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Written by 6:13 pm Blog, Current Investigations

Broker Ellen Vratoric Barred from Securities Industry

Ellen Vratoric

Ellen Vratoric – Huntington Investment Co. – Glassport, PA

According to the Financial Industry Regulatory Authority (FINRA) on June 1, the regulator has barred former broker Ellen Vratoric from the securities industry for allegedly failing to take part in two hearings looking into customer complaints regarding a variable annuity exchange.

Vratoric’s FINRA BrokerCheck report states that she was registered with The Huntington Investment Co. in Glassport, PA from March 2008 until she was discharged in March 2016.

The firm alleges that Vratoric had “an increased number of customer complaints and also during a routine branch review, a compliance specialist discovered a document integrity issue related to a variable annuity purchase. The document in question is 1035 paperwork. The signature page on the document was undated, there appeared to be use of white out and the signature page appeared to be re-used.”

For FINRA’s full findings see FINRA case number 2016049420501.

Failure to Supervise

The White Law Group is investigating potential claims involving the liability her employer may have for failing to properly supervise Ellen Vratoric.

When brokers abuse client accounts and conduct transactions that violate securities laws, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

If you are concerned about your investments with Ellen Vratoric and the Huntington Investment Co., the securities attorneys of The White Law Group may be able to help you recover your losses. For a free consultation with a securities attorney, please call the offices at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.


Tags: , , , , , , , , Last modified: June 6, 2018