Winston Turner, Pruco Securities, and Metlife Securities

Have you lost money with financial advisor Winston Turner of Sarasota, Florida?  We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Winston W. Turner. FINRA barred Winston Turner from the securities industry after he failed to respond to a complaint that FINRA filed against him in February 2016.  FINRA also alleged that he made misrepresentations in connection with variable annuity sales.

FINRA alleged that Winston Turner engaged in a “course of deception” by exchanging variable annuities on his clients’ behalf.  Some of these clients incurred large surrender charges to make these exchanges.  Moreover, it was alleged that Turner forged some of his customers’ signatures.  It was also alleged that Turner failed to respond adequately to FINRA’s requests for documents and information.

Winston Turner was a financial advisor and registered representative of Pruco Securities from July 2013 to August 2015.  He also worked with Metlife Securities from December 2011 to July 2013.  He worked at branch offices in Sarasota, Florida and Flowery Branch, Georgia.

Brokerage firms like Pruco Securities have a responsibility to adequately supervise all representatives who are registered through their firm.  Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies.  When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and the Seattle area.  We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Florida and Georgia. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including LPL Financial, Merrill Lynch, Morgan Stanley, Smith Barney, Stifel Nicolaus & Company, UBS Financial Services, Oppenheimer, Charles Schwab, Wells Fargo Advisors, Ameriprise Financial Services, Raymond James, ProEquities, Securities America, National Securities Corp., and many others.

Click to view: Turner FINRA Order

Click to view:  Turner BrokerCheck 2.26.16 (1)

HAVE YOU LOST MONEY WITH WINSTON TURNER, PRUCO SECURITIES, OR METLIFE SECURITIES?

             CONTACT ISRAELS & NEUMAN, PLC FOR A FREE CASE EVALUATION

                Denver Office: (720) 599-3505

                Seattle Office: (206) 795-5798