Jeffrey Paul Weiner of Elmsford New York a stockbroker formerly registered with MML Investors Services LLC is referenced in a customer initiated investment related written complaint on February 14, 2021 in which the customer requested more than $5,000.00 in compensatory damages supported by allegations that Weiner made misrepresentations regarding a variable life insurance policy that the customer purchased.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Weiner has been identified in nine more customer initiated investment related disputes concerning accusations of his wrongdoing while employed by MSI Financial Services and MML Investors Services. Weiner is the subject of a customer initiated investment related written complaint which was settled to resolve allegations of misrepresentation.
On February 15, 2018, another customer filed an investment related complaint regarding Weiner’s activities where the customer sought unspecified compensatory damages based upon accusations that the premium payment requirements had not been fully disclosed by Weiner when the customer bought an insurance policy. Weiner is also referenced in a customer initiated investment related written complaint on January 2, 2020 in which the customer requested compensatory damages founded on allegations that the premiums on a variable universal life insurance policy were miscommunicated to the customer.
On May 19, 2020, another customer filed an investment related complaint involving Weiner’s conduct where the customer sought compensatory damages supported by accusations of Weiner misrepresenting terms of a variable universal life insurance policy. The complaint alleges that the customer was not told about the implications of surrendering a policy and doing a 1035 Exchange into a VUL product.
Weiner is additionally the subject of a customer initiated investment related written complaint on May 23, 2020 in which the customer requested compensatory damages based upon allegations of misstatements relating to a variable life insurance policy that the customer bought in March of 2017. The customer indicated that the surrender charges had not been made known to the customer prior to transactions being executed.
On August 27, 2020, another customer filed an investment related complaint involving Weiner’s activities where the customer sought unspecified damages founded on accusations that the customer received inaccurate information relating to the variable universal life insurance policy that they purchased.
The stockbroker’s registration with MML Investors Services was terminated on February 10, 2020. Weiner was discharged by Pruco Securities LLC on January 25, 2021 supported by allegations that he violated company policy by impersonating customers.