Thursday, April 11, 2013

Damaged Maiocco MUST be removed from City Council

By  April 11, 2013  
87,966 pagevies   2:55 PM 4-11-13   15 in 49 minutes about a hit every 3 minutes
87,951 pageviews 2:06 PM 4-11-13
78,766 pageviews 5:59 PM 2-27-13   Notice how many hits in less than 2 months
73 hits in 2 hours 25 minutes
802 hits in the past 24-36 hours!  
7,050 in the past 30 days. Maiocco is toast! 
MORE PEOPLE READ MEDFORD INFO CENTRAL FOR THEIR NEWS TO GET THE REALITY OF THE SITUATION
_________________________________________________ 

Maiocco

DISGRACE

"I'm just grateful to be a city councilor and, along with my colleagues, we're going to do the best we can for the city,"   Robert Alexander Maiocco January 11, 2013, Boston Globe http://www.boston.com/yourtown/news/medford/2013/01/medford_council_re-appoints_le.html

Embattled City Councilor Robert A. Maiocco is looking more like Bernie Madoff than the "upstanding Medford resident' he claims to be.

On April 9, 2013, Maiocco refused to allow a citizen talk about the topic!  Maiocco violated Rule 17 of the City Council indulging in censorship and acting in a vicious - and some would say - violent way.

1)COUNCIL "PRESIDENT" MAIOCCO ACCUSED OF VIOLATING THE CITY COUNCILS OWN RULES!

http://medford.org/Pages/MedfordMA_Council/City%20Council%20Rules.pdf

RULES OF DEBATE
Rule 17.
Upon all debatable matters a Councillor shall speak
no more than three (3) times
or more than fifteen (15) minutes on the same issue
. Any citizen or petitioner
shall be limited to ten (10) minutes. *

*A speaker noted how the City Council had failed to 

______________________________________________________________
2)FACT: City Council under Maiocco a threat to public safety.  Maiocco fails to keep the public safe.

Robert A. Maiocco not only enabled his friends at TV3 Medford to disrupt the meeting to attack a man Maiocco has targeted for persecution, when it got out of hand Maiocco himself had to call the police because Matthew Page-Lieberman was physically assaulting Maiocco's victim!  

Maiocco accepted an apology from Page-Lieberman the next week; probably an apology because Page-Lieberman didn't kill the man that Maiocco has fixated on for the past five years.


Officers from the Medford Police Department arrived at City Hall at approximately 9:15 p.m., after Council President Robert Maiocco called and reported a disturbance that was interrupting the meeting.

_______________________________________

3)Alleged Failure to File Conflict of Interest Disclosure with the city

Councilor Robert A. Maiocco of Wells Fargo failed to file conflict-of-interest disclosure with the city!   Maiocco's wife has worked for the schools for more than 30 years; Mrs. Cheryl Maiocco recently sold a home to the daughter of Michael J. McGlynn, the Mayor who is the Chairman of the School Committee!

September 27, 2012 Medford Transcript

Medford City Council President Robert Maiocco’s wife, for example, has worked for the schools for more than 30 years, currently as an evaluation team leader (ETL) for special education services.  The paper notes that Maiocco had FAILED to file  conflict-of-interest disclosures with the city as of Sept. 24, 2012.

Read more: Are some members of the Medford City Council violating state ethics laws? - News - Medford, Massachusetts - Medford Transcript http://www.wickedlocal.com/medford/news/x1925497384/Are-some-members-of-the-Medford-City-Council-violating-state-ethics-laws#ixzz2QBI3Ptsv
Under Creative Commons License: Attribution Non-Commercial Share Alike
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 ____________________________________________________________________________
4)Senior Citizen files complaint he was ripped off by Wells Fargo V.P. Investments Maiocco!
Victim is paid $5,000.00 after complaining about the Medford City Council "President"

Monetary Compensation Amount:  $5,000.00

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.
 ______________________________________
5)Maiocco recuses himself from Brooks Estate vote, but fails to recuse himself for a vote for himself to be "president" of the Council

BROOKS ESTATE WEBSITE

Or, a list of individual City Councilors is found at www.medford.org/Pages/MedfordMA_Council/index. Please note that Councilors Camuso and Maiocco have been recused and will not be voting on this matter.
http://www.brooksestate.org/

Recused from the Brooks Estate vote, why would Maiocco NOT recuse himself for voting for himself to be "president" ???

