Matthew Mangini of PurePath Wealth Management: $644k in Unapproved Private Securities Transactions
Summary
According to the SEC’s AdviserInfo, Matthew James Mangini was previously registered with Crown Capital Securities, doing business as an investment advisor with PurePath Wealth Management from 2018 to 2021 in Land O’ Lakes, FL. On April 24, 2023, Matthew James Mangini entered into a regulatory agreement known as a letter of Acceptance, Waive, and Consent (“AWC”) with FINRA’s Department of Enforcement. Mangini participated in 11 securities transactions through the investment advisory firm that raised $644,000 from nine investors, all of whom were Crown Capital customers. FINRA Rule 3280 (Private Securities Transactions) defines a private securities transaction as “any securities transaction outside the regular course or scope of an associated person’s employment with a member.” FINRA Rule 2010 requires brokerage firms and their registered representatives to “observe high standards of commercial honor and just and equitable principles of trade.” If you suffered investment losses with Matthew Mangini at Crown Capital and/or PurePath Wealth Management, you are encouraged to contact attorney Lawrence L. Klayman, Esq. Our firm offers legal services on a contingency basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.