JOSEPH A MEDINA

JOSEPH A MEDINA is currently employed as a Broker and/or Investment Adviser at CETERA ADVISORS LLC located at 555 MADISON AVE FL 5, NEW YORK, NY, 10022.

JOSEPH A MEDINA has worked at CETERA ADVISORS LLC since April 16, 2012

Disclosure History

JOSEPH A MEDINA has 7 Disclosure Event(s).

Date: February 06, 2018
Category: Customer Dispute
Allegations: Excessive fees/Unauthorized trades and defamatory comments
Damage Amount Requested: $350,000.00

Date: March 09, 2017
Category: Customer Dispute
Allegations: Misrepresented return on existing product and failed to return fees as promised.
Damage Amount Requested: $5,647.72

Date: August 01, 2014
Category: Judgment / Lien
Judgment/Lien Amount: $20,275.00
Judgment/Lien Type: Tax
Broker Comment: I SETUP A PAYMENT PLAN WITH NEW YORK STATE. THEY HAVE SENT ME A LETTER STATING THE PLAN PARAMETERS. I RECENTLY WENT THROUGH A VERY BAD DIVORCE-UNFORTUNATELY IT TOOK ALL OF MY INCOME. THAT IS WHY I HAD TO SET UP A PAYMENT PLAN.

Date: July 08, 2014
Category: Customer Dispute
Allegations: THE ESTATE'S CLAIM ARISES FROM THE SALE OF A LIFE INSURANCE PRODUCT. FAILURE TO SUPERVISE THE SALE, AND FAILURE TO SUPERVISE THE CANCELLATION OF THE INSURANCE POLICY PRIOR TO CLAIMANT'S DEATH.
Damage Amount Requested: $500,000.00
Settlement Amount: $50,000.00
Broker Comment: Case was settled for return of initial premium with no admission of guilt by either party.

Date: January 25, 2011
Category: Customer Dispute
Allegations: 1/25/11 CLIENT ALLEGES LOSS IN MANAGED ACCOUNT AFTER ACCOUNT WAS TRANSFERRED AWAY TO OTHER REPRESENTATIVE.
Damage Amount Requested: $21,000.00
Settlement Amount: $9,856.62

Date: January 03, 2011
Category: Employment Separation After Allegations
Firm Name: CHASE INVESTMENT SERVICES CORP
Termination Type: Discharged
Allegations: LOSS OF CONFIDENCE. MULTIPLE CUSTOMER COMPLAINTS.
Broker Comment: I DISPUTE THE CHARACTERIZATION OF MY FORMER FIRM THAT I HAVE HAD "MULTIPLE" COMPLAINTS. I AM AWARE OF ONLY TWO COMPLAINTS WHILE AT CHASE. ONE WAS RESOLVED WHILE I WAS AT CHASE. THE SECOND COMPLAINT AROSE AFTER I LEFT MY FORMER FIRM AND WAS FROM AN ACCOUNT THAT ONCE WAS MINE BUT HAD BEEN RE-ASSIGNED TO ANOTHER REPRESENTATIVE.

Date: September 30, 2008
Category: Customer Dispute
Allegations: CLIENT ALLEGES MISREPRESENTATION RELATING TO A MUTUAL FUND INVESTMENT.
Damage Amount Requested: $6,584.76
Settlement Amount: $1,361.91
Broker Comment: THIS COMPLAINT WAS MADE DIRECTLY TO THE BRANCH MANAGER IN CHARGE AT THE TIME. THE CUSTOMER COMPLAINING CLEARLY STATES IN HER LETTER THAT THE BRANCH MANAGER TOLD HER THAT SHE WAS BUYING A BOND THAT WAS PAYING A 5% YIELD. THE REASON I HAVE RECIEVED THIS COMPLAINT IS BECAUSE THE BRANCH MANAGER IS NOT SERIES 7 LICENSED AND CAN NOT BE DOCUMENTED ON FINRA.

More Information

All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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