In the vote, Maiocco, Camuso, Dello Russo and Rick Caraviello all nominated each other, then invoked the rule of necessity in order to cast votes for president. Each voted for Maiocco, along with Lungo-Koehn, while Marks and Penta refused to vote.
As the votes were being announced, Penta could be heard from his chair behind the rail.
"This is a joke," he said.

http://www.boston.com/yourtown/news/medford/2013/01/medford_council_re-appoints_le.html


Following his nomination, Maiocco personally apologized for the council's actions earlier in the week, and vowed to serve the best interest of the city.

Maiocco NEVER apologized to his victim.

MAIOCCO VOTES FOR HIMSELF
On Tuesday Councilor Michael Marks said he'd received an opinion from the state Ethics Commission that councilors who vote for themselves for president and vice president could have a conflict of interest.

This is because the president and vice president carry higher stipends than other councilors.


For his part, Penta did not believe the rule of necessity would override the conflict of interest issue.
Finn called for a vote. Marks and Penta voted "present" while the rest of the council voted for Maiocco, including Maiocco himself.

"This whole thing was a ploy to get around electing the person to this particular position," Penta said. "It's wrong, it's not good, it's not healthy for the city and it doesn't do justice to this Medford City Council."
After being sworn in by Finn, Maiocco said he was grateful to be a city councilor and looked forward to doing the best for the community "despite our differences."
Maiocco also apologized for what happened at Tuesday night's meeting.

http://medford.patch.com/articles/maiocco-dello-russo-elected-to-council-president-vp

Now, the Thirty Thousand Dollar Question - why would Maiocco recuse himself from the Brooks Estate vote and not recuse himself from voting for his own pay raise to 30K

The DEVIL IS IN THE DETAILS and the devil is Robert Alexander Maiocco, taking your money by bullying his way into the position, not duly elected! in the opinion of the residents paying these Councilors THREE TIMES  what Woburn pays its City Councilors.

_______________________________________ 

6)More Allegations of Wrongdoing by Maiocco
Docket/Case #: 10-03416
Date Notice/Process Served:  08/10/2010
Award to Customer Disposition Date:  02/14/2012
Monetary Compensation  Amount: $312,470.36
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.

Customer Disputes against Robert A Maiocco  ___________________________________
7)YET ANOTHER ALLEGATION OF FINANCIAL IMPROPRIETY BY MAIOCCO

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



______________________________________
8)Ethics Issues and Maiocco August 16, 2011
Maiocco argued he did not violate the ethics law by voting on the health insurance issue because the vote was not on a “particular matter” and there was no “particular interest.”

“It’s in the aggregate,” said Maiocco. “There isn’t any direct benefit. That’s a benefit that’s negotiated by the city and the unions.”
_______________________________
9)Allegation that Robert A. Maiocco VIOLATED Rule #43 when he didn't allow "ALL" citizens to utilize the council "for the dissemination" of public information

COUNCIL CHAMBERS
Rule 43.
The Medford City Council Chambers shall be open to all Medford citizens for the purposes of disseminating public information, holding of public meetings and
hearings, the holding of City Council and School Committee meetings when
called, and all festive activities relating to theworking of the City Government At
no time within the Council Chambers will banners, placards, hand held signs or
any other public display of advertising an issue before the City Council be
permitted.
  
http://medford.org/Pages/MedfordMA_Council/City%20Council%20Rules.pdf 

_____________________________________

Editorial:

Our letter to Council V.P. Fred Dello Russo will post here soon.


We are demanding that Council President Robert A. Maiocco recuse himself from the presidency and the council in light of the scandalous revelations found in the complaints, the allegations that Maiocco took advantage of an elderly client resulting in a $5,000.00 payout to the aggrieved party, Maiocco's victim.

_____________________________________

Monetary Compensation Amount:  $5,000.00

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.
______________________________________________________________
Why did Robert A. Maiocco settle if he did nothing wrong?
 _________________________________
Why did Robert A Maiocco allegedly not even tell his colleagues on the City Council that he had been called out on doubtful, mistrustful, suspicious choices that he, Maiocco, made as a financial adviser?
___________________________________  

Robert Alexander Maiocco's troubling behavior on the City Council itself, snapping at Councilor Michael Marks for the report to the State Ethics commission was not only immature, it was regrettably unprofessional and a spit in the face to the taxpayers who expect higher standards from elected officials.

____________________________________________ COUNCILOR MARKS ACCUSES MARK E. RUMLEY, CITY SOLICITOR OF BEING 'UNDERHANDED'

Marks accused Rumley of being "underhanded" by going to the Ethics Commission without being asked to do so by the council. Rumley said he questioned whether it was any more underhanded than Marks's decision to get an opinion from an Ethics Commission attorney, then announce it in "blindsided fashion" during a meeting where they were supposed to elect officers.

 http://www.boston.com/yourtown/news/medford/2013/01/medford_council_re-appoints_le.html

 

 

 

REMEMBER, we were tipped off to Robert A. Maiocco's suspicious business practices back around February 27th when a tipster said that Maiocco's clients were allegedly "fleeing" from him.

