Lose money after investing in a GPB Capital Holdings Fund? take action
We can help recover your investment loss. Free consultations, always. CONTACT US

Former First Allied Securities Broker, Shlomo Strugano, Barred By FINRA For Failing To Cooperate In FINRA Investigation Into Allegagations That He Forged Or Falsified Customer Signatures

Shlomo Strugano (CRD # 3108780) was a former Financial Advisor at First Allied Securities, Inc. in Reseda, CA.  Shlomo Strugano has been in the securities industry since 1999 and previously worked at Kovack Securities, Western International Securities, Essex National Securities, Citigroup Global Markets, Linsco/Private Ledger Corp., Essex National Securities, Inc. and WM Financial Services, Inc.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on January 6, 2020, FINRA sanctioned Shlomo Strugano, barring him from the securities industry, for failing to cooperate in FINRA’s investigation regarding allegations into whether he forged and/or falsified customers signatures and initials on account documents.

For a copy of Shlomo Strugano’s FINRA sanction, click https://www.finra.org/sites/default/files/fda_documents/2018060982602%20Shlomo%20Strugano%20CRD%203108780%20AWC%20va.pdf.

In addition, Shlomo Strugano has been the subject of five customer complaints, including the following:

  • September 2019 – “Client’s daughter alleges that Representative recommended several unsuitable investments and may have forged client signature on account documents.” That matter is currently pending.
  • March 2019 – “Client’s niece alleges unauthorized transactions and poor performance in her aunt’s accounts.” That matter is currently pending.
  • January 2019 – “Client alleges forgery and omission in 2016.” The matter settled for $51,000.

For a copy of Shlomo Strugano’s CRD, click https://brokercheck.finra.org/individual/summary/3108780#disclosuresSection.

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.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.

or call 800.931.8452
Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: 800.931.8452

Additional Office Locations (by appointment only)

3355 Lenox Road
Suite 7
Atlanta, GA 30326


13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016


3102 Maple Ave.
Suite 400
Dallas, TX 75201


5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220


7900 E. Union Ave.
Suite 1100
Denver, CO 80237


1700 Park Street
Suite 103
Naperville, IL 60563


1001 Fourth Ave.
Seattle, WA 98154