Gregory Van Winkle: Customer Complaints, Regulatory Sanctions
Public records provided by the Financial Industry Regulatory Authority (FINRA) on May 20, 2016 indicate that Indiana-based broker Gregory Van Winkle has received customer complaints and regulatory sanctions. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Van Winkle (CRD# 1056407).
Gregory Van Winkle has spent 36 years in the securities industry and has been registered in Indianapolis, Indiana, since 2013. His registration history includes Securities America in Indianapolis (1995-2013); Linsco/Private Ledger Corporation in Boston, Massachusetts (1992-1995); American Express Financial Services in Minneapolis, Minnesota (1982-1992); and IDS Financial Services (1982-1986). He has passed seven securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on November 20, 2018; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 27, 1982; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on May 17, 1986; Series 22 (Direct Participation Programs Representative Examination), which he obtained on December 11, 1984; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on November 3, 1982; and Series 24 (General Securities Principal Examination), which he obtained on January 12, 1993. He is a registered broker with nine US states: Arizona, Florida, Georgia, Illinois, Indiana, Kansas, Ohio, Oklahoma, and Virginia.
According to his BrokerCheck report, he has received three regulatory sanctions and two customer complaints.
In 2017 the Indiana Department of Insurance sanctioned him in connection to a prior FINRA action. He was ordered to pay a civil penalty of $500.
In 2015 FINRA sanctioned him in connection to allegations he violated firm policy by signing a client’s name to “seven letters” which authorized fund disbursements totaling about $20,000 from that client’s variable annuity policy. According to FINRA’s findings, Mr. Van Winkle signed the letters without the customer’s knowledge or consent. He was issued a 20-day suspension and a fine of $5,000.
In 2013 he was terminated from his position at Securities America in connection to allegations he violated firm policy concerning client signatures.
In 2002 a customer alleged Gregory Van Winkle, while employed at Securities America, misrepresented material facts, committed fraud, and breached his fiduciary duty in connection to investments in variable annuities. The complaint settled for $80,000.
In 2002 a customer alleged Gregory Van Winkle, while employed at Securities America, failed to follow instructions concerning diversification of the account. The complaint settled for $83,000.
If you or someone you know has lost money investing with Gregory Van Winkle, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.