Tag Archives: MetLife Securities Inc.

MetLife Stockbroker Barred For Elder Abuse

April 08, 2020  |   Posted by :   |   Elder Financial Abuse, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on MetLife Stockbroker Barred For Elder Abuse

Peter Orlando of Warwick Rhode Island a stockbroker formerly registered with MetLife Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a FINRA National Adjudicatory Council Decision containing findings that (1) a senior customer had been exploited by Orlando for financial purposes (2) bad […]

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FINRA Sanctions MetLife Stockbroker For Misrepresentation

December 13, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jerry Michael Wells of Rochester New York a stockbroker formerly registered with MetLife Securities Inc. has been fined $5,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Wells submitted false information to MetLife in regard to customers’ annuity transactions. Letter of […]

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Investors Accuse MetLife Securities Of Misrepresentation

Prentice Valiant Chevalier Jr. (also known as Val Chevalier) of Wall Township New Jersey a stockbroker formerly registered with MetLife Securities Inc. is referenced in a customer initiated investment related written complaint on October 9, 2019 where the customer sought more than $5,000.00 in damages supported by allegations that unfounded statements had been made by […]

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Regulators Bar MetLife Stockbroker For Fraud

James Paul Kolf of Madison Wisconsin a stockbroker formerly registered with MetLife Securities Inc. has been barred from being a stockbroker or an investment adviser or associating with securities broker dealers or investment advisories according to an Order Instituting Administrative Proceedings, Making Findings and Imposing Remedial Sanctions issued by Securities Exchange Commission (SEC) based upon […]

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MetLife Sued By Investors For Misrepresentation

William Roy Kimberlin of Dallas Texas a stockbroker registered with MetLife Securities Inc. is the subject of a customer initiated investment related arbitration claim in which the customer requested $15,000.00 in damages based upon accusations that securities laws had been violated by way of false and misleading statements being made to the customer about an […]

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MetLife Blamed By Investors For Bad Annuity Advice

Randall George Skrabonja of West Palm Beach Florida a stockbroker formerly employed by MetLife Securities Inc. is the subject of a customer initiated investment related written complaint on October 10, 2016 where the customer sought damages estimated to exceed $5,000.00 based upon accusations that Skrabonja gave the customer bad advice about purchasing a variable annuity […]

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FINRA Bars MetLife Stockbroker For Elder Abuse

Peter Orlando of Warwick Rhode Island a stockbroker formerly registered with MetLife Securities Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a FINRA Office of Hearing Officers Hearing Panel Decision containing findings that (1) Orlando made unsuitable investment recommendations to an elderly customer and […]

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Investors Accuse MetLife Of Mutual Fund Fraud

September 28, 2018  |   Posted by :   |   Investment and Regulatory News, Mutual Fund Fraud   |   0 Comments

John Vincent Blanchard of Marshfield Massachusetts a stockbroker formerly employed by MetLife Securities Inc. (now known as MSI Financial Services Inc.) is referenced in a customer initiated investment related written complaint on July 23, 2018 in which the customer sought damages estimated to exceed $5,000.00 supported by accusations that (1) misrepresentations had been made to […]

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MetLife Representative Accused Of Misrepresentation

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

Michael Todd Glucksman of Ocala Florida is a former registered representative of MetLife Securities Inc. who is the subject of a customer initiated investment related written complaint on July 11, 2016 in which the customer alleged that Glucksman induced the customer’s variable annuity purchase by making misrepresentations. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals […]

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FINRA Bars MetLife Stockbroker For Obstruction

Jasper Eugene Boykin Jr of Atlanta Georgia is a stockbroker formerly employed with MetLife Securities Inc. who has been has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to a FINRA Office of Hearing Officers Default Decision containing findings that Boykin obstructed a FINRA investigation into accusations […]

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MetLife Broker Charged With Impeding Investigation

Jasper E. Boykin, Jr., of Atlanta, Georgia, a registered representative formerly registered with MetLife Securities Inc., has been charged by FINRA Department of Enforcement in a Complaint alleging that he obstructed a FINRA investigation into allegations of his unapproved outside business activities. Department of Enforcement v. Jasper E. Boykin, Jr., No. 2016049508602 (Oct. 16, 2017). […]

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MetLife Securities Stockbroker Barred By FINRA

October 16, 2017  |   Posted by :   |   Selling Away and Outside Activities   |   0 Comments

Ronald Dolinger, of Dublin, Ohio, a stockbroker formerly registered with MetLife Securities Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to testify in a FINRA investigation into allegations of his outside business activities. Letter of Acceptance, Waiver and […]

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Metlife Stockbroker Suspended For Misrepresentation

September 15, 2017  |   Posted by :   |   Customer Loans, Selling Away and Outside Activities   |   0 Comments

William Roy Kimberlin, of Dallas, Texas, a stockbroker formerly registered with Metlife Securities Inc., has been fined $15,000.00 and suspended for eighteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he borrowed from customers without authorization, made misrepresentations to his firm, and participated […]

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Regulator Suspends MetLife Stockbroker For Misconduct

