Israels & Neuman, PLC Investigates Joseph Gileno, of National Securities Corp.
Have you lost money with financial advisor Joseph A. Gileno of National Securities Corp. in Mahopac, New York? We are investigating allegations of former customers related to Joseph Gileno. It has been alleged that Joseph Gileno solicited investors to invest in GPB Capital. GPB Capital has lost significant value, and GPB has also been the subject of regulatory investigations.
Joseph Gileno was a registered representative of National Securities Corp. from January 2011 to April 2019. He has worked at branch offices in Mahopac, New York. He is now affiliated with Sovereign Global Advisors.
Brokerage firms like National Securities Corp. have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against National Securities Corp.