Securities Lawyers Blog
The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that financial advisor Gregory Collier Sr. (Collier), currently employed by Raymond James Financial Services, Inc. (Raymond James Financial Services) has been subject to at least two customer complaints during the course of his career. According to records kept by The Financial Industry Regulatory Authority (FINRA), Mr. Colliers’s customer complaints alleges that Mr. Collier recommended unsuitable investments in various investments among other allegations of misconduct relating to the handling of their accounts.
In December 2019, a customer complained that Mr. Collier violated the securities laws by alleging that Mr. Collier engaged unauthorized trading. The claim settled in the amount of $200,000.
In July 2019, a customer complained that Mr. Collier violated the securities laws by alleging that Mr. Collier engaged in unsuitable investment advice, and poor portfolio management. The claim requested $25,000 in damages. The claim was denied.