Variable Annuities

MML Investors Services, LLC Broker Leon Almeida Variable Annuity Losses

Posted on Monday, December 2nd, 2019 at 1:08 pm    

Erez Law is currently investigating MML Investors Services, LLC broker Leon Almeida (CRD# 5645472) regarding variable annuity investment losses. Almeida has been registered with MML Investors Services, LLC in Paramus, New Jersey since 2017. Previously, Almeida was registered with MSI Financial Services, Inc. in Paramus, New Jersey from 2011 to 2017. Almeida has been the […]

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Former Transamerica Financial Advisors, Inc. Broker Pedro L. Gonzalez-Seijo Barred by FINRA for Stealing Customer Funds

Posted on Tuesday, July 16th, 2019 at 8:32 pm    

Former Transamerica Financial Advisors, Inc. broker Pedro L. Gonzalez-Seijo (CRD# 2182912) was barred by FINRA after it was found that he took $583,161.25 from his clients. Gonzalez-Seijo was president and owner of PGS Insurance, Inc. Gonzalez-Seijo was registered with Transamerica Financial Advisors, Inc. in San Juan, Puerto Rico from 2009 to May 2016, when he […]

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Were You a Victim of Former Mutual Of Omaha Investor Services, Inc. Financial Advisor Edward Matthes?

Posted on Monday, June 10th, 2019 at 1:36 pm    

Former Mutual Of Omaha Investor Services, Inc. financial advisor Edward Matthes (CRD# 2788055) was barred by FINRA regarding unsuitable variety annuity investment recommendations. Matthes was registered with Mutual Of Omaha Investor Services, Inc. in Oconomowoc, Wisconsin from 2012 to March 2019, when he was terminated regarding, “The representative was discharged for creating fictitious account statements […]

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How to Bring a Claim Against Barred Financial Advisor Phillip Johnson

Posted on Saturday, March 9th, 2019 at 12:28 pm    

  Were you the victim of barred financial advisor Phillip Johnson (CRD# 501352)? Johnson was registered with D.H. Hill Securities, Lllp in Kingwood, Texas from April 2016 to December 2017 and with Suntrust Investment Services, Inc. in Nashville, Tennessee from 2003 to 2015, when he was terminated regarding, “entered into a loan agreement with existing […]

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Woodbury Financial Services, Inc. Ordered to Pay 1.091 Million for Failure to Supervise Former Broker Robert Hoffmann

Posted on Wednesday, July 11th, 2018 at 7:16 am    

In June 2018, FINRA ordered Woodbury Financial Services, Inc. to pay the total sum of $1,091,575.21, which is comprised of $970,107.21 in compensatory damages and $121,468.00 in pre-judgment interest to two clients as a result of the firm’s failure to supervise former broker Robert Hoffmann (CRD# 4008798). The causes of action included breach of fiduciary […]

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Raymond James & Associates, Inc. Financial Advisor Logan Phillips Jr. Investment Losses

Posted on Sunday, March 11th, 2018 at 8:44 am    

Were you the victim of Raymond James & Associates, Inc. financial advisor Logan Phillips Jr. (CRD# 1248589), who is alleged to recommend unsuitable variable annuities, mutual funds and penny stocks? Phillips was registered with Raymond James & Associates, Inc. in Jackson, Mississippi from 2013 to 2016. Phillips has been the subject of nine customer complaints […]

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Barred Broker: Former LPL Financial LLC Financial Advisor Roger Zullo Charged with Selling Unsuitable Investments

Posted on Thursday, November 16th, 2017 at 2:12 pm    

Erez Law is currently investigating former LPL Financial LLC financial advisor Roger Zullo (CRD# 1882087) regarding the sale of large, illiquid and unsuitable high-commission variable annuities that generated substantial upfront profits. Zullo was registered with LPL Financial LLC in Boston, Massachusetts from 2004 to December 2016 when he was terminated regarding, “The Massachusetts Securities Division […]

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Former Pruco Securities, LLC Financial Advisor Winston Turner Barred by FINRA

Posted on Saturday, August 12th, 2017 at 9:45 am    

Erez Law is currently investigating former Pruco Securities, LLC financial advisor Winston Turner (CRD# 5965386) regarding falsified client information related to variable annuities. Turner was registered with Pruco Securities, LLC in Sarasota, Florida from 2013 to 2015, when he was terminated regarding, “Registered representative made an unsuitable variable annuity recommendation, provided inaccurate information to the […]

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