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FINRA Broker Allegations

Allegations against: Michael August Pellegrino

Allegation type: Customer Dispute

Allegation status: Pending

The allegations read: Respondent and pellegrino solicited claimant to invest in non-traded real estate investment trust (reit)-american realty finance (afin) and was advised that this investmewnt would pay out consistent income plus return of principal in a few years.

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