (Regulation Best Interest)
Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.
Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.
Reg BI has four key obligations:
-
Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.
-
Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.
-
Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.
-
Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.
Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.
Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.
Background Information (from BrokerCheck)
Based on his FINRA BrokerCheck report, Vince Lagatta:
Is currently registered with Osaic Wealth, Inc.
Has passed the Securities Industry Essentials (SIE) exam. Vince Lagatta has also passed Series 7, Series 66, and Series 63.
Was previously registered with firms that include PNC Investments, PNC Managed Account Solutions, Inc., BBVA Securities Inc., U.S. Bancorp Investments, Inc., and BancWest Investment Services, Inc.
Kurta Law Can Help
If you have worked with Vince Lagatta and you have concerns about your investments, Kurta Law may be able to help you evaluate your legal options. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
Helpful resources: Unsuitable Investments | Stockbroker Fraud
For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.