Randall Skrabonja Fired from Green Vista Capital Following Alleged Selling Away

Randall Skrabonja (CRD #: 1858245), a broker formerly registered with Green Vista Capital, allegedly engaged in selling away, according to his BrokerCheck record, accessed on June 6, 2023. Read on if you want to know more about his alleged conduct as a broker.

Termination from Green Vista Capital

On May 4, 2023, Randall Skrabonja was fired from Green Vista Capital after allegedly engaging in selling away.

FINRA Rule 3280

FINRA Rule 3280 requires brokers to provide written notice to their firm before engaging in private securities transactions. This includes selling away, which is the practice of brokers selling investments not offered or approved by their firm.

Investor Dispute

On October 10, 2016, an investor alleged that Randall Skrabonja made unsuitable recommendations of variable annuities in April 2015 and other securities throughout the rest of the year. This dispute was denied by the firm.

However, investors should know that firms can deny disputes without an outside review. Investors can still seek out FINRA arbitration following a denial and may be able to recover their losses.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must use the information in an investor’s profile, such as their age, tax status, and risk tolerance when making recommendations.

Investors who rely on brokers for recommendations may be able to recover their losses by pursuing FINRA arbitration.

What are Variable Annuities?

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying security. Surrender charges, tax penalties, and other fees can make these policies unsuitable.

Termination from MetLife

On July 8, 2015, Randall Skrabonja was fired from MetLife following allegations that he engaged in an “outside business investment.”

Background Information

Randall Skrabonja has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination

He previously worked for the following firms:

• Green Vista Capital (CRD#:293630)
• SagePoint Financial (CRD#:133763)
• MetLife Securities (CRD#:14251)
• Metropolitan Life Insurance Company (CRD#:4095)
• High Mark Securities (CRD#:42467)
• PMG Securities Corporation (CRD#:27107)
• The Variable Annuity Marketing Company (CRD#:5081)
• American General Financial Advisors (CRD#:42803)
• Public Employees Equities Services Company (CRD#:7315)
• First Montauk Securities CORP. (CRD#:13755)
• Cadaret, Grant & Company (CRD#:10641)
• Travelers Equities Sales (CRD#:833)
• The Randall-George Corporation (CRD#:18118)

Kurta Law Can Help

If you worked with Randall Skrabonja and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.