National investment loss lawyers KlaymanToskes reports broker Jeffrey Venuto (CRD# 4646766) has been terminated by Farmers Financial Solutions for alleged firm policy violations.
Investors that suffered losses with Jeffrey Venuto may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman for a free consultation at (888) 997-9956 or lawrence@klaymantoskes.com to discuss your recovery options. We do not collect attorney’s fees unless we obtain a financial recovery for you.
According to FINRA BrokerCheck, Jeffrey Alan Venuto was terminated from Farmers Financial Solutions on July 19, 2023 due to allegations that he violated the firm’s policies relating to using “company letterhead to solicit customers away from Farmers Insurance Group policies.”
Jeffrey Venuto was registered as a broker with Farmers Financial Solutions in Las Vegas, NV from 2003 to 2023. Venuto’s BrokerCheck report also discloses, in additional business activity, that he was doing business as Jeffery A. Venuto Insurance Agency, Inc.
Brokers/financial advisors and their firms have a fiduciary duty to recommend suitable investments that are in their customers’ best interests. When brokers and financial advisors choose to offer their customers securities that are unapproved by their firm, they may be subject to FINRA sanctions.
Further, FINRA-regulated brokers and advisors are required to disclose “outside business activities” to regulators and their firms. Investors can review their broker’s “outside business activities” by using FINRA’s free Brokercheck tool.
Investors that suffered losses with Jeffrey Venuto may have recovery options. Contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or lawrence@klaymantoskes.com for a free consultation to discuss legal options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lawrence@klaymantoskes.com
www.klaymantoskes.com