Christopher Philip Arnella (CRD #4886531, Manasquan, New Jersey)

Christopher Philip Arnella (CRD #4886531, Manasquan, New Jersey)

September 5, 2024 – An AWC was issued in which Arnella was fined $5,000 and suspended from association with any FINRA member in all capacities for one month. Without admitting or denying the findings, Arnella consented to the sanctions and to the entry of findings that he made promissory and unwarranted statements about a publicly traded company, and statements that predicted the future performance of the company’s stock. The findings stated that Arnella publicly posted his opinion about what he expected the future stock price of the company to be by the end of one year. Arnella also stated, in writing, to two firm customers that there was a 100 percent chance that the company’s loss in a patent litigation trial would be overturned. The suspension was in effect from October 7, 2024, through November 6, 2024. (FINRA Case #2020069039302) If you have suffered losses as a result of Christopher Philip Arnella's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Christopher Philip Arnella. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.