A hedge fund executive died early Sunday morning after falling three floors from an escalator at The Pier Shops at Caesars, according to police.
Atlantic City police said James Vellanti, 40, fell from the third to the first floor. Vellanti lived in Clinton, Hunterdon County and was Chief Operating Officer for the hedge fund JNF Asset Management, LLC in New York. His LinkedIn profile says he went to West Chester University in the 1980s.
Autopsy results released Monday show Vallenti died from multiple traumatic injuries and his death was ruled accidental.
This is the second incident at The Pier. In August, Frank Gilbert, of Galloway Township, plunged about 40 feet and died of head injuries. Witness said Gilbert, 25, sat on the moving handrail and fell backward. The family said they asked the owners of the Pier to install a safety device to prevent another fall.
Currently, there are no safety devices in place.
"I don't understand how this happened, especially twice. It shouldn't happen the second time," said one shopper.
The owners of the Pier Shops emailed NBCPhiladelphia.com with statement that read:
"We are saddened by this weekend's accident and our thoughts and prayers go out to the Vellanti family."