Vincent Villani (CRD#: 4296670), a registered representative with National Securities Corporation (CRD#: 7569) in New York, New York, is currently involved in a customer dispute, according to his BrokerCheck record accessed on July 20, 2020. The customer is alleging that Vincent Villani recommended unsuitable investments. Read on to learn more.
On June 1, 2020, a client filed an investor complaint against Vincent Villani. The client is alleging that he recommended unsuitable investments. The client is seeking $100,000 in damages; the dispute is pending. As part of their duties, brokers must only recommend investments that are “suitable” for a given client based on a customer’s age, risk tolerance, need for liquidity, short-term and long-term investments goals, among other factors. Brokers must do a “customer-specific” suitability analysis, and, in this case, a client alleges that Vincent Villani failed to do this.
Vincent Villani has passed the Series 63 – Uniform Securities Agent State Law Examination, the SIE – Securities Industry Essentials Examination, and the Series 7 – General Securities Representative Examination. He is licensed to sell securities in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Montana, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Texas, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Over his 13-year career in the securities industry, Vincent Villani has worked for six firms, some of which have been expelled by the Financial Industry Regulatory Authority (FINRA). In addition to National Securities Corporation (CRD#: 7569) in New York, New York, he has also worked for:
- Joseph Gunnar & Co. LLC (CRD#: 24795)
- John Thomas Financial (CRD#: 40982) — expelled by FINRA on October 31, 2013
- Obsidian Financial Group LLC (CRD#: 104255) — expelled by FINRA on October 16, 2013
- American Capital Partners LLC (CRD#: 119249)
- Milestone Financial Services, Inc. (CRD#: 43295)
If Vincent Villani was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta to learn more about your options for investment loss recovery. Call (877) 238-4175 or email firstname.lastname@example.org for your free case consultation with a securities attorney.