Last Updated: September 2023 (Columbus, Ohio)
Joseph W. Moyer Investigation Summary
Here’s what you need to know about Columbus, Ohio, stockbroker Joseph Moyer:
- Name: Mr. Joseph William Moyer
- Current Employer: Kestra Investment Services
- Previous Firms: NFP Advisor Services, National Planning Corp., LPL Financial LLC, Moyer Financial Asseet Management Group, The O.N. Equity Sales Company, MML Investors Services, Parsons Securities, Transamerica Financial Resources, Equico Securities
- Function: Stockbroker / Financial Advisor
- Aliases: None
- Primary Location: Columbus, Ohio
- CRD #1020245
- Can Joseph William Moyer be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Has Prior Customer Disputes: Yes
- Has Outstanding Tax Liens: Yes
- Highest Customer Settlement: $933,404
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Joseph Moyer As Your Stockbroker?
In 1994 a customer of MML Investor Services was returned $993,404 to resolve allegations that Joseph William Moyer sold the customer a life insurance policy that she did not need.
In August 2020, a customer of LPL Financial alleged that Joseph Moyer sold the customer a variable life insurance policy that was misrepresented and unsuitable. The customer took no further action, and the firm closed the file.
In March 2021, a customer of LPL Financial alleged that Joseph Moyer misrepresented a variable life insurance product that was unsuitable causing damages of $189,000. The firm denied liability and as of this date the customer has taken no further action.
I Think My Account Has Been Mishandled. Should I Try to Settle My Case Directly with the Company?
From time to time we encounter situations where a customer has attempted to resolve their complaint for wrongdoing by dealing directly with the company. In virtually every situation we have seen, the company either denies the complaint, ie: “We did nothing wrong” or the company attempts to settle the case for a fraction of what it is worth.
Unless your complaint is very small, say $10,000 or less, in our opinion you are only wasting your time by dealing directly with the company. If you have meaningful damages we suggest you locate and hire a knowledgeable securities attorney as soon as you identify a problem.
Allegations of Broker Misconduct Against Joseph Moyer
Customers of Joseph Moyer have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Recommendation to purchase unsuitable variable life insurance policy
Joseph Moyer Has Outstanding Tax Liens
According to his CRD , Joseph Moyer has the following currently outstanding liens owed to the Internal Revenue Service, filed in Federal Court, Franklin County, OH:
- $59,040 filed 1/15/21
- $83,624 filed 1/15/21
- $103,679 filed 8/8/19
- $70,658 filed 9/2018
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Joseph William Moyer, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
