Richard Ashleigh Fortune of Iselin New Jersey a stockbroker formerly registered with MSI Financial Services Inc. is referenced in a customer initiated investment related civil action brought in the New Jersey Superior Court of Middlesex New Jersey where the customer requested unspecified compensatory damages based upon accusations that (1) omissions had been made to the customer concerning the customer’s methods for liquidating funds from a variable annuity. Civil Action No. MID-L-4448-17 (Sept. 28, 2018).

FINRA Public Disclosure confirms that Fortune has been identified in five additional customer initiated investment related disputes containing allegations of his misconduct while he was associated with MSI Financial Services Inc. and Metropolitan Life Insurance Company. In particular, on February 8, 2008, a customer filed an investment related complaint regarding Fortune’s conduct in which the customer sought unspecified damages supported by accusations that the customer was placed in at least two variable annuities that were inappropriate and unsuitable for the customer.

Subsequently, on October 2, 2008, a customer initiated investment related complaint involving Fortune’s activities was resolved for $724,800.00 in damages based upon allegations that the customer was placed into a variable annuity which failed to reflect the products presented to the customer that the customer agreed to purchase.

Additionally, on March 12, 2015, customers filed an investment related complaint concerning Fortune’s activities where they requested unspecified damages based upon accusations that misrepresentations had been made concerning the features of variable annuities sold to the customers. Similarly, between March 25, 2015 and June 15, 2015, two more customers brought initiated investment related complaints in which they requested unspecified damages supported by allegations that they were induced into purchasing variable annuities because of misrepresentations about annuity features.

Since May 25, 2017, Fortune has been associated with MML Investors Services, LLC.

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Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

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