Stock Loss Recovery Co. Cold Spring Advisory and Louis Ottimo Uncovered Posted By Brie Austin In Category: Business , Opinion , Reviews When you look into investment recovery co. Cold Spring Advisory and Louis Ottimo uncovered it seems they are preying on unsuspecting investors. Investment recovery is also referred to a stock loss recovery, and Cold Spring Advisory LLC. claims to help -- all you need do is pay them an upfront fee of thousands of Dollars. cold spring advisory ripoff When I came upon a press release about how Cold Spring Advisory was the leading stock loss recovery firm in the country, it sounded to good to be true. As it turns out, the only place they are mentioned as the largest stock loss recovery company is in press releases they've put out. They seem to be running ads saying "Lost Money In Investment" call Cold Spring Advisory. So I did some research. As I reported on other blogs, when you look into stock loss recovery, or stock investment recovery, Cold Spring Advisory and Louis Ottimo claim to help you recovery lost investments. In my investigation into this practice I found many reputable stock loss recovery firms and lawyers in the market that can help you if you believe -- and can prove -- that your stock loss was due to broker misconduct. But Cold Spring Advisory isn't one of them. The more I dug the more bodies I found. Firstly, during my research I uncovered a string of complaints by people who alleged that they didn't call Cold Spring Advisory, but the other way around: someone called them. I also found misconducts, complaints, and claims against Louis Ottimo and his family members (Anthony Ottimo and Louis Ottimo Sr.), as well as Cold Spring Advisory itself, and former companies they (Louis Ottimo and family) were involved with -- such as EKN Financial Services Inc., Wheatley, Second Market Fund, and JetOne Jets. In 2012 Investment News ran this headline: "Finra expels firm for 'brazen' defiance of SEC." The entire Ottimo clan seems to be involved defending themselves in one case after another, whether it's being fined, suspended or barred by the NSDA or FINRA, or sued by clients of their various companies over the years. Both Anthony ottimo and Louis Ottimo have been barred from any association with FINRA, the regulatory body for the trading industry, for life. Stock Loss Recovery Co. Cold Spring Advisory and Louis Ottimo Uncovered Mr. Ottimo has had ongoing problems within the trading industry, and these are all listed on the brokercheck section of the FINRA site : 1987 -- Pleaded down a felony assault & battery charge to a misdemeanor. He didn't admit his guilt but said that the State had sufficient evidence that a conviction would have been likely. 1998 -- found liable for unauthorized trading and judgement against him for $20,00 awarded. 2007 -- a $41,000 lien placed on him in a civil dispute 2010 -- a $6,990 judgement/lien against him for taxes. 2010 -- filed for bankruptcy. 2010 -- a judgement/lien against him for taxes $14,500. 2011 -- a judgement/lien against him for taxes $18,450. 2012 -- judgement/lien against him, civil, $500,000. 2013 -- regulatory action for failure to disclose information. 2015 -- permanently barred from FINRA Some of the FINRA actions against the Ottimo's include: Louis Ottimo Sr.: January 2015 - Revoked (Failure to Pay Fines and/or Costs) Louis Ottimo Sr.: July 2014 - Suspended (failure to Comply with Arbitration Award) EKN Financial: December 2012 -- Expelled (Defying SEC Order and For Numerous violations) EKN Financial: December 2006 -- Fined, principles suspended (for security registration violations) In 2006 Anthony and Louis Ottimo were involved with Jet One Jets Inc. -- where they and AMEX were sued for taking $150,000 from Williams, then only provided $50,000 in services while refusing to provide the balance in services or refund. AMEX, based on the reseller agreement Jet One signed, was found by the court to not be liable, and then cross-sued the Ottimo's in addition to the Williams