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  • Report:  #1314889

Complaint Review: Solomon

Solomon Smith Barney, Citigroup, Morgan Stanley Losses New York New York

  • Reported By:
    E. F. — Port Byron New York USA
  • Submitted:
    Sun, July 03, 2016
  • Updated:
    Sun, July 03, 2016

Dear Ripoff Report,

Please post the following review to warn your readers.  First there was Solomon, then Smith Barney, then Citigroup and now Mogan Stanley.  By all their names, their stock brokerage firm only represents personal losses.  Consider why a company needs to have and change its name four times.  

My personal broker, Richard Paulino couldn't pick a winner if he bet on all the race horses.  In three years, from 2000 to 2003, I personally lost $13,207 without recourse or any return on investment based oh his personal, brokerage advice and stock selection.  I have not earned any money through stock investments with their firm, only tax losses.  their former stock analyst Mr. Grubman is well deserving of any punishments that he may receive for his company and public recommendations that only resulted in his personal gain.  Thank you for your consideration, time and understanding.  

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