FINRA has barred stockbroker Lisa Marie Stevenson (Lisa Marie Gastaldo) from the securities industry. FINRA expelled Ms. Stevenson from the brokerage industry because she refused to provide information and documents connected with FINRA’s investigation into the circumstances given rise to her termination from The Huntington Investment Company in December 2020.
Ms. Stevenson was a financial advisor at The Huntington Investment Company in New Albany, Ohio, from March 2016 until her employment was terminated in December 2020. The Huntington Investment Company fired Ms. Stevenson after she admitted that she received, among other things, a $100,000 gift from a customer in contravention of firm policy and FINRA rules.
If you have suffered financial losses investing with Lisa Stevenson or suspect that Ms. Stevenson did not have your best interest in mind when recommending investments or account transactions, contact New York securities arbitration law firm Iorio Altamirano LLP for a free and confidential review of your account .
Iorio Altamirano LLP represents investors that have disputes with their financial advisors or brokerage firms, such as The Huntington Investment Company.
FINRA Letter of Acceptance, Waiver, and Consent No. 2020068942001
Lisa Stevenson and FINRA entered into a Letter of Acceptance, Waiver, and Consent (“AWC”) on February 2, 2021, after Ms. Stevenson refused to provide information and documents in connection with FINRA’s investigation into the circumstances given rise to her termination from The Huntington Investment Company in December 2020.
On December 23, 2020, in connection with FINRA’s investigation, FINRA sent a request to Ms. Stevenson to produce information and documents pursuant to FINRA Rule 8210. Ms. Stevenson reportedly stated in an email dated January 12, 2021, that she would not provide the requested information or documents at any time.
By refusing to provide the information or documents, Ms. Stevenson violated FINRA Rules 8210 and 2010.
Accordingly, FINRA barred her from associating with any broker-dealer in any capacity.
The Huntington Investment Company – Supervisory Duties
Brokerage firms like The Huntington Investment Company must properly supervise financial advisors and customer accounts. Brokerage firms must also establish and maintain a reasonably designed system to oversee account activity to ensure compliance with securities laws and industry regulations. When a brokerage firm fails to sufficiently supervise their financial advisors or the investment account activity, they may be liable for investment losses sustained by customers.
How to Recover Financial Losses or Obtain a Free Consultation
Securities arbitration is a unique and complex practice area. Investors should seek out experienced counsel who understands the FINRA forum and can navigate the arbitration process to effectively advocate on their behalf.
If you or a loved one were a customer of Lisa Marie Stevenson (Lisa Marie Gastaldo) and either sustained financial losses or suspect inappropriate activity in your investment or retirement accounts, contact New York securities arbitration attorney August Iorio of Iorio Altamirano LLP. August Iorio can be reached at august@ia-law.com or toll-free at (855) 430-4010 for a free and confidential evaluation of your account.
Iorio Altamirano LLP is a securities arbitration law firm based in New York, NY. Iorio Altamirano LLP pursues FINRA arbitration claims nationwide on behalf of investors to recover financial losses arising out of wrongful conduct by stockbrokers and brokerage firms.