Mauriello Law Firm Obtains $221,000 Court Judgment Against Chicago-Based Investment Avisor for Securities Fraud

February 2026

On February 6, 2026, an Orange County, California Superior Court Judge issued a judgment in the amount of $221,000 against Eliseo Prisno, the principal of P/E Capital Investment Management Partners, a Chicago-based Registered Investment Advisory firm. The case was filed by Mauriello Law Firm on behalf of a former Kaiser nurse who was retired with disability. The victim, who had no investment experience, entrusted all her retirement assets with Prisno, who promised to protect her retirement “nest egg.” Within less than two years, however, Prisno lost over half the value of the account, engaging in risky options trading and generating excessive and unauthorized fees withdrawn from the account. The judgment was based on the advisor’s breaches of fiduciary duty and violations of California Corporations Code §§ 25235 and 25238 (securities fraud). The judgment included the investment losses, plus interest and statutory attorneys’ fees awarded pursuant to Corporations Code Section 25501.

To our knowledge, this is the first award of attorneys’ fees under Section 25501 against an investment advisor, as opposed to a securities registered representative (stockbroker) or brokerage firm.

The case is Luz Jabines v. Eliseo Prisno and P/E Capital Investment Management Partners, Orange County (California) Superior Court Case No. 30-2024-01395716-CU-FR-CJC.

If you are or a loved one is a retiree who has suffered losses due to fraud, negligence, or other misconduct by a financial advisor or stockbroker, contact the Mauriello Law Firm for a free consultation to see whether you have a claim for recovery of your losses.