Close

May 1, 2015

Brookville Capital Partners to Pay $1.5 million

The Financial Industry Regulatory Authority (FINRA) has ordered Brookville Capital Partners to pay a total of $1.5 million and barred its president, Anthony Lodati, as a result of alleged fraudulent conduct. FINRA believes that Brookville, under the supervision of Lodati, deceptively offered and sold 29 clients over a million dollars worth of shares in a private placement called Wilshire Capital Partners Group LLC. FINRA claimed that Lodati was aware that Wilshire was operated by individuals with felony convictions and intentionally withheld that information from Brookville costumers.

To read more, click Here