Close Menu
Free Consultation: 888-976-6111

Jay Ruggiere: NYC Advisor Received REIT Complaint

Alexander Capital financial advisor Jay Ruggiere (CRD# 2548108) has received an investor complaint alleging he committed fraud. Financial Industry Regulatory Authority records show that he is a broker based in New York City.

Mr. Ruggiere’s BrokerCheck report discloses one investor complaint. Filed in July 2020, the complaint alleged that in 2015, he engaged in fraudulent misrepresentation by selling the customer a real estate investment trust (REIT) product which “he was not allowed to sell.” The complaint alleged damages of $165,725.75 and was eventually denied by his member firm, Alexander Capital. In a statement about the REIT complaint, Mr. Ruggiere asserted that the complaint was meritless, writing: “Customer is dissatisfied with the performance of a product that Broker did not sell him.”

When a complaint is denied by the firm that receives it, for reference, this denial does not necessarily mean the complaint was groundless. Investors can still pursue recovery through other actions, like FINRA arbitration claims.

According to the Financial Industry Regulatory Authority, Jay Ruggiere holds 16 years of securities industry experience. Based in New York City, he has been a broker with Alexander Capital since 2008. He was previously registered with Trident Partners in Hauppage, New York from 2006 until 2008. His credentials include the passage of three securities industry examinations: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. His other business activities include his involvement in Ruggiere Agencies, Ruggiere Ventures, Ruggiere Consulting, and Haven Wealth Management. He is licensed in New York and New Hampshire. (Information current as of August 10, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Christie Caliva: Commonwealth Advisor Faces Franklin Square Complaint

    San Diego financial advisor Christie Caliva (CRD# 5527773) is involved in an investor complaint stemming from an investment in Franklin...

    Read More
  • Glenn Guilbault Jr.: Nola Wealth Advisor Faces Investor Complaint

    A recent investor complaint against Metairie, Louisiana financial advisor Glenn Guilbault Jr. (CRD# 4309287) alleges that his conduct resulted in...

    Read More
  • Stan Smith: $250K Complaint Against Wells Fargo Advisor

    Burlington, North Carolina (CRD# 1317559) allegedly provided unsuitable investment advice to a client, according to a recent investor complaint. Records...

    Read More
  • Mark Ferrer: Did Nola Wealth Advisor Recommend Unsuitable Product?

    Metairie, Louisiana financial advisor Mark Ferrer (CRD# 4309287) recently received an investor complaint alleging his investment advice resulted in damages....

    Read More
  • Previous
  • Next