Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has opened an independent investigation into John Angelo Morabito (CRD #4651112), a registered representative currently affiliated with Raymond James & Associates, Inc.. Our investigation follows public disclosures and customer complaints reviewed in BrokerCheck and additional records. If you invested with John Morabito (Raymond James, New York, NY) or have concerns about your investments, we urge you to review the following analysis and consider your recovery options. Call 1-888-885-7162 for a free, confidential consultation with our attorneys.
Who Is John Angelo Morabito?
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John Morabito is a licensed financial advisor based in New York, currently registered with Raymond James & Associates, Inc. He has also worked for RBC Capital Markets, LLC; Merrill Lynch, Pierce, Fenner & Smith Incorporated; and Morgan Stanley. According to public records, he holds active Series 7 and Series 66 registrations. Our attorneys have decades of experience reviewing the backgrounds of brokers like John Morabito to help investors identify patterns that may impact their portfolios.
Current Public Disclosure Record
As of our most recent review, John Morabito’s FINRA BrokerCheck profile shows the following publicly reported disclosures:
- One customer dispute reported in connection with prior employment.
- One employment separation disclosure relating to policy violations.
- No publicly reported regulatory actions, suspensions, fines, bankruptcies, liens, or judgments relating to financial misconduct.
While some records may appear limited, our investigation considers the complete scope of a broker’s track record, including past disputes, settlements, and former employer disclosures. Even a single serious complaint or policy violation can signal risks for retail investors.
Red Flags & Disclosures Involving John Morabito
Haselkorn & Thibaut, through its independent research and review of public records, has identified disclosures involving John Morabito’s prior affiliations and professional conduct:
| Date | Disclosure Type | Details & Allegations | Status / Resolution |
|---|---|---|---|
| November 27, 2018 | Customer Dispute |
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| April 8, 2026 | Employment Separation – Discharge |
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Why Do These Red Flags Matter for Investors?
Even a single substantial customer dispute or employment separation related to policy violations may raise concerns for investors. Settlements, regardless of whether the advisor personally paid, can indicate that the firm saw meaningful litigation risk. Employment discharges for policy infractions may also reflect issues involving supervision, communications, or adherence to internal compliance standards.
Understanding Investor Protections: Suitability and Regulation Best Interest
Our attorneys carefully review whether brokers like John Morabito complied with FINRA Rule 2111 (“Suitability”) and Regulation Best Interest (“Reg BI”), two key investor protection standards:
- FINRA Rule 2111: Brokers must have a reasonable basis for believing that each recommendation is suitable for the customer’s investment profile, objectives, and risk tolerance. Unsuitable advice may lead to significant losses.
- Regulation Best Interest: Effective since June 2020, Reg BI requires broker-dealers to act in the retail customer’s best interest when making recommendations. This rule requires disclosure of conflicts, costs, and material facts, and prohibits placing the broker’s interests ahead of the customer’s interests.
Our firm reviews whether investments met these standards and whether losses may have resulted from unsuitable recommendations, inadequate disclosures, or other misconduct.
Specific Investor Complaints and Allegations Involving John Morabito
Below is a summary of the most notable public complaint involving John Morabito:
- 2018 Unsuitable Investment Complaint – Merrill Lynch: The client alleged that John Morabito recommended investments that did not fit the customer’s risk profile or investment objectives. The disputed products involved over-the-counter equities, which may be complex and volatile. The $3 million claim settled for $350,000 in 2019 without any admission of wrongdoing.
Even one settlement involving suitability allegations may warrant closer review by affected investors.
Do You Have Grounds for Recovery?
Haselkorn & Thibaut represents investors nationwide who have suffered losses due to broker or financial advisor misconduct, unsuitable recommendations, policy violations, negligence, or compliance failures. Our attorneys offer extensive securities law experience and provide free, confidential consultations. We also handle matters on a contingency basis, meaning there is no attorney fee unless there is a recovery.
What Should You Do If You Have Concerns about John Morabito (Raymond James, NY)?
- Gather account statements, trade confirmations, emails, text messages, and notes relating to your relationship with John Morabito.
- Document any losses, sudden account changes, recommendations that appeared inconsistent with your financial profile, or concerns regarding communications or compliance issues.
- Contact our firm for a free and confidential review of your potential claims.
Our attorneys will analyze whether your case may involve potential breaches of suitability obligations, best interest standards, supervision failures, or other actionable misconduct. If we identify grounds for recovery, you pay no attorney’s fees unless we obtain a result for you.
Take Action: Call for a Free Consultation
If you worked with John Angelo Morabito (Raymond James & Associates, Inc., New York, New York) and experienced losses or suspect your investments were mishandled, schedule a free consultation now. Call 1-888-885-7162 or contact us through our secure online form.
Your next step could make a difference in evaluating your legal options and pursuing possible financial recovery.
