Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 5, 2018 indicate that New York-based Vanderbilt Securities broker/adviser Philip Hanover has been involved in resolved or pending customer disputes and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hanover (CRD# 236082).
Philip Hanover has spent 46 years in the securities industry and was most recently registered with Vanderbilt Securities in Woodbury, New York (2015-2016). Previous registrations include Oppenheimer & Company in Melville, New York (2002-2015); Ryan Beck & Company in Florham Park, New Jersey (2002); Gruntal & Company in New York, New York (1988-2002); Prescott Ball & Turben (1977-1988); and Weingarten Rosenbaum & Company (1970-1977). He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 24, 2006; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 10, 2003; PC (AMEX Put and Call Exam), which he obtained on September 2, 1977; Series 1 (Registered Representative Examination), which he obtained on August 8, 1958; Series 40 (Registered Principal Examination), which he obtained on August 5, 1968; and Series 12 (NYSE Branch Manager Examination), which he obtained on January 16, 1967. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint.
In November 2017 a customer alleged Philip Hanover, while employed at Oppenheimer & Company, made unsuitable investment recommendations, churned the account and breached his fiduciary duty. The customer is seeking $1,108,156 in damages in the pending complaint.
In 1998 a customer alleged Philip Hanover, while employed at Gruntal & Company, opened an account without authorization, made unsuitable investments and executed an unauthorized purchase. The complaint settled in 1999 for $12,000.
If you or someone you know has lost money investing with Philip Hanover, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.