Adam S. Feierstein of Redondo Beach California a stockbroker formerly registered with ProEquities Inc. has been discharged by the securities broker dealer on October 28, 2020 founded on allegations that Feierstein engaged in unauthorized private security transactions and had concealed his communications about securities business from ProEquities.
Financial Industry Regulatory Authority (FINRA) Public Disclosure also confirms that a customer filed an investment related complaint regarding Feierstein’s activities where the customer requested more than $5,000.00 in damages based upon allegations that the customer had been sold multiple variable annuities which failed to be suitable for the customer when Feierstein was associated with Woodbury Financial Services.
Feierstein was registered with Woodbury Financial Services between December 9, 2013 and December 12, 2018. From December 11, 2018 to October 28, 2020, he was registered with ProEquities.
