Sam Rine (CRD#: 4305797), a registered representative with Raymond James & Associates, Inc. (CRD#: 705) in West Palm Beach, Florida, is currently involved in a $7 million customer dispute over unsuitable investments, according to his BrokerCheck record accessed on January 3, 2020. What happened to lead to this dispute? The client, who filed a customer complaint on November 27, 2019, alleges that Sam Rine recommended unsuitable investments. The alleged conduct in question occurred between October 2011 through February 2019.
This is not the only disclosure on Sam Rine’s BrokerCheck record. On October 6, 2008, a customer alleged that Sam Rine “purchased equity positions without his authorization.” The dispute has since settled.
Sam Rine has worked in the securities industry for 18 years. Over his career in the securities industry, Sam Rine has worked for four brokerage firms. In addition to his current position with Raymond James & Associates, Inc. (CRD#: 705) in West Palm Beach, Florida, Sam Rine has also worked for:
- Morgan Stanley (CRD#: 149777) in West Palm Beach, Florida
- Morgan Stanley & Co. Incorporated (CRD#: 8209) in Boca Raton, Florida
- Citigroup Global Markets Inc. (CRD#: 7059) in Boca Raton, Florida
Sam Rine is registered to sell securities in Alabama, California, Colorado, Delaware, Florida, Georgia, Indiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Rhode Island, South Carolina, Texas, Vermont, Virginia, and Washington. He has passed the Series 65 – Uniform Investment Adviser Law Examination, Series 63 – Uniform Securities Agent State Law Examination, SIE – Securities Industry Essentials Examination, and the Series 7 – General Securities Representative Examination. He is registered with FINRA, NYSE American LLC, Nasdaq PHLX LLC, Nasdaq Stock Market, and the New York Stock Exchange.
If Sam Rine was your broker and you have concerns about your investments, don’t hesitate to contact a securities attorney to learn about your options for recovery. Call the securities attorneys of Fitapelli Kurta at 877-238-4175 or email email@example.com for a free consultation.