Roger Duval, formerly with MetLife Securities, Barred by FINRA
Have you lost money with financial advisor Roger Duval of Spokane, Washington? We are continuing to look into allegations made against Roger Duval. FINRA (the Financial Industry Regulatory Authority) barred Duval from the securities industry regarding allegations that he stole or converted $130,000 from customers’ accounts.
In 2019, the Washington Securities Division alleged that Duval made unauthorized withdrawals from customers’ accounts. Washington also alleged that Duval solicited loans from his customers, and that he solicited investors to invest in his company called Retirement Base Camp. Duval’s conduct violated industry rules and likely internal policies of his former brokerage firms, which included MetLife Securities (now MSI Financial), MML Investors Services, and Pruco Securities.
Roger Allan Duval was a financial advisor and registered representative of MetLife Securities (MSI Financial) from November 2007 to March 2017. He was also affiliated with MML Investors Services from March 2017 to September 2018, and with Pruco Securities from September 2018 to May 2019. He worked at branch offices in Spokane and Liberty Lake, Washington. He has been the subject of at least four judgments or liens.
Brokerage firms like MetLife Securities, MML Investors Services, and Pruco Securities have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Seattle, Washington; Vancouver, Washington; Denver, Colorado; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout the State of Washington and Spokane. Attorney David Neuman is licensed to practice law in Washington, Florida and Illinois. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including MetLife Securities and MML Investors Services.