Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on October 6, 2017 indicate that former New York-based Wells Fargo Clearing Services broker Gregg Kroner has received a customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Kroner (CRD# 1306360).
Gregg Kroner has spent 31 years in the securities industry and was most recently registered with Wells Fargo Clearing Services in New City, New York (2003-2017). He was previously registered with Prudential Securities Incorporated in New York, New York (1985-2003). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); and Series 7 (General Securities Representative Examination). He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint.
In 2004 a customer alleged Gregg Kroner, while employed at Prudential Securities Incorporated, recommended unsuitable investments and executed unauthorized transactions. The complaint settled in 2005 for $220,000.
Both FINRA rules and federal securities law prohibit brokers like Gregg Kroner from executing trades without a customer’s permission or authorization. There are some exceptions, including discretionary accounts and, under certain conditions, margin accounts. Brokers, investment advisers and firms who participate in unauthorized trading may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has lost money investing with Gregg Kroner, 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.