Published on:

Broker Gregory Pease: Six Customer Complaints

Gregory Pease

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on December 25, 2016 indicate that Florida-based International Assets Advisory broker/advisor Gregory Pease has received several resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Pease (CRD# 2416561).

Gregory Pease has spent 22 years in the securities industry and has been registered with International Assets Advisory in Orlando, Florida since December 2016 and Wells Fargo Clearing Services in Red Bank, New Jersey and New York, New York since 2012. Preious registrations include Morgan Stanley Smith Barney in Red Bank, New Jersey; Morgan Stanley & Company in Red Bank, New Jersey; and Merrill Lynch in Bridgewater, New Jersey. He is a registered broker and investment adviser with 22 US states and territories.

According to his BrokerCheck report, Gregory Pease has been the subject of six customer complaints and one pending customer complaint.

In November 2016 a customer alleged Gregory Pease, while employed at Merrill Lynch, made unsuitable investment recommendations, and misrepresented and omitted material facts related to investments. The customer is seeking unspecified damages in the pending complaint.

In March 2015 a customer alleged Gregory Pease, while employed at Wells Fargo Advisors, executed an unsuitable number of trades and charged unsuitable fees. The complaint settled for more than $10,200.

In 2004 a customer alleged Gregory Pease, while employed at Merrill Lynch, made unsuitable investment recommendations and effected unauthorized transactions. The complaint settled for $137,500.

In 2004 a customer alleged he, while employed at Merrill Lynch, recommended unsuitable investments and misrepresented material facts. The complaint settled in 2005 for $100,000.

In 2002 a customer alleged he, while employed at Merrill Lynch, “invested aggressively in tech stocks at a time when the market was overvalued” and made investments that were “incompatible with his risk tolerance.” The complaint settled for $117,500.

In 2001 a customer alleged he, while employed at Merrill Lynch, acted negligently and breached his fiduciary duty. The complaint settled in 2003 for $518,000.

If you or someone you know has lost money investing with Gregory Pease, 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.