Randall William Hunt of Toledo Ohio a stockbroker formerly employed by Ameriprise Financial Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that he ignored requests from FINRA concerning his business activities. Case No. 2017053653401 (Dec. 11, 2017).
FINRA Public Disclosure reveals that on February 27, 2017, Ameriprise Financial Services, Inc. disaffiliated with Hunt founded on allegations that he exercised discretion in the accounts of Ameriprise customers in a manner which violated the firm’s policies.
FINRA Public Disclosure confirms that Hunt has been identified in two additional customer initiated investment related disputes containing accusations of his violative conduct during the time that he was associated with Salomon Smith Barney Inc. and Wachovia Securities, LLC. Particularly, on April 1, 1998, Hunt was subject of a customer initiated investment related arbitration claim in which the customer was awarded $14,635.32 in damages based upon the National Futures Association (NFA) arbitration panel finding that trades were not executed in the customer’s account in a timely manner. NFA Arbitration No. 97-ARB-15 (Apr. 1, 1998).
Then, a customer initiated investment related arbitration claim concerning Hunt’s activities was resolved for $1,043,000.00 in damages supported by allegations that Hunt failed to supervise a representative who converted the customer’s funds which had been intended for a California real estate transaction. National Association of Securities Dealers (NASD) Arbitration No. 07-00622 (Apr. 29, 2008).
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