Thomas A. Vigil, of Westboro, Massachusetts, a stockbroker formerly registered with MetLife Securities, has been fined $7,500.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he falsified customer accounts documents, impersonated a customer to effect a transaction, and forged the signature of a customer. Letter of Acceptance, Waiver and Consent, No. 2014040301001 (July 18, 2016).
According to the AWC, in October of 2012, Vigil attempted the surrender of an annuity upon impersonating a customer with an insurance company. Subsequently, in January of 2014, during which time Vigil was associated with Signator Investors, Inc., he modified a document without a customer’s authorization and lied about it when the firm investigated his activities. Further, in March of 2014, a customer’s signature was forged by Vigil on account documentation despite the customer’s lack of consent. Vigil reportedly denied having forged the customer’s signature when MetLife Securities originally investigated it, but has since acknowledged his wrongdoing to his firm.
FINRA Public Disclosure further reveals that Vigil has been identified in four customer initiated investment related disputes pertaining to allegations of his misconduct while he was employed with MetLife Securities. In particular, on August 15, 2006, a customer filed an investment related written complaint involving Vigil’s conduct, in which the customer sought $9,223.50 in damages based upon allegations that Vigil made misrepresentations to the customer concerning a variable annuity that the customer purchased. Subsequently, on December 16, 2013, a customer filed an investment related written complaint regarding Vigil’s activities, wherein the customer’s claim was based upon allegations against Vigil of misrepresenting a variable annuity product.
Furthermore, on September 17, 2014, a customer initiated investment related written complaint regarding Vigil’s conduct has been resolved for $10,663.00 in damages founded upon allegations that Vigil modified the customer’s documentation despite lacking permission from the customer. Vigil has also been subject of a customer initiated investment related written complaint on May 3, 2017, in which the customer requested $7,539.53 in damages based upon allegations that Vigil effected an unsuitable exchange of the customer’s retirement account into a variable annuity product.
Since October 21, 2014, Vigil has been associated with Infinity Financial Services.
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