Tag Archives: MSI Financial Services Inc.

Investors Sue MSI Financial Services For Fraud

Floyd Earl Powell of Albertville Alabama a stockbroker formerly employed by MSI Financial Services Inc. and MML Investors Services LLC has been identified in a customer initiated investment related arbitration claim which was resolved for $1,075,000.00 in damages founded on accusations that (1) investment information was falsified or concealed by the stockbroker in regard to […]

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Investors Sue MetLife For Fraud

Gary Wayne Hammond of Charlotte North Carolina a stockbroker formerly registered with MSI Financial Services (MetLife Securities) is the subject of a customer initiated investment related civil action brought in the North Carolina Superior Court in which the customer sought more than $25,000.00 in damages based upon allegations that (1) the customer had been provided […]

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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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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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Investors Accuse MSI Financial Of Misrepresentation

Kevin Keith Carriere of Glastonbury Connecticut a stockbroker formerly employed by MSI Financial Services Inc. is the subject of a customer initiated investment related written complaint which settled for $148,488.90 on May 22, 2017 founded on accusations that Carriere made misrepresentations to the customer in regard to the terms and conditions of a variable annuity […]

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MSI Financial Accused By Investors Of Fraud

October 04, 2018  |   Posted by :   |   Forgery, Investment and Regulatory News, Variable Annuites   |   0 Comments

Mark Andrew Cramer of LaRue Ohio a stockbroker formerly registered with MSI Financial Services Inc. is the subject of a customer initiated investment related written complaint which was resolved for $456,990.00 on June 11, 2018 founded on allegations that (1) Cramer provided documentation containing forged customer signatures to an insurance company so that he could […]

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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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Customer Blames MSI Financial Services For Omissions

June 21, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jeffrey Paul Weiner of Elmsford New York a stockbroker formerly employed by MSI Financial Services Inc. is referenced in a customer initiated investment related written complaint on February 15, 2018 in which the customer alleged that premium payment requirements were not communicated to the customer concerning a variable life insurance policy. Financial Industry Regulatory Authority […]

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FINRA Fines MetLife Broker For Unauthorized Trading

Kelly Marvin Barnett of Sarasota Florida a stockbroker formerly employed by MSI Financial Services has been fined $15,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he executed trades in customers’ accounts without authorization and falsified account documentation in […]

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MSI Financial Accused of Unsuitable Recommendations

Robert Phillip DiBella of Melbourne Florida a stockbroker formerly registered with MSI Financial Services Inc. is the subject of a customer initiated investment related written complaint on October 28, 2016 where the customer alleged that DiBella inappropriately advised the customer to buy an equity indexed annuity. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that […]

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Customer Accuses MSI Financial Of Misrepresentation

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

Rod I. Skaf of Dublin, Ohio, a stockbroker registered with MSI Financial Services, Inc., is the subject of a customer initiated investment related written complaint on September 12, 2017, where the customer requested $38,000.00 in damages based upon accusations that Skaf made misrepresentations to the customer relating to the terms and conditions of the customer’s […]

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MetLife Securities Named In FINRA Arbitration

June 13, 2017  |   Posted by :   |   Securities Arbitration Claims, Variable Annuites   |   0 Comments

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 […]

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MSI Financial Services Failure To Supervise

MSI Financial Services, Inc., a brokerage firm headquartered in Springfield, Massachusetts, has been censured by Financial Industry Regulatory Authority (FINRA) by consenting to findings that excessive fees were charged by the firm within customers’ accounts regarding mutual fund transactions, and that the firm did not appropriately supervise operations to protect customers from being overcharged. Letter […]

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MSI Financial Services Gets Customer Complaint

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

Thomas Damian McKenzie, a stockbroker formerly registered with MSI Financial Services, Inc., has been named in a customer initiated investment related written complaint on January 3, 2017, in which the customer requested $6,114.00 in damages based upon allegations that McKenzie failed to execute the customer’s instructions concerning the reallocation of sub-accounts in the customer’s variable […]

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Customer Complaint Against MSI Financial Services For Fraud

Thomas John Trea, of Newtown Square, Pennsylvania, a stockbroker formerly registered with MSI Financial Services, Inc., has been named in a customer initiated investment related written complaint on August 5, 2015, based upon allegations that Trea induced the customer’s variable annuity purchase based upon Trea’s misrepresentations. Financial Industry Regulatory Authority (FINRA) Public Disclosure also reveals […]

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MetLife Securities Sued By Customer For Misrepresentation

Mark A. Sutherland, of Moosic, Pennsylvania, a broker formerly registered with MSI Financial Services Inc, has been named in a customer initiated investment related written complaint on September 28, 2015, based upon allegations that Sutherland made misrepresentations to the customer concerning a variable annuity transaction which had been purchased by the customer in February of […]

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MSI Financial Services Annuity Complaints

April 20, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Anthony David Scott Sr., of Downers Grove, Illinois, a stockbroker formerly registered with MSI Financial Services, Inc. has been named in a customer initiated investment related written complaint on February 8, 2017, in which the customer requested more than $5,000.00 in damages based upon allegations that Scott failed to abide by the customer’s instructions concerning […]

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MSI Financial Services Sued In Customer Arbitration Alleging Unsuitability

February 14, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

James Paul Kolf, of Madison, Wisconsin, a stockbroker formerly registered with MSI Financial Services, Inc., has been named in a customer initiated investment related written complaint on January 30, 2017, in which the customer requested $8,113.06.00 in damages based upon allegations that Kolf omitted information concerning the surrender penalties on a variable annuity contract. Financial […]

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