William Benjamin Greenman of Bellmore, New York, a stockbroker registered with Equitable Advisors LLC, has been discharged by the securities broker dealer on November 21, 2022, based upon allegations that Greenman was the subject of a customer complaint. Public Disclosure reveals that on November 14, 2022 – a week prior to the termination – a customer filed an investment related complaint involving Greenman’s conduct in which the customer requested compensation based upon allegations that Greenman engaged in unauthorized trading in common and preferred stocks when Greenman was associated with Equitable Advisors LLC.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Greenman is referenced in three other customer initiated investment related disputes concerning Greenman’s conduct while associated with securities broker dealers. On March 14, 1999, a customer filed an investment related complaint involving Greenman’s conduct in which the customer requested $9,645.00 in damages based upon allegations that Greenman engaged in unauthorized trading when Greenman was associated with MS Farrell Co. Inc. The securities broker dealer denied the customer’s complaint.
On February 1, 2002, another customer filed an investment related complaint involving Greenman’s conduct in which the customer requested $40,351.00 in damages based upon allegations that Greenman engaged in unauthorized and excessive trading in over-the-counter equities and failed to follow instructions during the time that Greenman was associated with Ladenburg Thalmann Co. Inc. This complaint was denied.
Greenman was also referenced in a customer initiated investment related complaint that was settled on December 9, 2004, for $65,000.00 in damages based upon allegations that Greenman made unsuitable recommendations and charged excessive commissions in connection with the sale of over-the-counter equities.
Greenman was registered with Equitable Advisors LLC between December 21, 2018, and November 21, 2022.
