Tag Archives: FIrst Financial Equity complaint

Kirk Gill-Former Morgan Stanley Broker-Discloses Numerous Customer Complaints-Tucson, AZ

April 2017-Tucson, AZ

The FINRA records of  Kirk J. Gill ,  a  stockbroker who is currently  employed by  First Financial Equity Corp.  disclose 5 pending customer disputes and 7 prior final customer disputes.

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.

The currently pending disputes include:

  • FINRA Case 17-0335 – a customer of Gill’s  former employer Morgan Stanley Smith Barney alleges damages of $500,000 for unsuitable investments from 2010-2016.
  • FINRA Case 16-2230- another customer of  Morgan Stanley Smith Barney alleges damages of $500,000 for unsuitable investments from 2011-2015.
  • FINRA Case 16-1758-another customer of Morgan Stanley Smith Barney seeks  an unspecified amount for damages resulting from an overconcentration of high risk, unsuitable, equities from 2010-March 2016.

Kirk Gill has been employed by First Financial Equity Corp since 3/2016. He was with Morgan Stanley from 6/2009-4/2016.

If you have losses in an account in an account handled by Kirk Gill  , you may be able to recover damages through FINRA arbitration.

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

Brooke A. Clements Discloses Discharge From Merrill Lynch

Greenwood Village, Colorado

According to FINRA records, Brooke A. Clements a broker who has been  registered  with FIrst Financial Equity Corp, since  7/2015 , discloses that he was discharged from Merrill Lynch in 5/2015.

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.

Prior to joining First Financial Equity Corp. , Clements was registered with Merrill Lynch since 3/2007. In connection with his discharge  from Merrill Lynch in 5/2015, Merrill made the following allegations:

“allegations relating to providing user identification and password to another employee and exercising time and price discretion in non-discretionary accounts”

If you have losses in an account handled by Brooke A. Clements   you may be able to recover damages through FINRA arbitration.

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

Mark C. Quale-Discharged by First Financial Equity Corp.

Scottsdale, AZ

According to FINRA records, Mark C. Quale a broker who began working for First Financial Equity Corp. in 12/2005 discloses that he was discharged by First Financial Equity in March 2016. He also discloses 4 prior customer disputes that are final.

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 connection with his discharge  from First Financial Equity  in 3/2016, the company made the following allegations:

“Falsifying Client Signatures. Please see internal review disclosure for more detailed information”

In NASD Case 3-8708, a customer while Quale was employed by Merrill Lynch file an arbitration alleging unsuitable investments and failure to diversify. That case was settled for $550,000.

If you have losses in an account handled by Mark C. Quale   you may be able to recover damages through FINRA arbitration.

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

Kirk J. Gill-Former Morgan Stanley Broker-Discloses Numerous Customer Complaints-Tucson, AZ

UPDATE March 2017- FINRA records disclose that additional customer disputes against Kirk Gill have been made since our prior posting. There are now 6 pending and 7 final customer disputes naming Gill.

In February 2017 in FINRA case 17-0335 a customer of Morgan Stanley Smith Barney alleges damages of $500,000 for unsuitable investments made from 2010-2016.

In July in FINRA case 16-2230 a  customer of Morgan Stanley alleges damages of $500,000 for unsuitable investments from August 2011-November 2015.

In June 2016 in FINRA case #16-01758 a customer of Morgan Stanley alleged that from 2010 to March 2016, Gill over concentrated her investments in high risk and unsuitable equities. No damages are specified.

FINRA Case 15-0674 filed by a customer of Morgan Stanley alleges damages of $450,000  for making unsuitable recommendations for the customer’s account from October 2011 to November 2014.

May 2016–Tucson, AZ

According to FINRA records, Kirk J. Gill  a broker who has been  registered  with First Financial  Equity , since  3/2016  , discloses a pending customer dispute and 5 prior customer disputes that are final.

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.

Prior to joining First Financial Equity Corp. , Gill  was registered with Morgan Stanley  from 6/2009- 4/2016.

In pending FINRA Case 15-1538 a customer while Gill was employed by Morgan Stanley is seeking damages of $300,000 for unsuitable recommendations from 2007-2014.

If you have losses in an account handled by Kirk J. Gill  you may be able to recover damages through FINRA arbitration.

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

John J. Avey Discloses Termination from BOSC, Inc-Greenwood Village, CO

Greenwood Village, Colorado

According to FINRA records, John J. Avey a broker who has been  registered  with First Financial Equity , since  1/2016  , discloses a termination and 2 prior customer disputes that are final.

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.

Prior to joining First Financial Equity Corp. , Avey  was registered with BOSC from 5/2004-1/2016. In connection with his discharge  from BOSC in 1/2016, BOSC made the following allegations:

“when asked, representative admitted to knowingly submitting forms for processing with a signature for (name of customer redacted) which were not in fact signed by (name of customer redacted)”

If you have losses in an account handled by John J. Avey   you may be able to recover damages through FINRA arbitration.

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