Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Pransky (Pransky), currently associated with Lifemark Securities Corp., has at least one disclosable event. These events include one customer complaint, alleging that Pransky recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $50,000.00 on January 03, 2023.
Allegations pertain to an investment in an alternative product, intended to be a small component of a larger diversified portfolio. Unfortunately, the company that issued the investment has since filed Chapter 11 bankruptcy. As a result, the client is now alleging unsuitable investment recommendations, misrepresentation, breach of fiduciary duty, breach of contract and omission of fact.