Scott Jay Matalon, Formerly of RBC Capital Markets, Named in Customer Dispute Alleging Negligence

INVESTORS: Former RBC Capital Markets broker Scott Jay Matalon was named in a customer dispute alleging negligence, misrepresentation, and failure to supervise.

Scott Jay Matalon (CRD#: 4637378) was registered as a broker with RBC Capital Markets from 2019 until 2021. Previously, Matalon was registered as a broker with Ameriprise Financial Services from 2013 until 2019.

Matalon has two disclosures on his BrokerCheck report.

July 2022 Customer Dispute

Status: Pending

Allegations: Claimant alleges Respondent allowed his son to make withdrawals from accounts and cash out an insurance policy despite his advisor being aware of his son’s mental illness. Claimant alleges negligence; misrepresentation, and failure to supervise.

Damage Amount Requested: $1,700,000.00

July 2021 Criminal Judgment

Status: Pending Charge

Charges: Kidnap-Inflict Bodily Harm False Imprisonment – adult Domestic Battery by Strangulation Touch or Strike Battery/D


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