Tag Archives: Voya Financial Advisors Inc.

Investors File Claims Against Voya For Unsuitable Alternative Investments

February 01, 2021  |   Posted by :   |   Alternative Investments, Investment and Regulatory News   |   Comments Off on Investors File Claims Against Voya For Unsuitable Alternative Investments

Samuel Ray Head of Columbia South Carolina a stockbroker formerly registered with Voya Financial Advisors Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer sought $85,000.00 in damages supported by accusations that the customer had been sold unsuitable business development company investments and real estate securities during […]

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Investors File FINRA Securities Arbitration Claim Voya Financial For Negligence

December 07, 2020  |   Posted by :   |   Investment and Regulatory News, Non-traded REITs, Stockbroker Negligence   |   Comments Off on Investors File FINRA Securities Arbitration Claim Voya Financial For Negligence

James Joseph Zegers of Albany New York a stockbroker formerly registered with Voya Financial Advisors Inc. has been referenced in a customer initiated investment related arbitration claim which was resolved for $34,000.00 in damages supported by allegations that the customer was negligently placed in NorthStar REIT while Zegers was associated with Voya Financial Advisors. Financial […]

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Voya Stockbroker Sanctioned For Hiding Investor Claims

October 08, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on Voya Stockbroker Sanctioned For Hiding Investor Claims

Harry Rosenberg of Woodcliff Lake New Jersey a stockbroker formerly registered with Voya Financial Advisors Inc. has been fined $8,000.00 and suspended for two months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Rosenberg failed to disclose that he was the subject of a customer’s dispute […]

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Voya Financial Stockbroker Accused Of Misrepresentation

August 27, 2020  |   Posted by :   |   Securities Arbitration Claims   |   Comments Off on Voya Financial Stockbroker Accused Of Misrepresentation

James David Crosson of Middletown Rhode Island a stockbroker formerly registered with Voya Financial Advisors Inc. is the subject of a customer initiated investment related written complaint which was settled on October 28, 2019 to resolve accusations that misrepresentations were made to the customers concerning the risks of buying Castle Brands and that the customers […]

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Voya Stockbroker Sanctioned For Selling Away

April 18, 2020  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on Voya Stockbroker Sanctioned For Selling Away

Alexander Jon James of Palm Beach Gardens Florida a stockbroker formerly registered with Voya Financial Advisors has been fined $10,000.00 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 and private securities transactions […]

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Voya Financial Advisors Sued For REIT Misrepresentation

April 18, 2020  |   Posted by :   |   Investment and Regulatory News, Non-traded REITs, Securities Arbitration Claims   |   Comments Off on Voya Financial Advisors Sued For REIT Misrepresentation

James Travis Flynn (also known as Jim Flynn) of Greenville South Carolina a stockbroker formerly associated with Voya Financial Advisors Inc. and IFS Securities is the subject of a customer initiated investment related arbitration claim in which the customer requested $350,000.00 in damages based upon allegations that misrepresentations and omissions had been made to the […]

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Investors Accuse Voya Financial Of Fraud

Jason R. Watson of Philadelphia Pennsylvania a stockbroker formerly associated with Voya Financial has been identified in a customer initiated investment related complaint on June 13, 2019 where the customer sought unspecified damages founded on accusations that the customer was defrauded and exposed to phony sales practices relating to the customer’s purchase of a universal […]

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Ameriprise Financial Services Stockbroker Barred In Theft Investigation

James Edward Knee (also known as Jim Knee) of Concord New Hampshire a stockbroker formerly registered with Ameriprise Financial Services Inc. is the subject of a customer initiated investment related written complaint on February 26, 2019 in which the customer requested $20,615.79 in damages based upon allegations that unfounded statements had been made concerning an […]

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Voya Financial Advisors Accused Of Misrepresentation

November 15, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Adam David Kaplan of Scottsdale Arizona a stockbroker currently employed by Voya Financial Advisors Inc. is referenced in a customer initiated investment related written complaint on September 13, 2019 in which the customer sought $69,275.00 in damages supported by accusations that unfounded statements had been made to the customer concerning the terms and conditions of […]

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Voya Sued By Investors For Bad Alternative Investments

James Travis Flynn of Greenville South Carolina a stockbroker formerly registered with Voya Financial Advisors Inc. is the subject of a customer initiated investment related complaint on August 26, 2019 in which the customers requested damages estimated to exceed $5,000.00 supported by allegations that (1) real estate security and direct investments failed to comport with […]

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Voya Sued By Investors For Bad Alternative Investments

Gregory Scott Young of Columbia South Carolina a stockbroker formerly employed by Voya Financial Advisors Inc. is referenced in a customer initiated investment related arbitration claim where the customer sought between $50,000.00 and $100,000.00 in damages supported by accusations that the customer had been placed into structured steepener notes and alternative investment products that failed […]

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Voya Discharges Stockbroker For Outside Activity

James Ernest Joly (also known as Jim Joly) of East Greenwich Rhode Island a stockbroker formerly registered with Voya Financial Advisors Inc. has been discharged on July 10, 2018 founded on accusations that (1) Joly preserved Voya Financial Advisors customer account documents that were signed but otherwise blank so that he could effect transactions in […]

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Voya Stockbroker Barred By FINRA In Investigation

Robert Daniel Witt of Libertyville Illinois a stockbroker formerly registered with Voya Financial Advisors Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon accusations that Witt failed to provide FINRA with information that was requested of him and then failed to seek termination of his […]

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Investors Sue Voya Financial For Stockbroker Theft

Frederick Eugene Monroe Jr. (also known as Fred Monroe) of Albany New York a stockbroker formerly registered with Voya Financial Advisors Inc. is referenced in a customer initiated investment related civil action brought in the Supreme Court of the State of New York where the customer sought $665,000.00 in damages founded on allegations that Monroe […]

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Voya Financial Admits To Failure To Supervise

Voya Financial Advisors Inc. a securities broker dealer headquartered in Des Moines Iowa has been censured by Financial Industry Regulatory Authority (FINRA) based upon findings that (1) the firm overcharged customers on their purchases of mutual funds by failing to apply sales charge discounts and (2) the firm neglected to supervise its mutual fund sales […]

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Voya Financial Broker Caught Selling Away

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

Suresh Basnet of Southfield Michigan a stockbroker formerly employed by Voya Financial Advisors 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 Basnet engaged in private securities transactions while associated with CoreCap Investments Inc. Letter of Acceptance Waiver and […]

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Voya Discharges Broker For Violating Suitability Rules

Ronald Jason Payne of Greenville South Carolina a stockbroker formerly registered with Voya Financial Advisors Inc. has been discharged by the firm on November 16, 2018 based upon accusations that (1) Payne neglected to abide by Voya Financial Advisors Inc. know your customer rules when establishing new customer accounts at the firm and (2) Payne […]

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Voya Stockbroker Barred In Investigation

James Travis Flynn of Greenville Securities a stockbroker formerly employed by Voya Financial Advisors Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that Flynn failed to comply with FINRA’s requests for information regarding his sales practices. Case No. 201705354701 (Sept. 4, 2018). According […]

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Investors Sue Investors Capital Sued For Breach Of Contract

Louis Alan Woolf of South Easton Massachusetts a stockbroker formerly registered with Investors Capital Corp. is the subject of a customer initiated investment related arbitration claim in which the customer requested $324,555.81 in damages founded on allegations that fiduciary and contractual obligations had been breached and the customer’s TNP Irving Square DST real estate security […]

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Voya Stockbroker Fined By Regulator Equity Index Annuity Sales

August 13, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Andrew Braxton Ruckstaetter of Chicago Illinois a stockbroker formerly employed by Voya Financial Advisors Inc. has been fined $10,000.00 and removed of his securities registration in the State of Wisconsin based upon on a Decision issued by the Wisconsin Office of the Commissioner of Insurance containing findings that misrepresentations had been made by Ruckstaetter in […]

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Voya Discharges Stockbroker For Unit Investment Trust Fraud

July 31, 2018  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Nicholas Ippolito III of East Brunswick New Jersey a stockbroker formerly registered with Voya Financial Advisors Inc. has been discharged by the firm on January 27, 2017 based upon allegations that Ippolito executed replacements of unit investment trusts for customers despite those investments failing to conform to customers’ investment horizons. Financial Industry Regulatory Authority (FINRA) […]

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Voya Discharges Stockbroker For Outside Business Activities

Peter Tinchu Po of Cupertino California a stockbroker formerly employed by Voya Financial Advisors Inc. has been discharged by the firm on August 4, 2015 founded on allegations that Po violated the firm’s policies by (1) engaging in undisclosed outside business activities and (2) discussing investments with the investor public without the firm’s permission. Financial […]

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Voya Discharges Stockbroker For Unauthorized Trading

May 17, 2018  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Jonathan Ryan Wiley of Long Island City New York a stockbroker employed by Voya Financial Advisors Inc. has been discharged by the firm on March 14, 2018 based upon accusations that Wiley exercised discretion in customer accounts in violation of the firm’s policies. Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally reveals that on February […]

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FINRA Bars Voya Stockbroker For Obstructing Investigation

James Edward Knee of Concord New Hampshire a stockbroker formerly registered with Voya Financial Advisors, Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he obstructed a FINRA investigation into allegations of his misappropriation of customer funds. Letter of Acceptance, Waiver […]

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Voya Stockbroker Fined By FINRA For Unauthorized Trading

April 06, 2018  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Joshua D. Bradley of Columbia South Carolina is a stockbroker formerly registered with Voya Financial Advisors Inc. who 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 effected discretionary trades in customer accounts when he […]

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VOYA Financial Sued By Customer For Misrepresentation

January 10, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Michael Todd Hogan of Plymouth, Minnesota, a stockbroker formerly registered with Voya Financial Advisors, Inc., is the subject of a customer initiated investment related written complaint on July 7, 2017, where the customer sought $350,000.00 in damages based upon accusations that Hogan made misrepresentations about variable annuity products, and made unsuitable investment recommendations to the customer. […]

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Voya Financial Advisors Sued For Churning

July 03, 2017  |   Posted by :   |   Churning, Excessive Trading, Securities Arbitration Claims   |   0 Comments

Rodger James Burskey, of Commerce Township, Michigan, a former stockbroker associated with Voya Financial Advisors, Inc., has been named in a customer initiated investment related arbitration claim, which settled on May 25, 2017, for $19,700.00 in damages based upon allegations that Burskey effected equities transactions in the customer’s account despite the transactions not having been […]

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Voya Financial Stockbroker Fired For Cause

James Travis Flynn, of Greenville, South Carolina, a stockbroker registered with Voya Financial Advisors, Inc., has been terminated from employment on February 10, 2017, based upon allegations that he misled the firm in the course of the firm’s investigation of a complaint that involved Flynn’s activities. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that […]

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Voya Financial Advisors Stockbroker Fired For Unauthorized Trading

May 18, 2017  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Robert Daniel Witt, of Libertyville, Illinois, a stockbroker registered with Voya Financial Advisors, Inc., has been terminated from employment on October 14, 2016, based upon the firm’s allegations that transactions were effected by Witt in a customer account despite the customer never having provided Witt with authorization. Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals […]

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Voya Financial Advisors Stockbroker Barred In Investigation

January 05, 2017  |   Posted by :   |   Churning, Investment and Regulatory News, Unauthorized Trading   |   0 Comments

Rodger James Burskey, of Commerce Township, Michigan, a stockbroker formerly registered with Voya Financial Advisors, Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity based upon consenting to findings that he failed to cooperate with FINRA in its investigation into allegations that Burskey made unsuitable […]

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