Thomas Povinelli (CRD#1326492) and ROYAL ALLIANCE ASSOCIATES, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Thomas Povinelli (CRD#1326492) regarding allegations made regarding the following:

Claim(s) Made Against Thomas Povinelli:

Claim Date: 3/10/2020

“Unsuitable recommendations in high-risk investments is alleged.”

This claim, as of this posting, is currently Settled with a claim amount of $50,000.00 .

The investor was paid $35,000.00 by the brokers’ firm.

See more information on FINRA’s BrokerCheck site for Thomas Povinelli.

Were you a customer of Thomas Povinelli?

If you were a client of Thomas Povinelli and ROYAL ALLIANCE ASSOCIATES, INC. from OLD GREENWICH, CT, and experienced any issues or problems, the Securities Lawyers at Halling & Cayo, S.C. are interested in discussing the possibility of a claim with you. Brokerage firms have the responsibility to oversee all representatives who are registered with their firm, including Thomas Povinelli, and must ensure that they adhere to all securities rules, regulations, and internal policies. If a brokerage firm fails to do so, it may be held responsible for investment losses sustained by customers due to a lack of supervision.

The Securities Lawyers are researching bringing claims on behalf of individual(s) and/or a group of investors for recovery of their funds. Most customers will have signed a FINRA arbitration agreement to resolve disputes, including claims for reimbursement of these types of investment losses. As the SEC reminds investors, it can be important to find an attorney that “specializes in resolving securities complaints.” If you were a customer of Thomas Povinelli and ROYAL ALLIANCE ASSOCIATES, INC. and suffered investment losses, please contact the Securities Lawyers. We only get paid if we recover your money. Your claim may be subject to a time limit or statute of limitations, so contact an attorney right away.


Contact The Securities Lawyers

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Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.