Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 1, 2018 indicate that Florida-based National Securities Corporation broker/adviser John Moy has received several customer disputes and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Moy (CRD# 848350).
John Moy has spent 40 years in the securities industry and has been registered with National Securities Corporation in Boca Raton, Florida since March 2018. Previous registrations include Morgan Stanley in West Palm Beach, Florida (2017-2018); Merrill Lynch in West Palm Beach, Florida (2005-2017); Wachovia Securities in St. Louis, Missouri (2003-2005); Prudential Securities in St. Louis, Missouri (2003-2005); Prudential Securities in New York, New York (1998-2003); Dean Witter Reynolds in Purchase, New York (1991-1998); Lehman Brothers in New York, New York (1988-1991); EF Hutton & Company (1986-1988); Laidlaw Adams & Peck (1984-1986); Painewebber (1984); Prudential-Bache Securities (1981-1984); Wheat First Securities (1980-1981); Brokers Exchange (1979-1980); and Salkin Welch & Company (1978-1980). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on January 13, 1994; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 20, 1981; Series 7 (General Securities Representative Examination), which he obtained on January 21, 1978; and Series 24 (General Securities Principal Examination), which he obtained on June 2, 1980. He is a registered broker and investment adviser with nine US states and territories: the District of Columbia, Florida, Georgia, Maryland, Michigan, New Jersey, North Carolina, Ohio, and Virginia.
According to his BrokerCheck report, he has received four customer complaints and was recently discharged from his former employer in connection to alleged rule violations.
in March 2018 he was terminated from his position at Morgan Stanley Wealth Management in connection to allegations “regarding his transition from another firm, including client allegations” that involved the opening of accounts.
In May 2017 a customer alleged John Moy, while employed at Merrill Lynch, recommended unsuitable investments in 2015. the complaint settled in November 2017 for $65,000.
In 2005 a customer alleged John Moy, while employed at Prudential Securities, provided incorrect information. The complaint settled for $17,593.
In 2001 a customer alleged John Moy, while employed at Prudential Securities, invested the portfolio too aggressively. The complaint settled in 2002 for more than $23,400.
In 1993 a customer alleged he, while employed at Shearson Lehman Brothers, acted negligently, committed fraud, breached his fiduciary duty, was negligent in his supervisory duties, and violated federal and state securities laws. The complaint settled for $32,809.
If you or someone you know has lost money investing with John Moy, 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.