Tag Archives: AXA Advisors LLC

AXA Stockbroker Barred By FINRA For Failure To Cooperate In Investigation

December 07, 2020  |   Posted by :   |   Investment and Regulatory News   |   Comments Off on AXA Stockbroker Barred By FINRA For Failure To Cooperate In Investigation

Donald George Sperring Jr. of Pittsburgh Pennsylvania a stockbroker formerly registered with AXA Advisors LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Sperring failed to furnish information to FINRA after being questioned by the regulator. Case No. 2019062281401 (Oct. 15, 2019). FINRA […]

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AXA Stockbroker Sanctioned For Taking Funds From Customers

November 30, 2020  |   Posted by :   |   Customer Loans, Elder Financial Abuse, FINRA Securities Arbitration, Investment and Regulatory News   |   Comments Off on AXA Stockbroker Sanctioned For Taking Funds From Customers

Philip Anthony Simone of Irvine California a stockbroker formerly registered with AXA Advisors LLC has been fined $12,000.00 and suspended for eleven months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Simone borrowed funds from elderly customers and then failed to be forthcoming about it with […]

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AXA Stockbroker Barred By FINRA In Forgery Investigation

November 04, 2020  |   Posted by :   |   Forgery, Securities Arbitration Claims   |   Comments Off on AXA Stockbroker Barred By FINRA In Forgery Investigation

Jenna Kang (also known as Jihye Kang) of Los Angeles California a stockbroker formerly employed by AXA Advisors LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that she neglected to provide documents and information to the regulator while under investigation for falsifying customer […]

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Investors Bring FINRA Arbitration Claims Against AXA Advisors

July 29, 2020  |   Posted by :   |   Securities Arbitration Claims, Unsuitable Investment Recommendations, Variable Annuites   |   Comments Off on Investors Bring FINRA Arbitration Claims Against AXA Advisors

Clinton Robert Hare of Marriottsville Maryland a stockbroker and investment adviser representative currently employed by Equitable Advisors LLC (AXA Advisors) has been identified in a customer initiated investment related written complaint on July 2, 2019 where the customer sought unspecified damages founded on accusations that the customer had been placed into an unsuitable variable life […]

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Investors Accuse Infinity Financial Of Insurance Fraud

July 11, 2020  |   Posted by :   |   Investment and Regulatory News, Securities Fraud   |   Comments Off on Investors Accuse Infinity Financial Of Insurance Fraud

Ian Ha of Los Angeles California a stockbroker formerly registered with AXA Advisors LLC is the subject of a customer initiated investment related written complaint on April 21, 2020 in which the customer requested unspecified damages based upon allegations that misrepresentations had been made to the customer by Ha in regards to the exchange of […]

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AXA Stockbroker Sanctioned For Settling Away Customer Complaint

April 08, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on AXA Stockbroker Sanctioned For Settling Away Customer Complaint

Billy Hai Zhang of Los Angeles California a stockbroker formerly registered with AXA Advisors LLC has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Zhang was the subject of a customer initiated investment related complaint which he settled away from AXA […]

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FINRA Bars AXA Stockbroker In Investigation

April 08, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on FINRA Bars AXA Stockbroker In Investigation

Arnold Mariampolski of Woodbury New York a stockbroker formerly registered with AXA Advisors LLC has been barred by Financial Industry Regulatory Authority (FINRA) from associating with any FINRA member in any capacity based upon allegations that the stockbroker neglected to respond to its request for information about his activities. Case No. 2018061016801 (June 11, 2019). […]

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AXA Advisors Accused Of Bad Real Estate Investment Trusts

Chad Daniel Hornaday of Carlsbad California a stockbroker formerly registered with AXA Advisors LLC is referenced in a customer initiated investment related written complaint on May 7, 2019 in which the customer requested unspecified damages founded on allegations that the customer was placed into a real estate investment trust product that failed to be suitable. […]

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Investors Sue AXA Advisors For Bad Investment Strategy