Does anyone think Robert A. Maiocco is going to be forthright

with the residents and tell us how many clients he has lost?

Robert A Maiocco's client list probably resembles the empty membership list of Medford Community Cablevision, Inc.

Frank Pilleri told the Medford Transcript "our members love us" after Pilleri scared everyone away until there were only a handful of suckers drinking Pilleri's poisonous Kool-Aid.

And you thought Ones and Zeros just digital information!

Ones and zeros, allegedly the membership of TV3 and Bob Maiocco's client list.

"It's time for a new president of TV3; things would be a lot better down there."  Robert A Maiocco

File Under: IT TAKES ONE TO KNOW ONE!  

 ________________________________________________

Wednesday, February 27, 2013


Has Financial Advisor Robert A. Maiocco lost you money or made you money?

hits as of 5:59 PM  2-27-13  78,766


Wells Fargo "financial advisor" as alleged "president" of the MEDFORD (Massachusetts) CITY COUNCIL


Medford residents deserve to have the tough
questions answered by Robert A. Maiocco
 ___________________________________________________________________

http://medfordinformationcentral.blogspot.com/2013/02/has-financial-advisor-robert-maiocco.html 

 

Read More

Wednesday, April 10, 2013

One Point 8 Million Dollar Complaint filed against City Council President Robert A. Maiocco of Medford

By  April 10, 2013  
Sixty Eight Hits since this story landed  2 hours or so ago!

The blog is exploding with activity on the impostor Robert Maiocco

Hey - Amanda McGlynn, Kathleen McGlynn Brady McGlynn and Jennifer McGlynn Belanger...have you thought of investing your money at Wells Fargo with Uncle Bob? 

ok, not a good idea...apologies! 
________________________________________________________________________
The Robert A. Maiocco Scandal is the biggest story in Medford today...bigger than the swastika story on Sunday!

Voters now realize how untrustworthy that charlatan Robert A. Maiocco of Wells Fargo truly is.   The temperamental City Councilor has a bad attitude and a hair-trigger temper.

Invest with Robert Maiocco at your own peril.  
____________________________________________________ 
WELLS FARGO EMPLOYEE
ROBERT A. MAIOCCO
HAD A 1.8 MILLION DOLLAR COMPLAINT FILED AGAINST HIM


Why is that individual masquerading as the fraud City Council President of Medford.


Maiocco is a weasel with no standing in the Medford community.


Maiocco is a pariah.   You put your money in his hands at your own peril.

Why should Medford be subjected to such a charlatan and impostor representing himself as an "upstanding community member" when Maiocco is allegedly nothing but a scam artist.

_________________________________
Just put "Cepas Brady" into Google to find out more about Uncle Bob's conduct

 EXHIBIT C  Real Estate Transactions
http://www.boston.com/yourtown/news/medford/2012/04/recent_real_estate_sales_in_to_88.html

________________________________

Taking another look at this real estate transaction by the family of Robert Maiocco and the family of Michael J. McGlynn, especially in light of the ethically-challenged election of the faux "City Council President."

________________________________

Isn't the house at 165 Woburn Street in pristine condition?  Most seniors are very proud of their property and keep it sparkling.


http://medfordinformationcentral.blogspot.com/2013/01/1-14-13-editorial-councilor-robert.html    



COPYRIGHT (C) 2013 INFORMATION CENTRAL   
All Rights Reserved

Information Central 

Your REAL EYE on Medford  tm

BREAKING NEWS
 

NEW ALLEGATIONS AGAINST ELECTED OFFICIAL!

What elected official was allegedly seen leaving the house at 165 Woburn Street, allegedly followed by a "strange woman" a few moments later?

It is alleged an elected official is actually living at the 165 Woburn Street palace, not at the residence on the City website.  

 

If you snap some photos of that individual and the "strange woman" and his car parked there, e mail them.  We'll post them!

Read More

RAM - FA

By  April 10, 2013  
RAM-FA!

The new name for Uncle Fraud Maiocco!

RAM - his initials
That's what he allegedly does to his clients.
He rams them!

FA, Financial Advisor or Fraud Advice

FA-RAM  or Ram-FA, the new nickname for the fraud formerly known as UNCLE BOB


Robert Maiocco is no damn good.

