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Gregory Van Winkle , IFS, Terminated from Securities Firm

IFS SecuritiesFinancial Industry Regulatory Authority (FINRA) documents released on May 20, 2016 show that Indiana IFS broker Gregory Van Winkle has more than two dozen customer complaints. The investment recovery lawyers at StockBrokerLawyer.com are ready to help additional customer of Gregory Van Winkle and IFS to recover their lost investment. Mr. Van Winkle (CRD# 1056407).

Gregory Van Winkle has spent 33 years as a financial adviser and broker, and has worked for IFS Securities in Indianapolis, Indiana since 2013. Before that, he worked for Securities America in Indianapolis (1995-2013). He is a registered broker in nine US states: Arizona, Florida, Georgia, Illinois, Indiana, Kansas, Michigan, Ohio, and Virginia.

According to FIRNA, Gregory Van Winkle has received 25 customer complaints and two regulatory sanctions. These numbers alone are a bright and waiving “red flag” calling for further investigation of any losses.

In June 2015, FINRA sanctioned Gregory Van Winkle following allegations he signed a customer’s name to seven disbursement authorizations without the customer’s knowledge or consent. Mr. Van Winkle was issued a $5,000 fine and a 20-day suspension from the securities industry.

In 2014, a customer complained that Gregory Van Winkle, while employed at Securities America, violated the Indiana Securities Act, breached his fiduciary duty, misrepresented and omitted material facts, acted negligently, made an unsuitable investment recommendation, and breached contract. The complaint settled in 2015 for $80,000.

In 2013, a customer said that Gregory Van Winkle, while employed at Securities America, committed fraud, violated state securities law and FINRA rules, breached contract, and recommended unsuitable investments. The complaint settled in 2014 for $125,000. Settlements over $100, 000 indicate a higher level of damages, and are the type of complaint and securities claim that we at StockBrokerLawyer.com focus on.

In 2013, Gregory Van Winkle was terminated from his employment at Securities America following complaints that he violated firm policy.

In 2011, a customer filed a complaint against Gregory Van Winkle, while he was working at Securities America, saying that he had verbally expressed concerns about account losses. The complaint settled in 2012 for $170,000.

In 2011, a customer alleged Gregory Van Winkle, while employed at Securities America, committed fraud and acted negligently. The complaint settled in 2012 for $185,000.

In 2011, a customer brought forth that Gregory Van Winkle, while employed at Securities America, misrepresented material facts related to an investment. The complaint settled for $25,000.

If you have losses in your account, with Gregory Van Winkle, call (888) 986-7199 or write the investment recovery lawyers at StockBrokerLawyer.com for a free no-cost consultation. We can help recover your losses and seek other damages, too.

You can use the email form or chat on StockBrokerLawyer.com You may be entitled to recover your losses. We work on contingency: we are paid only when you are paid. Time is limited; delay is the favorite defense of the brokerage firms. Call 888-986-7199 now to speak to an attorney for a no cost evaluation.

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