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Signature Securities Broker Philip Beviano Jr. Investment Loss Options

Posted on Thursday, June 24th, 2021 at 10:41 pm    

Signature Securities

Were you the victim of Signature Securities broker Philip Beviano Jr. (CRD# 2516187)? Beviano has been registered with Signature Securities in Boca Raton, Florida since 2009. 

Beviano has been the subject of 11 customer complaints between 2005 and 2021, three of which were denied, according to his CRD report. Recent complaints are regarding: 

February 2021. “Client alleges Financial Loss due to misleading statements and faulty investment advice.” The customer is seeking $130,000 in damages and the case is currently pending. The complaint was regarding private placements.

January 2021. “Client alleges breach of fiduciary duty, breach of contract, material misrepresentations and omission and negligence.” The customer is seeking $86,000 in damages and the case is currently pending. The complaint was regarding private placements.

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, Signature Securities may be liable for investment or other losses suffered by Beviano’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.