Ann Arbor, Michigan – December 10, 2025 – Ashley Quinn Romiti (CRD# 7636987), a registered securities representative with Concorde Investment Services, LLC in Ann Arbor, Michigan, has one pending customer complaint on their FINRA BrokerCheck record. The complaint alleges unsuitable investment recommendations involving Delaware Statutory Trusts (DSTs) purchased between March 2022 and December 2023. This post summarizes Romiti’s disclosed complaint history and provides guidance for investors who may have experienced similar issues.
BrokerCheck Snapshot
Name: Ashley Quinn Romiti
CRD #: 7636987
Firm: Concorde Investment Services, LLC
Location: Ann Arbor, MI
Years in Industry: 3
Number of Disclosures: 1
Customer Complaint Against Ashley Quinn Romiti
According to FINRA BrokerCheck records, a customer complaint was filed against Ashley Quinn Romiti on October 21, 2025. The complaint remains pending and has not been resolved or adjudicated.
Complaint Details
Filing Date: October 21, 2025
Forum: FINRA Arbitration
Case Number: 25-02160
Product Type: Delaware Statutory Trusts (DSTs) – Private Placements
Employing Firms: Emerson Equity LLC and Arkadios Capital
The complaint alleges unsuitable purchases of several DST investments made between March 14, 2022 and December 11, 2023. The claimant contends that the respondents failed to conduct reasonable due diligence on the DST investments and that these investments were misrepresented. According to the complaint, the claimant did not understand the investments and they were unsuitable given their financial situation, needs, and risk tolerance.
Specific Allegations
The complaint contains allegations of:
- Violation of Federal Securities Laws
- Violations of the California Securities Act
- Violation of the Pennsylvania Securities Laws
- Violation of the Pennsylvania Unfair Trade Practices and Consumer Protection Law
- Breach of Contract
- Common Law Fraud
- Breach of Fiduciary Duty
- Negligence and Gross Negligence
Alleged Damages: The claimant seeks recovery of compensatory damages in an amount to be determined by the arbitration panel, as well as benefit of bargain damages, lost opportunity costs, model portfolio damages, prejudgment interest, costs, reasonable attorney’s fees, punitive damages, and such relief as deemed necessary and proper.
Broker Statement
Romiti provided a statement noting that she is disclosed as the “subject of” one of five investments and not named as a respondent, which denies the ability to vigorously defend herself and her reputation. The statement indicates that:
- The investor sought out a 1031 real estate exchange, not a diversified investment, with over 10 years of real estate investment experience
- The investor ignored Romiti’s recommendation to mitigate against overconcentration with the sponsor by investing capital into a different real estate sponsor
- The investor confirmed in writing that he relied on the offering documents, which outlined numerous significant investment risks, and that he did not receive or rely upon any representations, warranties, or assurances from Romiti
Pattern of Complaints / Risk Factors
While each case is unique, complaints involving unsuitable DST investments may indicate concerns related to inadequate risk disclosure, overconcentration in illiquid alternative investments, or failure to properly assess investor sophistication and risk tolerance. Investors who received recommendations for private placement securities should carefully review whether the investments aligned with their stated objectives and whether all material risks were adequately disclosed.
Can Investors Recover Losses?
Investors who were recommended unsuitable or high-risk investments may be entitled to recover losses through FINRA arbitration. Patil Law, P.C. has over 15 years of experience representing investors in FINRA arbitration and securities litigation, with more than $25 million recovered for clients across 1,000+ cases. We provide a free, confidential consultation to review your potential claim. Our firm works on a contingency fee basis, meaning you pay no attorney fees unless we successfully recover money for you.
If you invested in DSTs or other private placement securities through Ashley Quinn Romiti, Emerson Equity LLC, Arkadios Capital, or Concorde Investment Services and experienced significant losses, contact our experienced securities attorneys at 800-950-6553 or info@patillaw.com for a free case evaluation.
About FINRA Arbitration
FINRA arbitration is a streamlined dispute resolution process for securities-related claims. It offers a faster, more cost-effective alternative to traditional court litigation, with most cases resolved within 12-16 months. The arbitration process involves discovery, pre-hearing conferences, and a hearing before a panel of arbitrators who issue a binding decision. Claims generally must be filed within six years of the incident.