Brent Stephen Spicuzza of Chesterfield Missouri a stockbroker formerly registered with AXA Advisors LLC is the subject of a customer initiated investment related arbitration claim in which the customer sought $1,100,000.00 in damages based upon allegations that the investment strategy Spicuzza used for the customer’s retirement accounts and brokerage accounts was unsuitable given the customer’s […]

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AXA Advisors Sanctioned By FINRA For Fraudulent Bond Sales to Retirement Accounts

AXA Advisors LLC a securities broker dealer headquartered in New York New York has been censured and fined $600,000.00 by Financial industry Regulatory Authority (FINRA) based on findings that (1) AXA Advisors made misrepresentations about the bonds sold to the firm’s retirement account customers and (2) AXA Advisors neglected to supervise its practices to ensure […]

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Investors Sue AXA Advisors For Misrepresentation

May 03, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Brandon Il Bay (also known as Young I. Bae) of Los Angeles California a stockbroker formerly registered with AXA Advisors LLC is the subject of a customer initiated investment related civil action brought in the Los Angeles Superior Court in which the customer sought unspecified damages supported by allegations that misrepresentations had been made to […]

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Investors Accuse MSI Financial Of Annuity Fraud

Brian Patrick Wells of Philadelphia Pennsylvania a stockbroker formerly registered with MSI Financial Services Inc. is referenced in a customer initiated investment related written complaint on March 1, 2017 in which the customer requested damages estimated to exceed $5,000.00 in damages based upon allegations that the customer was poorly advised concerning the purchases of a […]

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MML Investors Services Accused Of Annuity Fraud

February 20, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Peter Michael Terlecky III of Amherst New York a stockbroker formerly employed by MML Investors Services LLC is the subject of a customer initiated investment related written complaint which was settled on May 13, 2016 to resolve accusations that during the time Terlecky was associated with the firm he made misrepresentations to the customer concerning […]

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AXA Advisors Accused Of Insurance Fraud

February 19, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Matthew Klein of New York New York a stockbroker currently employed by AXA Advisors LLC is the subject of a customer initiated investment related written complaint which was settled for $25,261.00 on September 13, 2016 based upon allegations that misrepresentations were made to the customer concerning a life insurance policy that the customer purchased. Financial […]

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AXA Broker Suspended For Unauthorized Trading

Dennis Changseop Lee of Middle Villages New York a stockbroker formerly employed by AXA Advisors LLC has been fined $15,000.00 and suspended for nine months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he mismarked customers’ order tickets and failed to disclose his discretionary […]

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Regulator Investigates AXA For Bad Sales Practices

November 23, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Larry Dan George of Chattanooga Tennessee a stockbroker currently registered with AXA Advisors LLC is the subject of a June 26, 2017 Tennessee Department of Insurance investigation in reference to George’s sales practices while employed with the firm. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that George has been identified in two customer initiated […]

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AXA Accused By Investors Of Misrepresentation

September 28, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jon Saul Yasner of Edison New Jersey a current AXA Advisors LLC registered representative is the subject of a customer initiated investment related written complaint on July 30, 2018 in which the customer sought $8,069.85 in damages supported by accusations that misrepresentations had been made to the customer concerning a rollover of the customer’s fixed […]

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Investors Accuse AXA Advisors Of Bad Insurance

September 28, 2018  |   Posted by :   |   Investment and Regulatory News, Securities Arbitration Claims   |   0 Comments

Arnold Mariampolski of Woodbury New York a stockbroker currently employed by AXA Advisors LLC is the subject of a customer initiated investment related written complaint on July 6, 2018 where the customer sought unspecified damages founded on accusations that the customer was placed in an insurance policy that failed to address her financial objectives. Financial […]

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AXA Advisors Broker Barred Over FINRA Inquiry

September 27, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Oscar R. Galdamez of Los Angeles California a stockbroker formerly registered with AXA Advisors LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by allegations that he declined to honor FINRA’s requests for information concerning Galdamez’s sales practices. Case No. 2017054032101 (Dec. 11, 2017). Galdamez was […]

