How to Bring a Claim Against Planmember Securities Corporation Financial Advisor Raymond Menna

Posted on Monday, February 12th, 2018 at 12:22 pm    

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Were you the victim of Planmember Securities Corporation financial advisor Raymond Menna (CRD# 1918097) who is alleged to engage in unauthorized trading, unsuitable investing and other securities violations? Menna has been registered with Planmember Securities Corporation in Farmingville, New York since 2010.

Menna has been the subject of two customer complaints between 2008 and 2017, one of which was denied, according to his CRD report:

November 2017. “[customer] alleges that Mr. Menna engaged in practices including unauthorized trading, unsuitable investing, misrepresentation and material omissions.” The customer is seeking $1 million in damages and the case is currently pending.

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, Planmember Securities Corporation may be liable for investment or other losses suffered by Menna’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.

Disclaimer: Clients are responsible for costs. Contingency fee is calculated before deducting costs incurred in the case.