{"id":3651,"date":"2016-07-13T00:00:00","date_gmt":"2016-07-13T05:00:00","guid":{"rendered":"https:\/\/stockbrokerfraudblog.blawgcloud.com\/2016\/07\/exprudential_financial_and_met"},"modified":"2022-03-22T16:09:50","modified_gmt":"2022-03-22T21:09:50","slug":"exprudential-financial-and-met","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/","title":{"rendered":"Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales"},"content":{"rendered":"<p>FINRA has banned Winston Wade Turner from the securities industry. The former Prudential (PRU) and MetLife (MET) broker is accused of engaging in deceptive variable annuities sales. Turner was fired from Pruco Securities, a Prudential subsidiary, in 2015. The cause of his firing was deceptive sales practices.<\/p>\n<p>Now, FINRA has barred him for a number of causes, including giving false information to clients about variable annuity sales, the fraudulent misrepresentation and omission of key facts to customers about the sales, providing false information in VA-related documents, and not giving testimony to the self-regulatory organization during its probe into this matter.<\/p>\n<p>According to the SRO, Turner fraudulently misrepresented and omitted material facts about VA sales and concealed that he had persuaded a lot of customers to give up existing variable annuities or other investments so that they would buy the newer VAs that he was selling. He is accused of persuading at least 12 clients to trade their existing investments for this purpose, costing them over $150K in surrender charges.\n<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/#more-3651\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FINRA has banned Winston Wade Turner from the securities industry. The former Prudential (PRU) and MetLife (MET) broker is accused of engaging in deceptive variable annuities sales. Turner was fired from Pruco Securities, a Prudential subsidiary, in 2015. The cause of his firing was deceptive sales practices. Now, FINRA has barred him for a number [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,3752,3853,3808,3884],"tags":[],"class_list":["post-3651","post","type-post","status-publish","format-standard","hentry","category-broker-fraud","category-financial-firms","category-metlife-securities","category-prudential","category-variable-annuities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales &#8212; Investor Lawyers Blog &#8212; July 13, 2016<\/title>\n<meta name=\"description\" content=\"FINRA has banned Winston Wade Turner from the securities industry. The former Prudential (PRU) and MetLife (MET) broker is accused of engaging in &#8212; July 13, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales &#8212; Investor Lawyers Blog &#8212; July 13, 2016\" \/>\n<meta name=\"twitter:description\" content=\"FINRA has banned Winston Wade Turner from the securities industry. The former Prudential (PRU) and MetLife (MET) broker is accused of engaging in &#8212; July 13, 2016\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales &#8212; Investor Lawyers Blog &#8212; July 13, 2016","description":"FINRA has banned Winston Wade Turner from the securities industry. The former Prudential (PRU) and MetLife (MET) broker is accused of engaging in &#8212; July 13, 2016","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/","twitter_card":"summary_large_image","twitter_title":"Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales &#8212; Investor Lawyers Blog &#8212; July 13, 2016","twitter_description":"FINRA has banned Winston Wade Turner from the securities industry. The former Prudential (PRU) and MetLife (MET) broker is accused of engaging in &#8212; July 13, 2016","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales","datePublished":"2016-07-13T05:00:00+00:00","dateModified":"2022-03-22T21:09:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/"},"wordCount":727,"articleSection":["Broker Fraud","Financial Firms","MetLIfe Securities","Prudential","Variable Annuities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/","url":"https:\/\/www.investorlawyers.com\/blog\/exprudential-financial-and-met\/","name":"Ex-Prudential Financial and MetLife Broker is Barred over Deceptive MetLife Variable Anuuity Sales &#8212; Investor Lawyers Blog &#8212; July 13, 2016","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2016-07-13T05:00:00+00:00","dateModified":"2022-03-22T21:09:50+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"FINRA has banned Winston Wade Turner from the securities industry. 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