Investor Alleges Vincent Catalano Recommended Unsuitable Investment

Vincent Catalano (CRD #: 5238819), a broker registered with Cambridge Investment Research, is the subject of a pending dispute, according to his BrokerCheck record, accessed on July 6, 2022. Read on if you have questions about Vincent Catalano’s conduct as a broker.

Investor Dispute

In a dispute filed on March 28, 2022, an investor alleged that Vincent Catalano recommended an oil and gas investment that was unsuitable for the client. This dispute is currently pending.

Energy investments are often unsuitable because they involve a high degree of risk. 

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s financial goals. Brokers must examine the information contained in an investor’s profile, such as their tax status, age, and risk tolerance.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds by pursuing FINRA arbitration.

Discharge from Lincoln Financial Advisors

On September 26, 2018, Vincent Catalano was fired from Lincoln Financial Advisors after the firm allegedly discovered he used his connection with former and current associates at an insurance company to service non-security policies of that insurance carrier after said carrier terminated his appointment.

Background Information

Vincent Catalano has passed the following exams:

• Series 65 – Uniform Investment Adviser 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

Vincent Catalano is a registered broker in 14 states and a registered investment adviser in Pennsylvania.

He has also worked for the following firms:

• Concourse Financial Group Securities (CRD#:15708)
• Lincoln Financial Advisors (CRD#:3978)
• ESI Financial Advisors (CRD#:265)
• Equity Services (CRD#:265)

Kurta Law Can Help

If you worked with Vincent Catalano 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.