Winston Turner - Winston Wade Turner, Financial Advisor Barred from Securities Industry
Goodman & Nekvasil, P.A. May Recover Investor Losses – Winston Turner - Winston Wade Turner, Financial Advisor Barred from Securities Industry
Winston Turner, Winston Wade Turner CRD #5965386
From 2013 until Winston Turner’s firing in 2015, Winston Turner was licensed with Pruco Securities, LLC. According to FINRA’s records, Winston Turner was fired by Pruco Securities, LLC on August 3, 2015. Pruco Securities, LLC reported to FINRA that Winston Turner made an unsuitable variable annuity recommendation, and that Winston Turner provided inaccurate information to Pruco Securities, LLC concerning the transaction. Pruco Securities, LLC also reported to FINRA that Winston Turner made payments to a client who was dissatisfied with the performance of her annuity contract.
Following Winston Turner’s firing by Pruco Securities, LLC, FINRA investigated Winston Turner and brought a disciplinary action against Winston Turner. Winston Turner was permanently barred from the securities and investment banking industry in August 2016. This sanction was based on findings that Winston Turner falsified information relating to variable annuity transactions, that Winston Turner circumvented his firm’s supervisory review process by misrepresenting the source of funds in variable annuity application materials in connection with exchanges by customers. FINRA also found that Winston Turner engaged in deceptive conduct by misrepresenting Winston Turner’s personal email addresses as the email address of Winston Turner’s customers, Winston Turner submitted documents bearing forged signatures of customers, and Winston Turner made payments to a customer from his own funds while creating the false appearance that the funds were coming from his firm.
FINRA reports that thirteen arbitration claims were filed alleging misrepresentation and omission of details by Winston Turner while Winston Turner was with Pruco Securities, LLC and MetLife Securities, Inc. These claims involving Winston Turner were all settled, with the largest being for $145,917.21, $78,439.97, and $75,507.39. FINRA also reports that another arbitration involving Winston Turner’s conduct is pending.
If you lost any money on investments with Winston Turner while he was employed with Pruco Securities, LLC (Jul. 2013 – Aug. 2015) or MetLife Securities, Inc. (Dec. 2011 – Jul. 2013), you may be able to recover your losses from Pruco Securities, LLC or MetLife Securities, Inc. This is because Pruco Securities, LLC and MetLife Securities, Inc. had a duty to supervise Winston Turner.
If you lost money on invetments with Winston Turner, and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Pruco Securities, LLC or MetLife Securities, Inc. concerning Winston Turner’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $170 million on behalf of victimized investors. If you lost money on investments with Winston Turner and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange
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