Robert Genito was under investigation by FINRA following allegations that he participated in an outside business activity without the approval of his firm.
The Sonn Law Group is investigating allegations that Robert Genito committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Robert Frederick Genito (CRD#: 4760338) consented to the sanctions and to the entry of findings stating that he refused to appear for a FINRA on-the-record testimony requested when it began an investigation after it received a Form U5 filed by his member firm.
The findings stated that the Form U5 indicated that the firm terminated Genito’s registration because it discovered that he was involved in an undisclosed outside business activity or private securities transactions.
Genito was terminated from PFS Investments in December 2018, citing allegations that Genito was involved in undisclosed business activity. Genito had been employed by PFS for the entirety of his career in the financial industry, beginning in 2004.
Genito was also the subject of a customer dispute in 2009. The client alleged that the variable annuity investment Genito recommended was unsuitable. The matter was settled for $15,000.
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The Sonn Law Group is currently investigating allegations of misconduct. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.