Related Brokers and Firms
Investors who worked with Concorde Investment Services or other brokers at this firm may wish to review the following related resources:
- Arkadios Capital Advisors – Complaints & Disclosures
- Emerson Equity LLC Advisors – Complaints & Disclosures
- DST Investment Losses
- Private Placement Fraud
- Unsuitable Investment Claims
Frequently Asked Questions
What is the complaint against Ashley Quinn Romiti?
A customer filed a complaint in FINRA arbitration alleging that Romiti recommended unsuitable DST (Delaware Statutory Trust) investments between March 2022 and December 2023. The complaint alleges violations of federal and state securities laws, breach of fiduciary duty, negligence, and failure to conduct adequate due diligence. The matter is pending and has not been resolved.
Can investors recover losses involving Concorde Investment Services?
Yes. Investors who suffered losses due to unsuitable investment recommendations, inadequate risk disclosure, or broker misconduct may be entitled to recover damages through FINRA arbitration. Securities laws provide protections for investors, and broker-dealers have a duty to recommend only suitable investments. If you lost money in DST investments or other securities recommended by a Concorde Investment Services representative, contact an experienced securities attorney to discuss your legal options.
What is FINRA arbitration?
FINRA arbitration is a dispute resolution forum where investors can bring claims against brokerage firms and individual brokers for securities law violations, fraud, negligence, and breach of fiduciary duty. The process is generally faster and less expensive than litigation in court. Most brokerage account agreements contain mandatory arbitration clauses requiring disputes to be resolved through FINRA arbitration rather than court.
What does “unsuitable investment” mean?
An unsuitable investment is one that does not align with an investor’s financial situation, investment objectives, risk tolerance, age, liquidity needs, or investment experience. Brokers have a legal obligation to conduct due diligence and recommend only investments that are suitable for each client. Recommending high-risk, illiquid investments like DSTs to conservative investors or those nearing retirement may constitute unsuitability.
How do I look up a broker on BrokerCheck?
Visit FINRA’s BrokerCheck website at brokercheck.finra.org and search by the broker’s name or CRD number. The free report will show employment history, licensing information, and any customer complaints, regulatory actions, or criminal disclosures. Investors should review BrokerCheck records before working with any financial advisor or broker.
What should I do if I suspect broker misconduct?
If you suspect broker misconduct, immediately document all account statements, trade confirmations, and communications with your broker. File a complaint with FINRA and your state securities regulator. Consult with a securities attorney who specializes in investor protection to evaluate whether you have a viable claim. Do not delay, as there are time limits for filing arbitration claims.
About Patil Law, P.C.
Patil Law, P.C. is a securities litigation firm dedicated to representing investors who have suffered losses due to broker misconduct, unsuitable recommendations, and securities fraud. Founded in 2018 by attorney Chetan Patil, the firm focuses exclusively on FINRA arbitration and investment loss recovery.
With over 15 years of combined experience in securities law, Patil Law has successfully recovered more than $25 million for clients across 1,000+ cases. Attorney Chetan Patil earned his law degree from Case Western Reserve University School of Law. Attorneys Gabriela Dubrocq and Patricia Herrera earned their law degrees from University of Miami. The firm handles cases nationwide involving unauthorized trading, churning, unsuitable investments, breach of fiduciary duty, and failure to supervise.
Patil Law works on a contingency fee basis, meaning clients pay no attorney fees unless the firm successfully recovers money on their behalf. All consultations are free and confidential.
Contact Patil Law for a Free Consultation
If you suffered investment losses with Ashley Quinn Romiti, Concorde Investment Services, Arkadios Capital, or Emerson Equity LLC, contact Patil Law, P.C. for a free, no-obligation consultation. Our experienced securities attorneys will review your case and explain your legal options.
Phone: 800-950-6553
Email: info@patillaw.com
Website: investmentlosslawyer.com
Disclaimer
The information in this post is based on FINRA BrokerCheck records and public filings. Allegations described are pending or unproven and may be contested. All investors are entitled to fair treatment under securities laws. This is attorney advertising. Prior results do not guarantee a similar outcome. This communication is for informational purposes only and does not create an attorney-client relationship.
