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Jonathan Iraggi Was “Permitted to Resign” Following Allegations of Unauthorized Trading

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Jonathan Iraggi

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 7, 2017 indicate that New Jersey-based National Securities Corporation broker Jonathan Iraggi recently resigned from a former employer in connection to alleged rule violations. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Iraggi (CRD# 5857254).

Jonathan Iraggi has spent six years in the securities industry and has been registered with National Securities Corporation in Morganville, New Jersey since August 2017. Previous registrations include Garden State Securities in Red Bank, New Jersey (2016-2017); Portfolio Advisors Alliance in New York, New York (2012); American Capital Partners in Hauppage, New York (2012); Portfolio and Advisors Alliance in New York, New York (2011-2012). He is currently not registered as a broker with any US state.

According to his BrokerCheck report, he recently resigned from his former employer and has received two denied customer complaints.

In July 2017, he was “permitted to resign” from his position at Garden State Securities following allegations of unauthorized trading. For reference, FINRA rules prohibit brokers from executing transactions without a customer’s permission or authorization, with exceptions including discretionary accounts and in some circumstances margin accounts. Registered representatives who participated in unauthorized trading may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.

In July 2017 a customer alleged Jonathan Iraggi, while employed at Garden State Securities, executed unauthorized trades. The customer sought $22,000 in damages in the complaint, which was denied.

If you have complaints regarding Jonathan Iraggi, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recover your losses. All cases are taken on a contingency basis: we only get paid if and when you collect money. The law sets a limited window to file complaints, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.