Ronnie Metcalf In Voya Financial Investor Disputes

Voya Financial Advisors Clients Allege Failure To Supervise In Disputes About Securities Broker Ronnie Metcalf

The Financial Industry Regulatory Authority (FINRA) reports important information relating to securities broker Ronald Franklin Metcalf Jr. (“Ronnie Metcalf”) (CRD#: 1280602, Greenville, South Carolina). Evidently, until June 2021, Metcalf worked for Voya Financial Advisors as a securities broker and financial advisor. Notably, nine investors disputed Metcalf’s sales practices, mainly alleging supervision failures that resulted in unsuitable securities sales.

Voya Financial Advisors Client Alleges Ronnie Metcalf Failed To Supervise

Notably, a client of Voya Financial Advisors disputed Ronnie Metcalf’s sales practices in April 2021. This FINRA Arbitration Claim alleges that Metcalf failed to supervise representatives. Supposedly, a securities broker under Metcalf’s management sold a real estate security to a client resulting in damages. For this reason, the client asked for $500,000 to resolve this ongoing matter.

Client Of Voya Financial Alleges Bad Real Estate Security Trades

Also, appears that a second client of Voya Financial Advisors took aim at Ronnie Metcalf’s supervision. Evidently, in this March 2021 FINRA Arbitration Claim, the client contends that Metcalf inadequately supervised those who sold a real estate security. Because of this, the client asked for $500,000 in this ongoing matter.

Failure To Supervise Alleged In Prior Disputes About Ronnie Metcalf

Further, in a July 2020 dispute, a client brought a dispute about Ronnie Metcalf’s supervision of securities brokers at Voya Financial Advisors. Namely, the client contends that Metcalf failed in his dusty to supervise the people who sold a variable annuity, real estate security, and unit investment trust to the client. Supposedly, the client should not have invested in REITs, UITs, or other securities, and these unsuitable transactions resulted in damages. Evidently, Voya Financial Advisors paid $3,500,000 to this client to resolve this dispute.

Voya Financial Advisors Client Receives $5M To Settle Dispute Relating To Metcalf’s Supervision

Moreover, in a fourth dispute reported on Ronnie Metcalf's BrokerCheck record, a client of Voya Financial Advisors alleges losses or damages from variable annuities, REITs, and UITs. Supposedly, in this July 2020 matter, Metcalf purportedly deficiently supervised the brokers or financial advisors recommending these products. Evidently, Voya Financial Advisors opted to resolve this matter by paying the client $5,050,000.

Losses By Investing Through Voya And Ronnie Metcalf?

Apparently, securities broker Ronnie Metcalf denies allegations of sales practice violations. Have you experienced investment losses by interacting with this broker? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered substantial compensation for US clients who have experienced losses from their securities brokers and financial advisors.