Pages - Menu

Pages

Wednesday, April 10, 2013

Would you take financial advice from crackpot Robert A Maiocco alleged City Council "President" ???

Robert Alexander Maiocco's conduct as a "financial professional"

Customer Disputes against Robert A Maiocco


Council President Robert A Maiocco settled a case for $312,470.36!

THE ARBITRATION PANEL ENTERED AN
AWARD GRANTING CLAIMANTS' $289,000.00 PLUS INTEREST AT THE RATE
OF 5% PER ANNUM FROM JULY 27, 2010 TO PAYMENT OF AWARD IN FULL;
AND, RESPONDENT SHALL PAY CLAIMANTS' ATTORNEY FEES OF $81,882.52.

WHY SHOULD ROBERT MAIOCCO BE ANYWHERE NEAR TAXPAYER MONIES?

WHY SHOULD MAIOCCO BE PAID A RIDICULOUS $30,000.00 A YEAR AS A CITY COUNCILOR WHEN OTHER CITIES PAY THEIR COUNCILORS A THIRD OF THAT OR LESS!!!!
_________________________________________________________
Allegations:
WACHOVIA SECURITIES, LLC
73 YEAR OLD OREGON RESIDENT ALLEGES THAT FA ROBERT MAIOCCO MADE RECOMMENDATIONS THAT CAUSED LOSSES IN HIS ACCOUNT AND THAT HE DID NOT REDUCE THE COMMISSIONS ON A TRANSACTION IN ACCORDANCE WITH HIS EARLIER REPRESENTATION.
Product Type:  Equity Listed (Common & Preferred Stock)
Alleged Damages:  $9,903.00
Date Complaint Received:  05/21/2007
Settled
Disposition Date:
11/06/2007
Monetary Compensation
Amount:
$5,000.00
Medford City Council President only had to settle for FIVE THOUSAND DOLLARS, not the THREE HUNDRED AND TWELVE THOUSAND, FOUR HUNDRED AND SEVENTY DOLLARS AND FORTY SIX CENTS THAT MAIOCCO HAD TO PAY OUT IN ANOTHER CLAIM AGAINST THE FINANCIAL WIZARD WHO PISSES ON THE FIRST AMENDMENT TO THE U.S. CONSTITUTION AT THE CITY COUNCIL,
as Fraud Maiocco did on 4-9-13 in Medford! 

Customer Disputes against Robert A Maiocco
 __________________________________  

Why is he in a position to control the fate of 56,000 people in Medford as a Council President when Maiocco is not forthright with the citizens about his despicable, ugly background as a "financial adviser"???  (we'll get to his nephew Paul A. Camuso before the election, you can bet on that.)

Customer Disputes against Robert A Maiocco

KNOW YOUR CITY COUNCILORS AND THEIR BACKGROUND!

what is CRD?
Central Registration Depository 

CRD
A central database with information on individual brokers, investment advisors, and so forth. The CRD provides information on their backgrounds, education, licensing, and perhaps, most importantly, whether or not clients have complained about them or if they have ever been disciplined by an exchange, the SEC, or a professional organization.
_____________________________________
ROBERT A. MAIOCCO'S HISTORY IS 
CHILLING...

Customer Disputes against Robert A Maiocco


MAIOCCO SHOULD HAVE NO STANDING IN THE MEDFORD COMMUNITY WHEN CITIZENS SEE THE REPORTS ON THE INDIVIDUAL WHO BULLIED HIS WAY TO YET ANOTHER TERM AS COUNCIL PRESIDENT:

Docket/Case #: 10-03416
Allegations:
WELLS FARGO ADVISORS, LLC
ALLEGES FA INVESTED IN ACCOUNT WITH HIGH RISK PROFILE, PLACED
TRADES THAT WERE INAPPROPRIATE FOR CLIENT'S OBJECTIVES, AND
GAVE FALSE ASSURANCES REGARDING ASSETS. DATES NOT SPECIFIED. **ARBITRATION ALLEGATIONS: CLAIMANTS OPENED THEIR ACCOUNTS IN
1997 AT WHICH TIME THEY ALLEGED UNSUITABLE INVESTMENT RECOMMENDATIONS WERE MADE. CLAIMANTS REQUEST
COMPENSATORY DAMAGES OF $1.8 MILLION.

MEDFORD CITY COUNCILOR ROBERT ALEXANDER MAIOCCO SETTLED!

Date Notice/Process Served:
08/10/2010
Award to Customer
Disposition Date:
02/14/2012
Monetary Compensation
Amount:
$312,470.36

Customer Disputes against Robert A Maiocco

____________________________________________________________________________

ANOTHER COMPLAINT AGAINST
ROBERT ALEXANDER MAIOCCO BY AN UNHAPPY CLIENT!   DISGUSTING.

A CITY COUNCILOR SHOULD BE HELD TO A HIGHER STANDARD! 

Customer Dispute
CUSTOMER ALLEGED THAT FA NOT ONLY MISMANAGED HER INHERITED
IRA, BUT THAT HER OWN ACCOUNT WAS TRADED EXTENSIVELY TO HIS
BENEFIT, RESULTING IN A $71,000.00 LOSS.

Alleged Damages:
$71,000.00

www.finra.org/brokercheck
User Guidance
Customer Dispute - Closed-No Action/Withdrawn/Dismissed/Denied
This type of disclosure event involves (1) a consumer-initiated, investment-related arbitration or civil suit containing allegations of sales practice violations against the individual broker that was dismissed, withdrawn, or denied; or (2) a consumer-initiated, investment-related written complaint containing allegations that the broker engaged in sales practice violations resulting in compensatory damages of at least $5,000; forgery, theft, or misappropriation; or conversion of funds or securities that was closed without action, withdrawn, or denied.

Description

Robert Maiocco a financial professional at Wells Fargo Advisors, LLC, a broker-dealer with over 25,300 registered representatives nationwide. Robert has held an industry securities registration for 40 years and 

The following types of disclosures were reported:
Customer Disputes against Robert A Maiocco
 

__________________________________________________________________________



Customer Disputes against Robert A Maiocco 
Customer Disputes against Robert A Maiocco 
Customer Disputes against Robert A Maiocco