Randall George Skrabonja of Winter Park, Florida, a stockbroker registered with Green Vista Capital LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Skrabonja failed to provide information and documents to FINRA when it investigated possible violations of FINRA Rules. Letter of Acceptance, Waiver, and Consent No. 2023078789801 (June 26, 2023).
According to the AWC, Green Vista submitted a Form U5 indicating that the company terminated the stockbroker registration of Skrabonja for selling products without the company’s authorization. FINRA’s investigation into Skrabonja began with its examination of the Form U5 that Green Vista submitted.
On May 25, 2023, during its probe into the events leading to Skrabonja’s dismissal from Green Vista, FINRA asked Skrabonja to share some documents and information. As mentioned in his phone conversation with the regulator on June 8, 2023, Skrabonja confirmed he received its request but would not provide the requested documents or information. Therefore, Skrabonja violated FINRA Rules 2010 and 8210.
FINRA Public Disclosure shows that Skrabonja was referenced in three customer initiated investment related disputes concerning Skrabonja’s conduct while associated with securities broker dealers, including MetLife Securities Inc. On May 28, 2015, a customer filed an investment related complaint involving Skrabonja’s conduct in which the customer requested $14,221.10 in damages based upon allegations that Skrabonja made misrepresentations of material fact about features of variable annuities during the time that Skrabonja was associated with MetLife Securities Inc.
On October 10, 2016, a customer filed an investment related complaint involving Skrabonja’s conduct in which the customer requested compensation based upon allegations that Skrabonja made unsuitable recommendations of variable annuities when Skrabonja was associated with MSI Financial Services Inc.
On February 9, 2023, a customer initiated investment related FINRA securities arbitration claim involving Skrabonja’s conduct was settled for $7,500.00 in damages based upon allegations that Skrabonja made unsuitable recommendations of real estate securities and promissory notes when Skrabonja was associated with MetLife Securities Inc. FINRA Arbitration No. 21-01223. According to the claim, the recommendations were not consistent with the customer’s goal of preservation of principal and avoiding unnecessary risks.
Skrabonja was associated with Green Vista Capital LLC as a stockbroker from October 3, 2019, to May 16, 2013.
