Winston Wade Turner— Unsuitable Variable Annuity Recommendations
Winston Wade Turner Allegedly Made Unsuitable Variable Annuity Recommendations Involving Numerous Customers
Winston Wade Turner allegedly made unsuitable variable annuity recommendations involving numerous customers, according to a recent Complaint from FINRA’s Department of Enforcement currently under review by attorneys Jason Kane and James Booker.
Winston Wade Turner also allegedly provided inaccurate information concerning the aforementioned transaction, whilst also fraudulently misrepresenting and omitting material facts to customers, the aforementioned Complaint notes.
The Peiffer Wolf Carr & Kane securities lawyers are currently investigating Winston Wade Turner’s alleged unsuitable variable annuity recommendations.
Winston Wade Turner Barred for Providing False Information and Engaging in Deceptive Acts Regarding the Sales of Variable Annuities
Winston Wade Turner organized an entity called H&S Securities, LLC as a Georgia Limited Liability Company, and allegedly disclosed a supposed affiliation with “H&S LLC,’ which he described as rental property co-ownership, according to the aforementioned Complaint being examined by attorneys Jason Kane and James Booker.
Winston Wade Turner also, from late 2012 through July 2015, allegedly sold variable annuities to the 12 customers, and also allegedly persuaded some clients to exchange annuities, subjecting clients to pay surrender charges, whilst simultaneously producing additional personal commissions, the Complaint also notes.
Winston Wade Turner, by virtue of the aforementioned behavior and allegedly providing false information and engaging in numerous deceptive acts in connection with his variable annuity sales,, allegedly violated FINRA Rules, and thus has been barred by FINRA, the Complaint also reports.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of alleged unsuitable variable annuity recommendations, and are currently investigating Winston Wade Turner’s alleged unsuitable variable annuity recommendations. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Winston Wade Turner’s alleged unsuitable variable annuity recommendations are encouraged to contact the securities lawyers at the Cleveland office of Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140.