original suit. And according to a press release by Relmada Therapeutics "Mr. Ottimo lists five financial judgments or liens and several other disclosures on his FINRA regulatory filing, including a conviction for assault and battery and a FINRA regulatory action that barred Mr. Ottimo from association with any FINRA member in any capacity for, among other things, fraudulently omitting to disclose material information in a private placement memo to investors. This regulatory bar is on appeal. Mr. Ottimo eventually left Laidlaw." BEWARE PEOPLE, another wolf among the sheep preying on unsuspecting investors looking for help. To claim to be able to recover investments from alleged bad practice brokers, when they themselves have been sued and or disciplined by the NSDA and/or FINRA should raise questions. read more

Name Jennifer Tarr Hilton Wiener FaceBook https://www.facebook.com/coldspringadvisorygroup/ Aliases Louis Ottimo Scam Website www.coldspringadvisory.com Telephone 212-566-6060 Reverse Phone Lookup (by Spokeo http://www.scamalot.com/ScamTipReports/64332 Details of Scam Report Majestic FINRA Customer Arbitration Decision Grapples With Non Lawyer Role October 21, 2016 IT'S A RARE MOMENT BUT BROKEANDBROKER.COM BLOG PUBLISHER BILL SINGER IS LEFT SPEECHLESS. As is sadly the case with most lawyers, Bill is rarely at a loss for words and tends to charge a princely sum for each one he utters on behalf of a client of his law practice. As such, enjoy the silence while it lasts. As to what has stunned Bill into silence, that is the topic of today's blog. Submitted for your consideration is a FINRA Arbitration between a public customer and industry parties. The dispute is somewhat complex and a fascinating issue as to a non-lawyer's role in representing the customer arises. On top of that, the sole FINRA Arbitrator who heard the case and drafted the Decision performed at such a high level that, well, like we said, our publisher is at a loss for words. Full case file here: http://www.brokeandbroker.com/3278/finra-arbitration,-non-lawyer/ Cold Spring Advisory and Louis Ottimo Uncovered http://www.complaintsboard.com/complaints/cold-spring-advisory-group-csag-jennifer-tarr-investment-loss-recovery-c820350.html http://www.ripoffreport.com/r/Cold-Spring-Advisory/new-york-New-York-10022/Cold-Spring-Advisory-Louis-ottimo-SCAMMED-ME-OUT-OF-7500-IN-FEES-new-york-New-York-1325617 http://brokercheck.finra.org/individual/2606438 Consumer complaint 1 Consumer Complaint 2 http://decisions.courts.state.ny.us/10jd/nassau/decisions/index/index_new/phelan/2009sept/017307-08.pdf http://www.investmentloss.com/2015/11/finra-bars-broker-louis-ottimo-on-appeal/ http://www.prnewswire.com/news-releases/relmada-therapeutics-files-amended-complaint-against-laidlaw-and-its-principals-matthew-eitner-and-james-ahern-300209454.html http://www.leagle.com/decision/In%20Adv%20FDCO%20110715-000113/WILLIAMS%20v.%20JET%20ONE%20JETS,%20INC. http://law.justia.com/cases/new-york/other-courts/2012/2012-ny-slip-op-51539-u.html http://www.nycourts.gov/courts/ad2/calendar/webcal/decisions/2011/D31296.pdf http://www.plainsite.org/dockets/rlmpd3i4/uspto-trademark-trial-and-appeal-board/hansbury-classics-llc-v-anthony-ottimo-and-louis-ottimo/ http://www.investmentnews.com/article/20121018/FREE/121019934/finra-expels-firm-for-brazen-defiance-of-sec National Securities v. Cold Spring Advisory Group - New York Law ...www.newyorklawjournal.com/cli/id=1202676624907 https://www.google.com/search?q=louis+ottimo&biw=1920&bih=995&ei=LSCRV5GyOYiwmQG0i6SACA&start=0&sa=N read more

From everything I have found this is a scam. I've done a lot of research, check on both them and their shadow president Louis Ottimo. BEWARE: Find out more about them here: http://www.brieaustin.com/?s=ottimo https://investmentrecoveryblog.wordpress.com/ http://www.ripoffreport.com/reports/cold-spring-advisory-group/syossett-new-york/cold-spring-advisory-group-louis-ottimo-michelle-ottimo-cold-spring-harbor-ekn-financi-1271083 read more