Michael Paul Massey of Vero Beach, Florida, a stockbroker currently associated with Raymond James & Associates, Inc., is the subject of a customer initiated investment related written complaint, which settled on October 20, 2017, for $25,000.00 in damages supported by accusations that between December 10, 2012 and May 12, 2016, Massey positioned a stock that was not appropriate for the customer, and neglected to advise the customer concerning additional equity purchases.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Massey has been referenced in three additional customer initiated investment related disputes containing allegations of Massey’s misconduct while employed with Raymond James & Associates, Inc. Particularly, on April 17, 2000, a customer filed an investment related written complaint concerning Massey’s conduct, in which the customer sought $5,000.00 in damages based upon accusations of over-the-counter equity transactions having been effected in the customer’s account that the customer neither understood nor authorized.
Subsequently, on July 25, 2001, a customer filed an investment related written complaint regarding Massey’s activities, where the customer requested $5,000.00 in damages founded on allegations that annuity transactions failed to conform with the customer’s investment objectives and tolerance for risk. Thereafter, on August 30, 2010, a customer filed an investment related written complaint pertaining to Massey’s conduct, in which the customer requested $600,000.00 in damages supported by accusations that Massey executed mutual fund, stock and variable annuity trades that the customer never consented to.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
