Scott Donato was a Florida based securities broker. He worked in the securities industry for twenty-three years. He spent his entire career registered with Morgan Stanley. He is no longer working as a registered securities broker in any fashion.

Scott Donato’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.

In September 2001, customers alleged that Donato made common law and statutory securities violations. This case went to arbitration where the customer was awarded $125,000 in damages.

In June 2014, a customer alleged unsuitability with respect to option investments in his account. The alleged transgressions taking place between October 2012 and January 2013. This case was settled for $350,000 in damages.

In March 2017, another customer alleged unsuitability with respect to investments in their accounts. The alleged transgressions taking place between 2010 and 2013. This case was settled for $995,000 in damages.

In November 2017, even more customers alleged unsuitability with respect to investments. The alleged transgressions taking place between 2010 and 2017. This case was settled for $150,000 in damages.

Scott Donato was barred from acting as a securities broker in any fashion in December 2018 after failing to respond to a FINRA request for information.

Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Scott Donato, please contact Oakes & Fosher for a free and private consultation.