If you have invested with Joseph R. Gallardo,of Bartonsville, PA, you may be able to recover your losses through FINRA arbitration or securities litigation.
According to FINRA reports, Joseph Gallardo has been named in arbitration proceedings relating to his sale of the Blue Meadows Group LLC, which is believed to have been a personal real estate venture. Upon information and belief, this investment in Blue Meadows Group allegedly guaranteed attractive rates of return, but was not a security registered with Pennsylvania or New Jersey. Upon information and belief, instead of using the Blue Meadow Group investor funds as promised, Joseph Gallardo used the investors monies were used to make purchases at a gas station convenience store and to fund Joseph Gallardo's on-line day trading account which lost a substantial amount of money.
Brokerage firms like the one that Joseph Gallardo was registered with have a regulatory duty to strictly supervise stockbrokers like Joseph Gallardo to ensure that they follow FINRA rules and only sell securities approved by the firm. In cases where a stockbroker sells securities not-approved by the firm, the brokerage firm itself may be held liable for “selling away” if investors suffer losses in unapproved investments. As a result, investors who lost money with Joseph Gallardo may be able to recover their investment losses against the brokerage firm Joseph Gallardo was registered with through FINRA arbitration..
If you have ever lost money investing with Joseph Gallardo or Blue Meadow Group LLC as a result of churning, or excessive trading, you may be able to recover your losses through FINRA arbitration or securities litigation. Please call Kons Law Firm at (860) 920-5181 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.
Kons Law Firm represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentfraudattorneys.com.
