Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on December 28, 2018 indicate that New Jersey-based Securities America broker Frank Esposito has received a customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Esposito (CRD# 2446746).
Frank Esposito has spent 23 years in the securities industry and has been registered with Securities America in Middletown, New Jersey since 2016. Previous registrations include QA3 Financial Corporation in Middletown, New (2008-2011); Securities Services Network in Middletown, New (2006-2008); TFS Securities in Lincroft, New Jersey (2006); Royal Alliance Associates in New York, New York (2005-2006); TFS Securities in Lincroft, New Jersey (1998-2005); Pruco Securities in Newark, New Jersey (1995-1998); and Royal Alliance Associates in Jersey City, New Jersey (1994). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 30, 1994; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on May 4, 1994. He is a registered broker with 12 US states and territories: Connecticut, Delaware, Florida, Georgia, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Puerto Rico, and Virginia.
According to his BrokerCheck report, he has received one customer complaint, one denied customer complaint, and two unsatisfied judgments or liens.
In October 2018 a customer alleged Frank Esposito, while employed at FSC Securities Corporation, provided a poor recommendation to partially withdraw from a variable annuity and purchase non-traded real estate investment trusts. The customer sought $137,620 in damages in the complaint, which was denied.
In 2015 a customer alleged Frank Esposito, while employed at FSC Securities Corporation, failed to timely execute a variable annuity transfer, resulting in adverse tax consequences. The complaint settled for $7,500.
In 2005 the New Jersey Superior Court Law Division filed a civil judgment or lien totaling $5,975 against him. The judgment or lien remains outstanding.
In 1994 the New York State Tax Commission filed a tax lien totaling $588 against him. The lien remains outstanding.
If you or someone you know has lost money investing with Frank Esposito, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.