Robert Maiocco is not good for the city of Medford.

Throw that bum OUT!
Read More

Medford City Council President Robert A. Maiocco / Press Release / SEC Complaints

By  April 10, 2013  
More Breaking News
Paul A. Camuso allegedly loses backing of much needed union; union is allegedly backing a third candidate to enter the race for City Council of Medford

Paul A. Camuso's juvenile antics and failure to stay seated at Council meetings could be a thing of the past come this November.

The entire McGlynn regime is embattled as this publication has uncovered serious complaints against McGlynn's right hand, Councilor Robert Alexander Maiocco.

Maiocco was seated to McGlynn's right while Mark E. Rumley was seated to McGlynn's left at the State of the City address.
That picture is worth a thousand words - starting with CRONIES!  
_____________________________________________  

87,298 hits!  7:48 AM
6,563 hits in the past 30 days
366 hits in the past 24-36 hours!
PEOPLE ARE READING THIS IMPORTANT INFORMATION! 
______________________________________________________________________
FOR IMMEDIATE RELEASE:

The Medford Transcript failed to report on Council President Robert A. Maiocco facing a complaint filed against him on August 10, 2010.   The complaint was for compensatory damages of 1.8 million dollars and was settled on February 14, 2012 for $312,470.36 

This was critical information on Election 2011 that you and your newspaper dropped the ball on.    Docket/Case #: 10-03416 *1 (see below)
COPYRIGHT (C) 2013 INFORMATION CENTRAL   
All Rights Reserved

Information Central 

Your REAL EYE on Medford  tm


Customer Disputes against Robert A Maiocco


The Medford Transcript also failed to go on a breaking news story posted October 25, 2011 - right before the election - which would have done serious damage to the editor, Nell Coakley's good, good friend Mayor Michael J. McGlynn. *2(see below)

Maiocco, who failed his Series 63 (NASAA) Financial exam on December 17, 1982, was also the recipient of a complaint filed on May 21, 2007.  A 73 year old Oregon resident claimed / alleged "THAT FA (Financial Advisor) 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."

Why is that individual on the City Council of Medford?  Because the newspaper did not splash this critical information on the front page of the Medford Transcript, that's why.

The senior citizen filed for $9,903.00 and was awarded $5,000.00 on 11/6/2007, NASDR CASE NO. 07-01502

Yet ANOTHER individual filed a complaint on Maiocco  07/30/2002 Closed/No Action on 08/27/2010
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

So Maiocco had a complaint filed on him in July of 2002 and closed eight years later, but right before the case was disposed of was the huge 1.8 million dollar case of August 10.
Seventeen days before the eight year old case closed a new case was filed resulting in over $300,000.00.

The arrogant City Council president engaged in blatant censorship on April 9, 2013 when a resident was speaking out against the hate crimes in the city and putting the blame directly on elected officials who turn a blind eye to the hate at a local non-profit which City Solicitor Mark E. Rumley smirks about saying they are "equal opportunity slappers."  So when you see hate speech, graffiti and people getting beat up at City Hall (April 27, 2010) and then you read these chilling documented facts on the president of the Council, an individual who bullied his way into the presidency...who, in this writer's opinion, didn't truly earn it on merit, then you wonder why the residents of Medford have an alleged 36 year incumbent councilor in Robert A Maiocco, an individual who simply cannot be trusted on the Medford City Council.

There will be at least three new candidates for City Council in the city of Medford, and it is about time the Medford Transcript started reporting on Robert A. Maiocco, Michael J. McGlynn and other long-in-the-tooth elected officials.  The temperament displayed by Robert Alexander Maiocco on April 9th was that of a school bully, not a respected member of the community.  And now you know why: the press gives Maiocco a pass on his alleged wrongful conduct.

It is time for the citizens of Medford to file complaint after complaint until Robert Maiocco and his nephew-by-marriage, Paul A. Camuso, are removed from the City Council of Medford.  The buffoonery has gone on long enough and the residents pay the two of them approximately $57,000.00 between them (30K for Maiocco, 27K for the employee who worked under the crooked sheriff, James DiPaola - Paul A. Camuso).


*1 INFORMATION CENTRAL STORY ON MAIOCCO
http://medfordinformationcentral.blogspot.com/2013/04/2-sec-securities-and-exchange.html



*2  Fox 25 scoops Nell Coakley and the Medford Transcript ...a Boston station scoops a local newspaper on a local story!  Unbelievable.  Or was it intentional?  Based on information and belief the editor of the Medford Transcript intentionally holds stories back to protect her friends at City Hall.  Shameful.  Bad reporting by an editor who has been in way too long and does much damage to the city of Medford.

