• July 31, 2023
• Financial Industry Regulatory Authority

Eric Tartaglione (CRD#: 2722931) is a previously registered Broker.

Broker’s Background

He entered the securities industry in 1996 and previously worked for Investment Network, Inc.; EDI Financial, Inc.; Colorado Financial Service Corporation; Brookstone Securities, Inc.; Empire Financial Group, Inc.; Jesup & Lamont Securities Corp.; American Investment Services, Inc.; J.W. Barclay & Co., Inc.; Toluca Pacific Securities Corp.; and Joseph Stevens & Company, L.P.

Current And Past Allegations Of Conduct Leading To Investment Loss

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in July 2023, FINRA sanctioned Eric Tartaglione, permanently barring him from all capacities, indefinitely, beginning July 21, 2023. The FINRA sanction states, “Without admitting or denying the findings, Tartaglione consented to the sanction and to the entry of findings that he refused to provide on-the-record testimony requested by FINRA in connection with its investigation into the sales of pre-IPO private placement offerings.”

For a copy of the FINRA sanction, click here.

Eric Tartaglione has no additional disciplinary history.

For a copy of Eric Tartaglione’s FINRA BrokerCheck, click here.

We Help Investors Recover Investment Losses

Alternative investments are not regulated by the U.S. Securities and Exchange Commission (SEC), and are often subject to fraud and other schemes. Examples include commodities, hedge funds, real estate, derivatives contracts, private equity, managed futures, and venture capital. They are not typically regulated by the SEC, nor are they usually liquid or easy to value, which makes them risky investments. In addition, alternative investments are often open only to accredited investors with an income of $200,000 or more or a net worth in excess of $1M; they also require high up-front minimums. When these opportunities are opened to non-accredited investors, it may be because of unsuitability, fraud, selling away or misrepresentation, and the investor may incur losses.

Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the financial advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at (800) 931-8452 or by email at mwolper@wolperlawfirm.com.