Vincent Camarda of IBN Financial Services Investigated After FINRA Suspension

Financial Advisor Lost My Money

Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has formally opened an investigation into financial advisor Vincent Camarda (CRD #2463703, New York), most recently registered with IBN Financial Services, Inc. If you invested with Vincent Camarda or IBN Financial Services and are concerned about possible losses or misconduct, we urge you to read this report carefully. You may have significant rights—and we may be able to help you recover funds lost through improper or fraudulent activities.

With a 98% success rate across hundreds of investor claims, over $520 million in securities matters handled, and 95+ years of combined securities law experience, our attorneys bring deep “insider knowledge” as former Wall Street defense lawyers. We represent investors nationwide on a no recovery, no fee basis and are recognized among the top 2% of attorneys (Martindale-Hubbell AV Preeminent, Super Lawyers) with 5.0-star client reviews.

Current Status: FINRA Suspension & Ongoing Regulatory Actions

Our investigation began after reviewing the FINRA BrokerCheck report for Mr. Camarda, reflecting serious regulatory red flags and an extensive disclosure history. We summarize the key issues and events below to help you evaluate your potential recovery claims:

Category Event Info
Registration Status Not currently registered; suspended by FINRA as of July 2026.
Broker-Dealer Affiliation Most recently with IBN Financial Services, Inc. (resigned June 2022); previously with Traderfield Securities Inc. and American Portfolios Financial Services, Inc.
Regulatory Disclosures Six regulatory events, including two indefinite FINRA suspensions in 2026.
Civil Actions Two pending SEC civil cases, including allegations involving $138 million raised from 431 investors and $75 million from 200 investors in high-risk, unregistered offerings.
Customer Complaints 33 customer dispute disclosures, many alleging unsuitable recommendations, misstatements, breach of fiduciary duty, and high-dollar investor losses. Two recent examples seek $500,000 and $1 million in damages.
Employment Separation Resigned from IBN Financial Services, Inc. after allegations of selling unregistered Par Funding securities tied to a fraudulent scheme.

Regulatory Red Flags: A Detailed Timeline

  • May 26, 2026: FINRA suspended Vincent Camarda indefinitely for allegedly failing to comply with an arbitration award or settlement and for withholding compliance information. This is a serious issue under FINRA Rule 9554, which requires associated persons to honor awards and respond to regulatory requests.
  • March 25, 2026: A prior joint FINRA suspension was entered for similar alleged failures related to arbitration awards and non-response to FINRA inquiries.
  • June 17, 2022: IBN Financial Services, Inc. permitted Camarda to resign amid allegations that he sold securities in the unregistered Par Funding offering. The SEC had charged Par Funding and related entities with operating a fraudulent scheme.

SEC Civil Complaints: Alleged Investor Harm

  • April 3, 2026: The SEC filed civil charges alleging that Camarda and other defendants raised $138 million from 431 investors, misrepresenting the investments as “safe” and failing to disclose material risks and conflicts. According to the complaint, at least $123 million in principal was lost, and Camarda allegedly misappropriated $1 million.
  • June 9, 2022: The SEC filed a related civil action against Camarda and others alleging the sale of more than $75 million in unregistered Par Funding notes to over 200 investors. The complaint alleges undisclosed conflicts, including $750,000 owed to Par Funding and more than $7 million in compensation from note sales.

Customer Disputes: Claims for Recovery

Vincent Camarda’s record reflects 33 customer complaint disclosures. Recent examples from early 2026 include:

  • Case 25-02380 (Feb. 19, 2026): The customer alleges unsuitable recommendations, negligence, and material misstatements from March 2021 through June 2022. Claimed losses: $500,000.
  • Case 25-02440 (Feb. 19, 2026): Another customer alleges breach of fiduciary duty, improper recommendations, including promissory notes, and negligence during the same timeframe. Claimed losses: $1 million.
  • 31 additional customer disputes appear on record, with allegations ranging from unsuitable investments to gross negligence and omissions of material fact.

Why This Record Matters to Investors

The extensive pattern of regulatory actions, civil lawsuits, and customer complaints disclosed on the BrokerCheck report raises serious concerns. When an advisor is suspended for failing to pay arbitration awards under FINRA Rule 9554—or is accused in SEC litigation of misappropriation, solicitation of unregistered offerings, undisclosed conflicts of interest, or failure to respond to regulators—investors may face significant risks to their funds and added difficulty recovering losses.

These allegations may also implicate industry standards, including Regulation Best Interest (Reg BI), which requires brokers and advisors to act in clients’ best interests, disclose conflicts, and ensure recommendations are suitable. Where these standards are violated, investors may be entitled to pursue recovery of principal losses and other damages through FINRA arbitration or court action.

Your Recovery Options: How Our Firm Can Help

If you worked with Vincent Camarda in New York or through IBN Financial Services, Inc., or any associated firms, and you have concerns about your investments, you may be entitled to recover losses. Our background as former Wall Street defense counsel gives us the insider knowledge and advocacy needed to pursue claims against high-risk brokers and potentially negligent firms.

  • Assessment: We review account statements, correspondence, and compliance history to develop a targeted recovery strategy.
  • FINRA Arbitration: Our attorneys often pursue claims through the FINRA arbitration process. We work on a no recovery, no fee basis.
  • Litigation: In particularly serious matters, we can represent investors in court or coordinate with ongoing regulatory proceedings where appropriate.
  • Personal Service: Our team emphasizes responsive communication and client-focused representation throughout the recovery process.

What To Do Next

Your options may be time-limited under applicable law and FINRA rules. If you believe you were affected by Vincent Camarda or IBN Financial Services, Inc., do not delay in seeking legal guidance. Haselkorn & Thibaut is available to help you understand your rights and evaluate possible avenues for recovery.

  • Schedule your free, confidential consultation now at 1-888-885-7162.
  • Gather any documents or communications related to your investments, including statements, emails, text messages, or agreements.
  • Our attorneys can provide a prompt review and outline potential next steps for possible recovery.

To review the latest public record for Vincent Camarda, consult the official BrokerCheck page. If your funds or retirement savings were placed at risk, our team may be able to help you pursue recovery.

Disclaimer: The information contained in any post on this website is derived from publicly available sources and is not guaranteed as to accuracy and often involves allegations which may or may not be proven at some point in the future. All posts are believed to be accurate as of the time of original posting, but the accuracy and details are subject to and expected to change over time and which may contain opinions of the author at the time posted.
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