August 26, 2017  |   Posted by :   |   Variable Annuites   |   0 Comments

James Michael Picha, of St. Louis, Missouri, a registered representative for MetLife Securities, Inc., has been fined and suspended for ten months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he modified a customer’s insurance policy without authorization. Letter of Acceptance, Waiver and Consent, […]

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MetLife Securities Fires Stockbroker

August 02, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Jerry Michael Wells, of Rochester, New York, a stockbroker registered with MetLife Securities, Inc., has been terminated from employment on April 11, 2016, based upon allegations that he violated the firm’s policies in reference to customer account documentation, and failed to make required disclosures concerning new business applications. Financial Industry Regulatory Authority (FINRA) Public Disclosure […]

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MetLife Securities Broker Suspended By Regulator

June 08, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Jose J. Perez, of Orland Park, Illinois, a stockbroker formerly registered with MetLife Securities Inc., has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he effected an unauthorized transfer of a customer’s assets. Letter of Acceptance, Waiver and Consent, […]

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MetLife Securities Sued For Misrepresentation

Wayne Frederick Slattery Jr., of New York City, New York, a stockbroker formerly registered with MetLife Securities Inc., has been named in a customer initiated investment related written complaint on April 4, 2016, in which the customer’s damages are estimated to exceed $5,000.00 based upon allegations that Slattery induced the customer’s purchase of a variable […]

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Customer Sues MetLife For Annuity Fraud

May 18, 2017  |   Posted by :   |   Securities Arbitration Claims, Variable Annuites   |   0 Comments

Anthony Randall Bartlett, of Worcester, Massachusetts, a stockbroker formerly registered with MetLife Securities, has been named in a customer initiated investment related written complaint on May 13, 2016, in which the customer requested $41,686.62 in damages based upon allegations that Bartlett made misrepresentations to the customer concerning a variable annuity. Bartlett has been registered with […]

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Customer Arbitration Against MetLife Securities For Recommendations

May 05, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Howard Jay Rubin, of Murrieta, California, a stockbroker formerly registered with MetLife Securities, Inc., has been named in a customer initiated investment related written complaint on March 24, 2016, in which the customer’s damages are estimated to exceed $5,000.00, based upon allegations that Rubin made unsuitable investment recommendations to the customer concerning equity indexed annuity […]

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MetLife Customer Alleges Annuity Fraud

Brian J. Mocogni, of East Providence, Rhode Island, a stockbroker formerly registered with MetLife Securities, Inc., has been named in a customer initiated investment related written complaint on March 10, 2016, in which the customer requested more than $5,000.00 in damages based upon allegations that Mocogni made misrepresentations to the customer concerning a variable annuity […]

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MetLife Securities Representative Sanctioned For Annuity Twisting

March 21, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Armand Joseph Fisher, of Glastonbury, Connecticut, a registered representative formerly associated with MetLife Securities Inc., has been censured and fined $5,000.00 by The State of Connecticut Insurance Department based upon allegations that he effected the sales of annuity products for two customers that were not in the customers’ best interests. Case No. FC 15-54 (Sept. […]

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MetLife Securities Sued by Customer For Misrepresentation

Wayne David Kandas, of Tempe, Arizona, a stockbroker formerly registered with MetLife Securities, Inc., has been named in a customer initiated investment related written complaint on May 26, 2016, based upon allegations that Kandas made misrepresentations to the customer regarding variable annuity products. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Kandas has been […]

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Moorestown Stockbroker Arrested For Theft

Brian Patrick Murphy a registered representative associated with Signator Investors from July 2015 through July 2016, and with MetLife Securities, Inc. from December 2006 through December 2014, conducting business under the name “Murphy Financial Advisors” in Moorestown, New Jersey, was arrested January 13, 2017 and was charged with stealing $890,000 from a customer thought he […]

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MetLife Securities Named In Customer Arbitration Alleging Stockbroker Theft

Michael J. Smeriglio III, of Greenwich, Connecticut, a stockbroker formerly registered with MetLife Securities Inc., has been subject to a customer initiated investment related arbitration claim on June 26, 2015, which settled for $2,500,000.00 in damages based upon allegations that Smeriglio breached his fiduciary duty to the customer, stole the customer’s funds, and committed fraud. […]

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Pruco Securities Stockbroker Barred For Fraud

Winston Wade Turner of Sarasota, Florida, a registered representative with Pruco Securities, LLC, and MetLife Securities, Inc., was barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity per a FINRA Office of Hearing Officers Default Decision containing findings that Turner committed fraud pertaining to customers’ variable annuity purchases, partook in unauthorized […]

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MetLife Fined $20 Million For Lying about Annuities

MetLife Securities, Inc., headquartered in New York, New York, was censured and fined $20,000,000.00 by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm made negligent omissions and misrepresentations concerning annuity products, and failed to supervise annuity transactions. Letter of Acceptance, Waiver and Consent, No. 20140408700001 (May 3, 2016). According to the […]

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Pruco Securities Stockbroker Charged With Fraud

Winston Wade Turner, of Sarasota, Florida, a registered representative with Pruco Securities, LLC, and MetLife Securities, Inc., was charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement in a Complaint alleging that Tuner committed fraud in connection with customers’ variable annuity purchases, participated in unauthorized private securities transactions, and failed to cooperate with a […]

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