Tag Archives: SunTrust Investment Services Inc

Investors Accuse SunTrust Of Providing Unsuitable Investment Advice

November 30, 2020  |   Posted by :   |   FINRA Securities Arbitration, Investment and Regulatory News, Unsuitable Investment Recommendations   |   Comments Off on Investors Accuse SunTrust Of Providing Unsuitable Investment Advice

Raul Jorge Benitez of Aventura Florida a stockbroker formerly registered with SunTrust Investment Services Inc. has been referenced in a customer initiated investment related written complaint which was resolved for $8,486.24 on March 11, 2019 founded on allegations that the customer had been provided with unsuitable investment advice by Benitez concerning a managed investment account. […]

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FINRA Bars SunTrust Stockbroker In Investigation

March 12, 2020  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Charles Lewis Bender III (also known as Chip Bender) of Coral Cables Florida a stockbroker formerly registered with SunTrust Investment Services Inc. has been barred from associating with any FINRA member in any capacity based upon allegations that Bender did not provide a response to the regulator’s request for information. Case No. 2019062079801 (Aug. 12, […]

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Investors Accuse SunTrust Of Misrepresentation

December 06, 2019  |   Posted by :   |   Bond Fraud, Investment and Regulatory News   |   0 Comments

Arthur Lee Boyd III of Lauderdale Lakes Florida a stockbroker formerly registered with SunTrust Investment Services Inc. is referenced in a customer initiated investment related written complaint which was settled for $10,000.00 on June 13, 2019 supported by allegations that (1) Boyd made misrepresentations concerning the risks of the bonds that he sold while employed […]

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Investors Sue SunTrust For Misrepresentation

Todd Joseph Thompson of Atlanta Georgia a stockbroker currently registered with SunTrust Investment Services Inc. is the subject of a customer initiated investment related written complaint on March 27, 2019 where the customer requested $19,367.00 in damages founded on allegations that false or misleading statements were made about terms of an equity indexed annuity that […]

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SunTrust Stockbroker Barred In FINRA Investigation

Phillip Andrew Johnson of Nashville Tennessee a stockbroker formerly employed by SunTrust Investment Services Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by allegations that Johnson refused to respond to a FINRA information request. Case No. 2018056846001 (Sept. 24, 2018). According to FINRA Public Disclosure, […]

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Regulator Sanctions SunTrust Broker For Forgery

March 07, 2019  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

Anthony Kevin Swart (also known as Tony Swart) of Longboat Key Florida a stockbroker formerly employed by SunTrust Investment Services Inc. is the subject of an Order issued by The State of Michigan Department of Licensing and Regulatory Affairs which directed Swart to withdrawal his securities agent registration in the State of Michigan based upon […]

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SunTrust Broker Discharged For Altering Investor Documentation

Ahmet Kildis of Hudson Florida a stockbroker formerly registered with SunTrust Investment Services Inc. has been discharged by the firm on March 13, 2018 based upon accusations that Kildis modified a customer’s signed documentation in violation of the firm’s policies. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Kildis has been identified in two […]

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SunTrust Accused By Investors Of Annuity Fraud

Kevin James Farrow of Orlando Florida a stockbroker formerly employed by SunTrust Investment Services Inc. is the subject of a customer initiated investment related written complaint on October 4, 2016 in which the customer requested $24,758.12 in damages supported by accusations that Farrow made misrepresentations to the customer by stating that the variable annuity purchased […]

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SunTrust Sued For Bad Mutual Fund Recommendations

Sandra Benain McKoy of Lauderdale Lakes Florida a stockbroker formerly registered with SunTrust Investment Services Inc. is referenced in a customer initiated investment related arbitration claim which settled for $50,000.00 in damages supported by accusations that McKoy (1) poorly advised the customer concerning mutual fund and variable annuity products and (2) placed unsuitable transactions in […]

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Investor Accuses SunTrust With Annuity Fraud

Leonardo Max Garcia of Coral Cables Florida a stockbroker formerly employed by SunTrust Investment Services Inc. is referenced in a customer initiated investment related complaint that was settled on August 28, 2018 for $17,875.00 in damages supported by accusations that (1) the customers were not provided information concerning the features and fees of variable annuity […]

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SunTrust Accused By Investor Of Unauthorized Purchases

Stephen Andrew Kelly of Gainesville Georgia a stockbroker currently registered with SunTrust Investment Services Inc. is referenced in a customer initiated investment related written complaint on November 7, 2017 where the customer sought $6,140.00 in damages founded on accusations that Kelly was placed in a fixed annuity without the customer’s grant of authorization. Financial Industry […]

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SunTrust Stockbroker Admits Forgery

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

Matthew Alan Morris of Hopewell Virginia a stockbroker formerly employed by SunTrust Investment Services Inc. 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 forged signatures on account documentation. Letter of Acceptance Waiver and Consent […]

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SunTrust Accused By Customer Of Annuity Suitability

Gary Craig Crenshaw of Raleigh North Carolina is a stockbroker currently registered with SunTrust Investment Services Inc. who is the subject of a customer initiated investment related complaint where the customer sought $15,067.00 in damages based upon accusations that a variable annuity was inappropriately sold to the customer during the time that the customer had […]

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SunTrust Stockbroker Fined For Unapproved Customer Loan

March 07, 2018  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Philip Andrew Johnson of Nashville Tennessee is a stockbroker formerly associated with SunTrust Investment Services Inc. who has been fined five thousand dollars and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he borrowed funds from a customer without authorization from the firm. […]

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SunTrust Sued By Customer For Misrepresentation

August 31, 2017  |   Posted by :   |   Bond Fraud   |   0 Comments

Robert Lee Hunt, of Coral Springs, Florida, a stockbroker formerly registered with SunTrust Investment Services, Inc., is the subject of a customer initiated investment related arbitration claim, where the customer was awarded $17,847.00 in damages on April 3, 2017, based upon allegations that he made misrepresentations and omissions to the customer concerning investments, negligently handled […]

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SunTrust Investment Services Stockbroker Barred

May 25, 2017  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Timothy John Reed, of Bristow, Washington, a stockbroker formerly registered with SunTrust Investment Services, Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he failed to provide a response to FINRA’s informational request. Letter No. 2016049929801 (Apr. 24, 2017). FINRA Public Disclosure also […]

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SunTrust Investment Services Stockbroker Fired

April 11, 2017  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Edward Lonnie Dover III, of Winter Park, Florida, a stockbroker formerly registered with SunTrust Investment Services, Inc., was terminated from employment on September 20, 2016, based upon allegations that he violated his firm’s procedures and policies concerning the handling of a customer’s fixed annuity transaction. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Dover […]

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