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Massapequa financial adviser ordered to pay $7M to clients
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Massapequa financial adviser ordered to pay $7M to clients
A Massapequa-based financial advisor is being forced to pay clients upwards of $7 million after his company lost hundreds of thousands of dollars in investments. Vincent Camarda, the founder and CEO of A.G. Morgan Financial Advisors, had been accused of misappropriating money from at least 20 clients. Arbitration documents from the Financial Industry Regulatory Authority show that Camadra and James McArthur, A.G. Morgan’s former compliance offic…
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