Category Archives: BB&T Investment Services

Anthony Mazzo-Former UBS Financial Broker-Discloses Customer Dispute

November 2016-Palm Beach, Florida

The FINRA records of  Anthony J. Mazzo,  a  stockbroker who is currently  employed by  BB&T Securities disclose 4 prior customer disputes that have been resolved, a currently pending customer dispute and a separation from employment after allegations.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In the currently pending matter, FINRA case#16-0458, a customer of Mazzo’s former employer, UBS Financial Services, alleges damages of $50,000 for an unsuitable investment recommendation and misrepresentation in connection with the purchase of shares in a unit investment trust.

Mazzo has been registered with BB&T Securities since 4/2016. Prior employment includes UBS Financial and Oppenheimer & Co.

 

If you have losses in an account in an account handled by Anthony Mazzo  contact us to discuss how you may be able to recover damages for those losses.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

BB&T Securities Fined $1 Million by Securities Regulator

December 5, 2014

BB&T Securities, LLC (formerly Clearview Correspondent Services) recently agreed to  a censure and to pay of fine of $1 million to the Financial Industry Regulatory Authority (FINRA).

The agreement was made to resolve FINRA allegations that ,between May 2010-August 2014, BB&T failed to properly report options positions in reports that are designed to identify holders of large positions who may be attempting to manipulate the market or otherwise violate securities rules and regulations.

FINRA Case#20110275374. Access settlement agreement here.

According to FINRA records, BB&T Securities operates, or has operated under the following alternative names:

  • BB&T CAPITAL MARKETS, A DIVISION OF BB&T SECURITIES
  • BB&T CAPITAL MARKETS/WINDSOR GROUP
  • BB&T SCOTT & STRINGFELLOW
  • CLEARVIEW CORRESPONDENT SERVICES, LLC

Rex Securities Law , located in Boca Raton, FL, provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Rex Securities Law

561 391 1900

Sandra McClure Former BB&T Broker Barred From Securities Industry

September 25, 2014-Lawrenceville, Georgia- Sandra N. McClure was permanently barred from the securities industry to resolve allegations that she refused to appear before FINRA to provide  testimony in connection with an investigation that she had been terminated by BB&T Securities for “failure to follow policy/procedure”.

Rex Securities Law , located in Boca Raton, FL, provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Rex Securities Law

561 391 1900

Richard Ewalt (BB&T Investment Services) FIned/Suspended by FINRA

June 2014-FINRA suspended Richard L Ewalt of Mt. Airy, Maryland, for a year and assessed a fine of $10,000 to resolve allegations that he affixed fake signatures or initials on customers on variable annuity forms, State of Maryland disclosure forms, firm client profile forms and IRA transfer forms in violation of firm policy.  The suspension if from June 16, 2014-June 15.2015.

According to FINRA records Ewalt was recently registered as follows:

  • BB&T Investment Services     6/2011-6/2013
  • Securities America          6/2009-6/2011
  • Ameriprise Financial     5/2009-6/2011

Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.  Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Rex Securities Law

561 391 1900