Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on November 20, 2018 indicate that former New Jersey-based Buckman Buckman & Reid broker/adviser Randolph McNeill was recently sanctioned by FINRA in connection to alleged rule violations and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. McNeill (CRD# 4312991).
Randolph McNeill has spent 16 years in the securities industry and was most recently registered with Buckman Buckman & Red in Little Silver, New Jersey (2015-2018). Previous registrations include Garden State Securities in Scotch Plains, New Jersey (2009-2015) and Merrill Lynch in East Brunswick, New Jersey (2001-2009). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on July 3, 2001; SIE (Securities Industry Essentials Examination), which he obtained on June 19, 2018; and Series 7 (General Securities Representative Examination), which he obtained on April 4, 2001. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received two customer complaints and one regulatory sanction.
In September 2018 FINRA sanctioned him in connection to allegations he failed to respond to a FINRA request for information relating to unspecified matters. He was consequently suspended “until required information is provided to FINRA or the suspension converts to a bar.”
In 2015 a customer alleged Randolph McNeill, while employed at Garden State Securities, churned investments, made unsuitable investment recommendations, breached his fiduciary duty, committed fraud, and breached contract. The complaint settled in June 2016 for $62,500.
In 2011 a customer alleged Randolph McNeill, while employed at Garden State Securities, churned investments and charged excessive commissions. The complaint, from which he was dismissed, settled for $55,000.
In 2012 the New Jersey Department of Treasury filed a tax lien totaling $21,779 against him. The lien remains outstanding.
If you or someone you know has lost money investing with Randolph McNeill, 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.