The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against New Jersey-based brokerage firm TR Winston & Company, LLC (CRD# 10571).
Formed in Delaware in 2003, TR Winston & Company is headquartered in Bedminster, New Jersey and registered with 51 US states and territories. G. Tyler Runnels is Director, Chairman and Chief Executive Officer; John William Galuchie, Jr. is Director, President, Treasurer, Municipal President, and Co-Chief Compliance Officer; Melissa Anne Costine is Chief Compliance Officer; Jeffrey Lenox Criswell, Sr. is Secretary and Financial Operations Principal; Gale Ann Sancio is Secretary; Karen Kang Ting is Vice President.
According to the firm’s BrokerCheck report, TR Winston & Company is the subject of three regulatory sanctions and four customer complaints that evolved into arbitration.
In 2014 the New Jersey Bureau of Securities sanction TR Winston & Company following allegations the firm failed to provide customers with a fee schedule and failed to maintain a complete record of firm customer agreements. TR Winston & Company was issued a fine of $7,500.
In 2010 the Financial Industry Regulatory Authority (FINRA) sanctioned TR Winston & Company following allegations the firm made multiple failures in its reporting of securities transactions. The firm was censured and issued a fine of $22,500.
In 2006 a customer alleged TR Winston & Company breached its fiduciary duty, misrepresented material facts, engaged in unauthorized trading, misrepresented material facts, and recommended unsuitable investments in common stock, municipal bonds funds, and options. The complaint resulted in an award to the customer of more than $282,400.
In 2001 the National Association of Securities Dealers sanctioned TR Winston & Company following allegations, among others, the firm failed to report NASDAQ Smallcap and NASDAQ National Market securities within 90 seconds and failed to accept or decline eligible securities within twenty minutes after execution. The firm was censured and issued a fine of $20,000.
In 1995 a customer alleged TR Winston & Company engaged in churning, misrepresented material facts, and recommended an unsuitable investment. The complaint resulted in an award to the customer of $15,476.
In 1995 a customer alleged TR Winston & Company breached its fiduciary duty, churned an account, made unsuitable investment recommendations, and executed unauthorized trades. The complaint resulted in an award to the customer of $35,000.
If you have lost money investing or have complaints regarding TR Winston & Company, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be qualified to recover your losses. All cases are taken on contingency: we only get paid if and when you recover 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.