Mid Atlantic Capital Corporation – Investor Alert – UPDATED
UPDATE 12/16/16: Two retirement age investors have won an award of $922,500 against Mid Atlantic Capital Corporation in an arbitration dispute against the firm relating to sales of non-traded REITs and other investments. The claimants had investments in a Sonoma Ridge Partners private placement and KBS Real Estate Investment Trusts, and held securities in Contango Oil and Gas, iShares Silver, and Market Vectors Gold Miners.
Galvin Legal is launching an investigation on behalf of investors who may have suffered losses investing with Mid Atlantic Capital Corporation. If you suffered losses investing with Mid Atlantic Capital Corporation, then Galvin Legal may be able to help you recover your losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.
Mid Atlantic Capital Corporation (CRD# 10674) (SEC# 27663)
As of December 16, 2016, Mid Atlantic Capital Corporation’s FINRA BrokerCheck Report contains the following:
5 Regulatory Event Disclosures
0 Civil Event Disclosures
1 Arbitration Disclosures
0 Bond Disclosures
Main Office Location
1251 WATERFRONT PLACE
SUITE 510
PITTSBURGH, PA 15222-6368 UNITED STATES
Mailing Address
1251 WATERFRONT PLACE
SUITE 510
PITTSBURGH, PA 15222-6368 UNITED STATES
Business Telephone Number
412-391-7077
Direct Owners and Executive Officers
MID ATLANTIC CAPITAL GROUP, INC.
SHAREHOLDER
BANCO, JOSEPH FRANKLIN JR (CRD#:2850198)
CHIEF FINANCIAL OFFICER
BROWN, TIMOTHY LEE (CRD#:1979354)
CHIEF COMPLIANCE OFFICER/EXEC VP
DEVINE, JEANINE COLDITZ (CRD#:1295146)
VICE PRESIDENT
DOWN, DAVID JOHN (CRD#:1901538)
PRESIDENT
FONG, SARAH F (CRD#:2937709)
VICE PRESIDENT
FINRA requires brokerage firms to conduct due diligence on investments and to conduct a suitability analysis when recommending securities to a customer that takes into account the customer’s knowledge and experience. Brokerage firms that fail to conduct adequate due diligence or that make unsuitable recommendations can be held responsible for the customer’s losses in a FINRA arbitration claim.
If you suffered losses investing with Mid Atlantic Capital Corporation and would like a free consultation with a securities attorney, then please call Galvin Legal at 1-800-405-5117.
Galvin Legal is a national securities arbitration, mediation, fraud, and investor protection law practice. For more information on Galvin Legal, please visit www.galvinlegal.com or call 1-800-405-5117.