FOX 25 scooped the Medford Transcript on both the Medford Housing Authority and the Sheriff's Office, where Councilor Maiocco's nephew,Paul A. Camuso, a Medford City Councilor, works. (Side note: wasn't Sheriff Koutoujian going to remove all the cronies of the Jimmy DiPaola regime? The investigation on Camuso's conduct is for another day.)
http://www.myfoxboston.com/story/17771200/secret-grand-jury-meeting-about-middlesex-sheriffs-office

FOX Undercover has also learned the investigation is reaching the Medford Housing Authority, whose offices were raided last month by state police troopers assigned to Coakley’s office.



Warm Regards, 

 The Leader of the Opposition
_______________________________________________

FA MAIOCCO

Does the FA really stand for "Financial Advisor" or something else?

Fraud Asinine? 

When it comes to FA, Bob Maiocco takes the cake...quite literally, he takes your cake that...oh...do the simple math.
Read More

2 SEC (Securities and Exchange Commission) DISPUTES on Robert A. Maiocco, Medford City Council's President

By  April 10, 2013  
Securities and Exchange Commission has two complaints on Robert A Maiocco.  One claim was originally for 1.8 Million Dollars!

http://www.sec.gov/

1) 11/06/2007  $5,000.00
__________________________________

2)February 14, 2012  Happy Valentines Day
Amount: $312,470.36  
Complaint was filed in 2010
________________________________

3)On December 17, 1982  Robert A. Maiocco FAILED  his Series 63 (NASAA) Financial exam.


 ____________________________________
WHY DID THE PRESS NOT INVESTIGATE THE COMPLAINT ON MAIOCCO BEFORE THE 2011 ELECTION?
___________________________________

THE 2013 ELECTION WILL NOTE THAT A YEAR AGO MAIOCCO HAD TO PAY OUT OVER THREE HUNDRED GRAND!
 


Another agency has three complaints!

Alleged Damages:  $9,903.00
Date Complaint Received:  05/21/2007
Disposition Date:  11/06/2007
Monetary Compensation Amount:  $5,000.00

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.
_____________________________________________________
Docket/Case #: 10-03416
Date Notice/Process Served:  08/10/2010
Award to Customer Disposition Date:  02/14/2012
Monetary Compensation  Amount: $312,470.36
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.

Customer Disputes against Robert A Maiocco

Experience and Employment History

Employer Years Dates
Wells Fargo Advisors, LLC (19616) 3 years, 11 months May 2009 - Present
Wachovia Securities, LLC 5 years, 10 months Jul 2003 - May 2009
Wachovia Securities, LLC < 1 month Jul 2003 - Jul 2003
#Ia Prudential Securities Incorporated 28 years, 11 months Aug 1974 - Jul 2003
Prudential Securities Inc, 28 years, 11 months Aug 1974 - Jul 2003

Customer Disputes against Robert A Maiocco

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 is subject to SEC and FINRA oversight.


MAIOCCO FAILED FINANCIAL EXAM

http://medfordinformationcentral.blogspot.com/2013/03/city-council-president-failed-financial.html  

 On December 17, 1982  Robert A. Maiocco FAILED  his $96.00 Series 63 (NASAA) Financial exam.

_________________________________

Series 63 (NASAA) Financial Exam

 Exam Details

Exam Code Series 63 (NASAA)
Exam Uniform Securities Agent State Law Examination
Number of Questions 60 Multiple Choice
Testing Time 1 hour and 15 minutes
Required For Qualifies an individual as a securities agent and allows them to become a limited registered representative that is able to solicit orders for corporate debt and equity securities. Some of these debt and equity securities include bonds, warrants, preferred and common stock.
Read More

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

By  April 10, 2013  
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
 

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

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Tuesday, April 9, 2013

Bully Robert A. Maiocco

By  April 09, 2013  
Anti-social Robert Alexander Maiocco's depraved indifference could get us Medford residents hurt.

Robert Maiocco is a sick, sick individual

Look at what Bullying does:

Rehtaeh Parsons could not escape the memories of that night in 2011, a few weeks before her 16th birthday.

She tried therapy, she switched schools, she moved to another community. But Rehtaeh, who died Sunday after attempting suicide last week, was made to remember until the end – persistently tormented after a disturbing photograph of her was circulated among her high-school classmates in a suburb of Halifax.

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http://www.theglobeandmail.com/news/national/bullying-blamed-in-death-of-nova-scotia-teen/article10940600/
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