Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Phillips (Phillips), previously associated with Metlife Securities INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Phillips recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on October 29, 2021.
The complainant alleges that in or around 2006/2007, the rep made false statements and omitted known material facts in order to intentionally deceive the complainant when the rep advised him to sell the shares that the complainant held in the company CB&B.