Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Weiner (Weiner), previously associated with Pruco Securities, LLC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Weiner recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on March 31, 2022.
Without admitting or denying the findings, Weiner consented to the sanctions and to the entry of findings that he impersonated nine customers of his former member firm employer, during 19 telephone calls to the former firm’s insurance affiliate (the Carrier) to obtain information about the customers’ existing variable life insurance policies. The findings stated that Weiner impersonated the customers to facilitate the transfer of their policies from his former firm to his new firm, and ultimately four of them became Weiner’s customers at the new firm. Although the nine customers gave Weiner permission to obtain their information from the Carrier, the customers did not authorize Weiner to impersonate them.