As an investor, you place a significant amount of trust in your financial advisor to manage your hard-earned money wisely. Unfortunately, not all advisors uphold the standards of their profession.
Mr. Randall Skrabonja was associated with Green Vista Capital LLC in Winter Park, FL until May 2023, and previously with Sagepoint Financial Inc. in Fort Lauderdale, FL. His conduct has led to a permanent bar by FINRA, stemming from allegations of “selling away” while he was affiliated with these firms.
The crux of the issue is that FINRA has sanctioned Mr. Skrabonja for his refusal to provide requested documents essential to their investigation into his termination from Green Vista Capital LLC. This firm filed a Form U5 ending Mr. Skrabonja’s employment due to his involvement in the sale of investments that were not officially offered by the firm—without obtaining the necessary approvals. Such activities not only breach firm protocols but can also lead to regulatory violations and expose clients to potentially risky investments.
Selling away is a serious violation within the investment community. It occurs when a broker sells investment products not approved by their employing firm, potentially putting clients at risk with unregulated and unsuitable investments.
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This situation is compounded by allegations from clients at both MetLife Securities Inc. and MSI Financial Service Inc., who have brought forward complaints against Mr. Skrabonja. These complaints involve the sale of unsuitable alternative investments and variable annuities, leading to financial damages for the clients involved.
At Meyer Wilson, we understand the distress and frustration that comes with investment losses, especially those resulting from unsuitable or unauthorized advice. Our dedication lies in providing investors with the necessary legal support to seek recovery of their losses. If you have been affected by the actions of Randall Skrabonja, I encourage you to come forward.
We specialize in helping investors across the United States on a contingency fee basis, meaning we advance all costs. The commitment to our clients is unwavering, and we stand ready to evaluate your case with the utmost care and professionalism.
Our lawyers are nationwide leaders in investment fraud cases.
Please do not hesitate to reach out to our team at Meyer Wilson. You can connect with us through our website, investorclaims.com, or give us a call at 866-938-2021. Your trust is paramount, and we are here to help restore it by pursuing justice on your behalf. Investing involves risks, but falling victim to unsuitable advice should not be one of them. Let’s work together to navigate these challenges and aim to recover what is rightfully yours.
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