FINRA Suspends Gregory Alan LeVine For Failure To Respond

FINRA suspended former registered broker Gregory Alan LeVine (CRD# 2401300) indefinitely on 01/29/2018, pending a request for information. This suspension is indefinite, until LeVine provides FINRA the information requested from him, or until it is converted into a complete bar from financial services. LeVine is currently not registered with any FINRA member. His last employer was First Allied Advisory Services, (CRD# 32444) of Fort Lauderdale, FL, where he is listed as currently employed, but not registered.

LeVine’s previous employers include:

Commonwealth Financial Network, (CRD# 8032) of Fort Lauderdale, FL, from 05/22/2009 to 07/16/2012
Morgan Stanley & CO. Incorporated, (CRD#8209) of Fort Lauderdale, FL, from 04/02/2007 to 05/26/2009
Morgan Stanley DW Inc. (CRD# 7556) of Fort Lauderdale, FL, from 08/20/2003 to 04/02/2007
Wachovia Securities, Inc., (CRD# 19616) of St. Louis, MO., from 07/01/2003 to 08/20/2003
Prudential Securities Incorporated (CRD# 7471), from 11/02/1993 to 07/01/2003

Prior to his suspension, there are five additional disclosures in LeVine’s record:

A customer filed a dispute on 11/29/2017 alleging that he loaned LeVine money, but LeVine not repay it. The loan was not approved by the firm. The client requested damages of $21,000; the firm settled for $18,000.
A customer filed a dispute on 11/15/2017 alleging that she loaned LeVine money, but he did not repay it. The loan was not approved by the firm. The client requested damages of $23,000; the firm settled for $23,000.
A customer filed a dispute on 10/13/2017 alleging that she made investments with LeVine outside of the firm, and that the money was never returned. The client requested damages of $155,000, and the firm settled for $155,000.
On 06/21/2017, First Allied Securities discharged LeVine citing his violation of firm policy, “by engaging in an alleged unapproved private securities transaction and failed to report a customer complaint alleging a trade was not authorized.”
A customer filed a dispute on 6/03/2015 alleging LeVine overcharged him for commissions for his brokerage account, and that his closed end mutual fund and REIT purchased were not suitable. The client requested damages of $8,310.14, and the firm settled for $2,589.74.

Contact Our Firm if You’ve Invested with Gregory Alan LeVine

Have you invested money with Gregory Alan LeVine? Silver Law Group represents investors in securities and investment fraud cases. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. Most cases handled on a contingent fee basis. This means that you won’t any pay legal fees unless we are successful. Call us toll free at 800-975-4345, or user our online contact form to get in touch.