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

If you have any information about Scott Jay Matalon that you would like to share or discuss, please call our firm for a confidential consultation. 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.