David Volpe, Formerly of First Financial Equity Corporation and LPL Financial, Barred by FINRA for Alleged Unauthorized Securities Sales

David Volpe consented to sanctions by FINRA in August 2019 resulting in a bar from the industry.

The Sonn Law Group is investigating allegations that David Volpe engaged in misconduct. Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct or negligence and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.

David Volpe (CRD#:2543478) was accused by FINRA of engaging in private securities transactions and borrowing customer funds without approval of his firm. Volpe consented to sanctions and the entry of FINRA findings when he failed to produce information and documents requested by FINRA in connection with their investigation into whether he engaged in the alleged conduct.

In April 2019, Volpe was discharged by First Financial after Volpe failed to notify the firm of private securities transaction involvement and violated firm policy regarding borrowing funds from a client.

Volpe was terminated from LPL Financial in December 2018 after violating the firm’s private securities transaction policy for involvement in capital-raising efforts without prior disclosure.

Volpe has been associated with two other firms over the course of his 23 year career. AIG Financial Advisors from 2005 through 2008 and SunAmerica Securities from 1996 to 2005.

Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional committed acts in violation of FINRA Rules, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim.