Syauching Hung (also known as June Hung), of Diamond Bar, California, a stockbroker registered with Voya Financial Advisors Inc., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $50,000.00 to $100,000.00 in damages based upon allegations that Hung made unsuitable recommendations and…
David Cameron Monckton of Columbia, South Carolina, a stockbroker registered with Voya Financial Advisors Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $60,000.00 in damages based upon allegations that Monckton made unsuitable investment recommendations in connection with the sale of real estate securities when Monckton…
Gregory Scott Young of Columbia, South Carolina, a stockbroker registered with Voya Financial Advisors Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $40,000.00 in damages based upon allegations that Young made unsuitable recommendations of structured steepener products and CDs when Young was associated with Voya…
William Colie Johnson of Greenville, South Carolina, a stockbroker formerly registered with Voya Financial Advisors Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $121,500.00 in damages based upon allegations that Johnson made unsuitable transactions with regard to the recommendation and sale of real estate…
Craig Eugene Friedrichsen of Topeka, Kansas, a stockbroker registered with Voya Financial Advisors Inc., is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested more than $100,000.00 in damages based upon accusations that Friedrichsen made misrepresentations in connection with the recommendation and sale of alternative investments including real…
James Travis Flynn (also known as Jim Flynn) of Greenville, South Carolina is identified in a customer initiated investment related FINRA securities arbitration claim in which the customers seek $1,500,000.00 in damages based upon allegations that Flynn made misrepresentations ccncerning investments made in a business development company and real estate investment trust by Flynn while…
Samuel Ray Head of Seneca, South Carolina, a stockbroker formerly registered with Voya Financial Advisors Inc., is referenced in a customer initiated investment related FINRA securities arbitration claim which was settled for $60,000.00 in damages based upon allegations of unsuitable trading by Head relating to a closed-end fund while Head was associated with Voya Financial…
Richard Harris Sall of Duluth, Minnesota, a stockbroker formerly registered with Voya Financial Advisors Inc., is referenced in a customer initiated investment related written complaint on January 10, 2020, where the customer sought $22,792.85 in damages based upon allegations of the customer being misled in regard to a variable annuity purchase that subjected the customer…
Peter Jerome Mersberger (also known as Pete Mersberger), of Sheboygan Falls, Wisconsin, a stockbroker formerly registered with Voya Financial Advisors Inc., is referenced in a customer initiated investment related arbitration claim which was settled for $25,000.00 in damages based upon accusations of Mersberger misrepresenting alternative investments, including a business development company and real estate security,…
Danny Jerome Young (also known as Danny Young), of Adel, Georgia, a stockbroker formerly registered with Voya Financial Advisors Inc., is identified in a customer initiated investment related FINRA securities arbitration claim in which customers requested $800,000.00 in damages based upon accusations that Young sold unsuitable real estate securities while he was registered with Voya…
James Travis Flynn (also known as Jim Flynn), of Greenville, South Carolina, a stockbroker formerly registered with Voya Financial Advisors, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $300,000.00 in damages based upon allegations of Flynn misrepresenting information about alternative investments during the time that…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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)…
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…
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…
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…
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…
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….
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…
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…
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…
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…
Frederick E. Monroe, Jr., of Albany, New York, a stockbroker formerly registered with Voya Financial Advisors, Inc., has been subject to fifteen customer initiated investment related arbitration claims from June 5, 2015, to February 8, 2016, in which customers have alleged that Monroe misappropriated the customers’ funds. Fourteen of the fifteen customer initiated arbitration claims…
Voya Financial Advisors, a broker-dealer headquartered in Des Moines, Iowa, was censured and fined $2,750,000.00 by Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm failed to supervise its variable annuity sales. Letter of Acceptance, Waiver and Consent, No. 2014039172901 (Nov. 2, 2016). According to the AWC, the firm’s supervisory failures pertained to…