Haselkorn & Thibaut Opens Investigation into John Russo of Dominari Securities LLC (New York, NY)
If you are an investor seeking information about John Russo, a financial advisor licensed with Dominari Securities LLC in New York, NY, good news: Haselkorn & Thibaut, a national investment fraud law firm with over 50 years of combined experience and a 98% success rate, has initiated an independent investigation into Mr. Russo’s advisory practices and customer complaints. If you believe your investments may have been mishandled, understanding the facts is the first step toward recovery.
Who is John Russo?
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John Russo (CRD #3245040) currently serves as a registered representative and securities trader at Dominari Securities LLC (CRD #18975), based at 725 Fifth Avenue, 23rd Floor, New York, NY 10022. Russo has been registered with Dominari Securities since March 2024. His experience includes working at other notable broker-dealers such as Aegis Capital Corp. (2018–2024), T3 Trading Group, Osprey Partners, Paulson Investment Company, and Benjamin & Jerold Brokerage. In addition to his role as a financial advisor, Russo is also involved with West Nyack Motors LLC (non-investment related) and serves as president of Turin Capital Corp.
Summary of Recent Developments & Complaints
One of the most important aspects of professional due diligence is verifying customer complaint histories, regulatory actions, and employment shifts. Here is a focused summary of what investors should know:
| Type | Status/Details |
|---|---|
| Customer Disputes |
|
| Regulatory Actions (FINRA, SEC, State) |
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| BrokerCheck Disclosures |
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| Civil Litigation |
|
Understanding the Allegations: What Investors Should Know
Examining the nature of customer complaints can help other investors identify warning signs in their own portfolios. The two pending FINRA arbitrations involving John Russo relate to:
- Breach of fiduciary duty—Failure to act in the best interests of clients.
- Unsuitable investment recommendations—Offering investment strategies that are not consistent with the investor’s risk tolerance, objectives, or financial profile.
- Material misrepresentations or omissions—Failing to accurately or fully disclose key facts about investment products, which can constitute a violation of FINRA Rules 2020 and 2010 regarding fair dealing.
- Breach of contract and industry rules—Violating the terms of advisory or customer agreements and FINRA guidelines.
Private Placement Concerns: What Are They?
One complaint references a private placement under Regulation D—an offering exempt from standard SEC registration. While these can be legitimate for certain qualified investors, private placements are illiquid, carry high risk, and are sometimes referenced in investment disputes due to their complexity and lack of regulatory scrutiny. The U.S. Securities and Exchange Commission encourages investors to proceed with caution and ensure such recommendations are suitable.
Key Red Flags for Investors to Review
- Account Statements Do Not Match Explanations: If you notice discrepancies or confusion in your portfolio composition, seek clarity immediately.
- Investment Recommendations Seem Aggressive or Inconsistent: Double-check if suggestions align with your goals and risk tolerance.
- You’re Invited to Unregistered Private Placements: These offerings can carry more risk and less transparency.
- Your Advisor Is Frequently Switching Firms: This can, in some cases, be a sign of deeper issues—though not always.
How Haselkorn & Thibaut Can Help
Haselkorn & Thibaut is currently conducting a comprehensive investigation into claims involving John Russo and his tenure at Dominari Securities LLC, as well as his prior employment at Aegis Capital. If you have suffered losses in investment accounts handled by John Russo, you are encouraged to reach out for a free, confidential consultation. With no upfront costs—no recovery, no fee—and millions recovered for clients, their legal team is prepared to review your portfolio, address your concerns, and pursue your claim in FINRA arbitration if warranted.
- Nationwide representation
- 50+ years of combined experience
- 98% success rate
- Free case evaluation—no obligation
- No fee unless there is a recovery
Take Action: Discuss Your Potential Case
If you have questions about how your investments were handled by John Russo at Dominari Securities LLC in New York, NY, take the first step today. Get a no-cost review of your circumstances and options from the experienced securities attorneys at Haselkorn & Thibaut. This is a fully confidential process—your information is secure, your rights are our top priority.
Call Haselkorn & Thibaut now at 1-888-994-8066 for your free consultation.
If you are unsure about your advisor’s background, visit FINRA BrokerCheck to see the most current registration, regulatory, and disciplinary information.
Your financial future is too important—reach out to Haselkorn & Thibaut today.
