In May, 2016, the Financial Industry Regulatory Authority (“FINRA”) announced that Emanuel Vinea of New York, NY, formerly with UBS Securities of NY, NY was barred from association with any FINRA member as a result of his failure to appear for an on the record interview conducted by FINRA. FINRA’s investigation concerned whether Vinea had engaged in private securities transactions and outside business activities. Vinea initially complied with the investigation, but when pressed by FINRA for additional information, refused to cooperate, and consented to a permanent bar from the securities industry, rather than cooperating with the investigation.
Emanuel Vinea’s registration and disciplinary history
In order to lawfully sell investments to the public, a registered rep must either be registered or exempt from registration. Emanuel Vinea was registered with UBS Securities from December, 2011 thrugh April, 2015.
According to FINRA’s CRD disclosure report, Emanuel Vinea has been the subject of one regulatory investigation.
The Law Office of David Liebrader practices exclusively in the field of investment loss recovery. For the past 23 years, we have dedicated our law practice to assisting investors who have been victims of investment fraud via fraudulent and unsuitable investment transactions. During that time we have recovered money for over one thousand individuals, pension plans, trusts and companies. The recoveries we have obtained via judgments, awards and settlements on behalf of our clients exceed $40,000,000.
When investors contact our firm they can expect prompt attention, and a detailed analysis of their issues. Typical claims that we are asked to review involve “unsuitability (where a financial advisor makes investment recommendations that are inconsistent with a customer’s investment objectives), claims for “churning” (where a broker enters into an excessive number of trades for the purpose of generating commissions), claims involving illiquid investments such as private placements (I.e., real estate investment trusts, limited partnerships, equipment leasing and oil and gas drilling programs) as well as claims for violations of state securities laws, which often provide investors remedies like attorney’s fees and interest, if they are successful on the claim.
If you suspect that you have been the victim of investment fraud, or had a financial advisor recommend unsuitable investments to you, call us today for a free, confidential consultation at (702) 380-3131.