U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave 
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push 
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions 
OpenAI Addresses Security Vulnerability in macOS App Certification Process 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20 
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58% 
NEW YORK, Aug. 21, 2017 -- The law firm of Gana LLP has filed one of the first complaints against The Investment Center for theft claims related to its former broker, Leon Vaccarelli. According to the statement of claim filed with FINRA, Mr. Vaccarelli stole approximately $80,000 from an investor. According to sources that have asked to not be named, the FBI is investigating Mr. Vaccarelli’s conduct and have determined that he may have stolen up to $1 million from investors.
On July 19, 2017, Mr. Vaccarelli was terminated from his employment with the Investment Center. Mr. Vaccarelli has had a checkered regulatory history. For example, on November 24, 2015, FINRA suspended Mr. Vaccarelli from selling securities for one month and fined him for exercising discretion in customer accounts without permission. Specifically, FINRA alleged that between 2011 through 2015 Mr. Vaccarelli exercised discretion in four customers’ accounts. FINRA found that Mr. Vaccarelli exercised discretion even though he did not have written authorization from the customers to place discretionary trades. In addition, Mr. Vaccarelli’s brokerage firm had not approved and accepted the accounts as discretionary. FINRA also found that on four annual compliance questionnaires between 2011 and 2014, Vaccarelli falsely certified that he did not handle any customer accounts on a discretionary basis.
“Mr. Vaccarelli’s actions were outrageous,” said Adam Gana, managing partner of Gana LLP. “We fight everyday for our clients, Mr. Vaccarelli’s actions were inappropriate and we are seeking to recoup money from his former employer. This shouldn’t happen to anyone.”
The attorneys at Gana LLP have represented hundreds of individual and institutions that have been the victim of financial fraud in arbitrations and in court seeking to recover losses. Gana LLP is a nationally recognized law firm for investor protection.
If you were an investor with Leon Vaccarelli and suspect your money was stolen and want a free consultation with an attorney please contact Adam Gana at (212) 776-4251 or by e-mail at [email protected]. You may also visit the firm’s website at www.ganalawfirm.com.
Adam J. Gana Gana LLP 345 Seventh Avenue, 21st Floor New York, NY 10001 (212) 776-4251 [email protected]
