Erez Law is currently investigating former Raymond James & Associates, Inc. broker Brent Greninger (CRD# 5810070) regarding unsuitable investment recommendations. He has been registered with Buckman, Buckman & Reid, Inc. in North Palm Beach, Florida since January 2022. Previously, he was registered with Raymond James & Associates, Inc. in Weston, Florida from 2016 to 2022, when he was terminated regarding, “individual was discharged for violating the firm’s internal policy governing selling away.”
Brent Greninger Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
September 2021. “Claimants allege that FA recommended an unsuitable and unapproved outside private investment and also improperly recommended that Claimants fund the investment using margin.” The customer sought $500,000 in damages and the case was settled for $150,000. The complaint was regarding selling away, non-broker-dealer affiliate product, direct investments, private securities, and margin/stock loans.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Raymond James & Associates, Inc. may be liable for investment or other losses suffered by Brent Greninger’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.