Item: Mauriello Law Firm, APC
Rating: 5
Author: Scott Yi, Securities Registered Representative

Mauriello Law Firm Settles Municipal Bond FINRA Arbitration Claim for $300,000

July 2023

Attorney Thomas Mauriello settled a FINRA arbitration claim against one of the largest financial services firms in the nation, in a case involving municipal bonds. The client, a high net-worth real estate developer, was seeking a short term, safe investment for a large sum of working capital needed within 6 to 12 months. Ignoring the potential interest-rate risk, the advisor invested all of the client’s funds into individual medium-term and long-term municipal bonds. When interest rates rose in 2022, the bonds dropped in value. Because of the advisor’s investment recommendation, the customer’s stated goal of preserving his capital had been ignored. This supposedly “safe” account lost over 10% of its value in just four months. Mr. Mauriello obtained a recovery of $300,000 on behalf of the client.

★★★★★

Tom, thank you for your all help. Among the three other attorneys I talked with, I chose you because you really listened, asked thoughtful questions and sought all information to understand my situation. That gave me confidence in you above all others. I am a believer in receiving feedback, so I just wanted to share my thoughts with you. If I come across anyone that is looking for counsel in this industry I will certainly refer them your way. Scott Yi, Securities Registered Representative

Thomas was very thorough, kind and truly cared about me and my case. He went above and beyond the call of duty. Every time I contacted him he me made me feel like a very important client. His skills, intelligence and demeanor lead to a victory in the courtroom! Susan De Diminicantanio

As a business development consultant, there have been times to which I am in need of counsel for the review and strategic advice a range of diversified employment and compensation packages. In this sense, Thomas Mauriello has been my trusted counsel, paying particular attention to the settle nuances the language and structure of contractual agreements, and rely heavily on his expert opinion as a plaintiff's lawyer! Emma Makinen, DOAP Kitchens, LLC

Our Family needed an attorney who was knowledgeable with FINRA and Tom proved to be very familiar with FINRA. We found him, trustworthy, thorough, honest and sympathetic during an emotionally stressful time with our Family. Annette Hellmich

I would recommend Mr. Mauriello highly - - to anyone - - - wish I had more friends in the area who need an attorney! He was extremely knowledgeable, timely, courteous, - AND - he won my case! Would call him again in an instant should the need arise. Nancy Brown

Submit a Law Firm Client Review