I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. I use this blog to bring attention to regulatory filings involving financial advisors, current events in securities and cases in the financial services industry, and to help investors understand their rights and options for financial recovery. Questions? Contact me online or call anytime at 844-689-5754

James Parascandola, Broker with Pruco Securities, Named in Customer Dispute Alleging Excessive Trading

Jeffrey Sonn
Sep 30, 2022
Posted in Broker / Advisor Investigations
#James Parascandola

INVESTORS: Pruco Securities broker James Parascandola was named in a customer dispute alleging excessive trading in a client’s account.

James Parascandola (CRD: 2866028) is registered as a broker with Pruco Securities, where he’s been employed since May 2022. Parascandola was previously registered as a broker with Equitable Advisors from 2020 until 2022.

Parascandola has one disclosure on his BrokerCheck report.

June 2022 Customer Dispute

Status: Pending

Allegations: Client alleges their portfolio was unsuitable, and the RR excessively traded within their brokerage account in 2021.

The Sonn Law Group is currently investigating allegations surrounding James Parascandola. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.