Archive

Charles Jonathan Evan of Wellesley Massachusetts a stockbroker formerly registered with New England Securities and MML Investors Services is the subject of a customer initiated investment related written complaint on September 4, 2020 in which the customer requested unspecified damages supported by allegations that the customer had been provided with misrepresented information in regards to […]

Roger Allan Duval of Bellevue Washington a stockbroker formerly registered with MML Investors Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded upon findings that he converted funds belonging to three customers of the securities broker dealer. Letter of Acceptance Waiver and Consent No. 2019062789901 […]

Bernard Joseph Audet of Newtown Square Pennsylvania a stockbroker registered with MML Investors Services and New England Securities is referenced in a customer initiated investment related civil action that was resolved for $8,000,000.00 in damages founded on allegations that a fiduciary duty that was owed to the customer had been breached by the stockbroker and […]

Adam Gerard Belardino of Elmsford New York a stockbroker formerly employed by MML Investors Services (Massachusetts Mutual life Insurance Company) has been identified in a customer initiated investment related written complaint which was resolved on May 8, 2020 for $51,133.06 in damages founded on accusations of misrepresentations as it pertained to a variable universal life […]

Dustin Michael Blount of Vicksburg Mississippi a stockbroker formerly associated with MML Investors Services LLC has been barred from associating with any FINRA member in any capacity supported by allegations that the stockbroker neglected to respond to FINRA’s request for information. Case No. 2019061481901 (Mar. 9, 2020). According to FINRA Public Disclosure, Blount was not […]

Thomas John Leone of Farmington Connecticut a stockbroker formerly registered with MML Investors Services is referenced in a customer initiated investment related written complaint which was settled on May 10, 2018 to resolve accusations that (1) the customer’s assets had been inappropriately transferred a number of times between annuities and mutual funds and (2) the […]

Nicola Ottavio Caporaso of Melville New York a stockbroker formerly registered with MML Investors is referenced in a customer initiated investment related written complaint which was resolved for $20,000.00 on January 26, 2018 supported by allegations that (1) Caporaso inappropriately advised customers to surrender their annuity investments and use the proceeds for managed account investments […]

Matthew Stanley Sinclair of Elmsford New York a stockbroker currently registered with MML Investors Services LLC has been fined by State of New York Department of Financial Services supported by accusations that Sinclair gave a customer life insurance documentation containing false information. Case No. 2017-0056-S (May 19, 2017). Financial Industry Regulatory Authority (FINRA) Public Disclosure […]

Richard Allen Grenda of Downers Grove Illinois a stockbroker formerly employed by MML Investors Services LLC is the subject of a customer initiated investment related arbitration claim where the customer requested $74,253.55 in damages based upon accusations that misrepresentations had been made to the customer about the terms and conditions of a variable annuity purchased […]

Robert Jay Myers of Greenwood Village Colorado a stockbroker formerly employed by MML Investors Services LLC has been fined $20,000.00 and suspended for one year 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 […]

Tyler James Woodward of Colorado Springs Colorado a stockbroker formerly registered with MML Investors Services LLC has been charged by Financial Industry Regulatory Authority (FINRA) Department of Enforcement in Complaint alleging that Woodward failed to cooperate in a FINRA investigation into allegations that he converted a customer’s funds. Department of Enforcement v. Tyler J. Woodward […]

Tyler V. Schultz of Meridian Idaho a stockbroker formerly registered with MML Investors Services LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by accusations that Schultz declined to provide FINRA information about his business activities or sales practices after it had been requested of him […]

Prentice Valiant Chevalier Jr. of Wall Township New Jersey a stockbroker formerly employed by MSI Financial Services Inc. is the subject of a customer initiated investment related written complaint on October 25, 2017 where the customer sought damages estimated to exceed $5,000.00 based upon accusations that Chevalier inappropriately advised the customer to apply variable annuity […]

Ronald Clemente Davis of Raleigh North Carolina a stockbroker formerly registered with MSI Financial Services Inc. is referenced in a customer initiated investment related arbitration claim which was settled to resolve allegations that Davis did not appropriately execute the customer’s instructions of liquidating an advisory account and variable annuity. Financial Industry Regulatory Authority (FINRA) Arbitration […]

Samiul Anam Chowdhury of Melville New York a stockbroker formerly employed by MML Investors Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on allegations that he failed to provide FINRA personnel with information that was requested of him. FINRA Case No. 2017053704401 (Dec. 4, […]

Milton Lyman Knowlton of Memphis Tennessee a stockbroker currently registered with MML Investors Servcies LLC is the subject of a Tennessee Department of Commerce and Insurance investigation launched on February 6, 2018 concerning allegations that Knowlton effected an unsuitable replacement of a customer’s annuity policy. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on […]

William Shane Milton Hall of Rochester New York a former MML Investors Services LLC registered representative has been discharged by the firm on January 16, 2018 founded on accusations that Hall failed to abide by the firm’s affiliate procedures and policies concerning traditional life insurance policy replacements. This is not the first time that Hall […]

Brian Patrick Hurley of Braintree Massachusetts a stockbroker formerly registered with MML Investors Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations of Hurley’s failure to provide FINRA personnel with information that was requested of him. Case No. 2017054610101 (Feb. 20, 2018). FINRA […]

Alyssa Jean Schultz of Milwaukee Wisconsin a stockbroker registered with MML Investors Services LLC has been terminated by the firm on December 8, 2017 founded on allegations that Schultz was subject of a customer complaint and failed to preserve records in accordance with the company’s policy. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that […]

David Craig Sundberg of Lincoln Nebraska a MML Investors Services LLC registered representative is the subject of a customer initiated investment related written complaint on March 15, 2018 in which the customer sought damages estimated to exceed $5,000.00 founded on accusations that Sundberg misrepresented the tax liability that the customer would be exposed to in […]

Oscar Francis of Fort Lauderdale Florida a stockbroker formerly registered with MML Investors Services, LLC is referenced in a Florida Department of Financial Services investigation that was launched on October 23, 2017 concerning the circumstances surrounding Francis’ termination from MML Investor Services. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Francis was terminated from […]

Connie Jo Binz, of Bryant, Arkansas, a stockbroker formerly registered with MSI Financial Services, Inc., has been named in a customer initiated investment related arbitration claim on June 17, 2016, in which the customer requested approximately $5,000.00 in damages based upon allegations that Binz misstated information to the customer in the course of effecting variable […]

Daniel James Lauletta, of Valley View, Ohio, a stockbroker formerly registered with Cetera Advisor Networks LLC, has been named in a customer initiated investment related civil action on February 18, 2015, in which the customer requested $455,000.00 in damages based upon allegations that Lauletta breached his contractual duties to the customer, and engaged in negligent […]

MML Investor Services, LLC, a broker-dealer headquartered in Springfield, Massachusetts, was censured by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm excessively charged customers concerning mutual funds transactions, and failed to have adequate supervisory procedures and protocols designed to make sure that eligible customers received waivers of sales charges. Letter of […]