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Investors Accuse AXA Advisors Of Misrepresentation

September 27, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Henry Calvin McNeese of Alpharetta Georgia a former AXA Advisors LLC registered representative is referenced in a customer initiated investment related written complaint on September 13, 2017 where the customer sought unspecified damages founded on accusations that the customer’s variable universal life insurance policy had been misrepresented. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals […]

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AXA Accused By Investor Of Annuity Misrepresentation

September 12, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Patrick R. McEvoy of New York New York a stockbroker currently employed by AXA Advisors LLC is the subject of a customer initiated investment related written complaint on May 29, 2018 in which the customer sought $5,654.91 in damages based upon accusations that (1) misrepresentations had been made to the customer concerning a variable annuity […]

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AXA Stockbroker Song Won’t Sing

Simon Boowon Song of Los Angeles California a stockbroker formerly employed by AXA Advisors LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Song neglected to provide FINRA with a response to its request for information. FINRA Case No. 2017055196201 (Jan. 8, 2018). […]

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AXA Accused By Customer Of Annuity Fraud

April 08, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jason Chi-Wei Fu of Flushing New York is a stockbroker currently registered with AXA Advisors, LLC who is the subject of a customer initiated investment related written complaint on February 19, 2018 where the customer alleged that Fu (1) failed to inform the customer about the terms and conditions of investing in variable annuities and […]

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Regulator Investigates Sales Activities Of AXA Broker

March 16, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Dallas Dan George of New York New York is a broker currently employed by AXA Advisors LLC whose sales practices are subject of a Tennessee Department of Insurance investigation launched on June 26, 2017.   The Tennessee Department is coincidentally located in the Davy Crockett Tower, however, the Director is not, at last as of this writing, […]

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AXA Advisors Sued By Customer For Suitability

January 26, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

David Allan Cohen, of Rockville, Maryland, a stockbroker formerly registered with AXA Advisors, LLC, is the subject of a customer initiated investment related arbitration claim, in which the customer sought $80,000.00 in damages supported by accusations that Cohen made unsuitable investment recommendations to the customer concerning the customer’s purchase of an annuity and life insurance […]

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FINRA Fines AXA Broker For Outside Business Activities

Douglas E. Keller, of Woodbridge, New Jersey, a stockbroker formerly registered with AXA Advisors LLC, has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in undisclosed outside business activities. Letter of Acceptance, Waiver and […]

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AXA Sued By Customer For Misrepresentation

January 09, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Eric Christopher Erb of Babylon, New York, a stockbroker registered AXA Advisors, LLC, is the subject of two customer initiated investment related arbitration claims since he was fined $20,000.00 and suspended by Financial Industry Regulatory Authority (FINRA) for making unsuitable investment recommendations and misrepresentations about costs, fees and surrender penalties of annuities. Letter of Acceptance, […]

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AXA Stockbroker Barred For Failure To Cooperate

January 09, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Christian Desmond Fautz of Fort Myers, Florida, a stockbroker registered with AXA Advisors, LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations Fautz never provided FINRA with a response to its request for information about his business activities. Case No. 2017054319701 (Nov. 6, 2017). FINRA […]

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AXA Stockbroker Fined For Outside Business Activities

November 01, 2017  |   Posted by :   |   Selling Away and Outside Activities   |   0 Comments

Ryan Christopher Keller, of Woodbridge, New Jersey, a stockbroker formerly registered with AXA Advisors, LLC, has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in all capacities by consenting to findings that he engaged in unapproved outside business activities. Letter of Acceptance, Waiver and Consent, […]

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AXA Advisors Sued For Suitability

September 15, 2017  |   Posted by :   |   Variable Annuites   |   0 Comments

Joseph R. Dimauro, of New York, New York, a registered representative associated with AXA Advisors, LLC, was the subject of a customer initiated investment related written complaint on May 3, 2016, alleging that in 2014, Dimauro effected the purchase of variable annuities for the customer even though the annuities were not suitable. Financial Industry Regulatory Authority […]

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