Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brent Miller (Miller), currently associated with Nylife Securities LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Miller 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 $5,724.70 on April 10, 2020.
The customer alleged that two withdrawals from her variable annuity were used to establish an unauthorized MainStay account in the amount of $40,000 on or about February 10, 2020 and the purchase a new variable annuity on or about February 20, 2020 in which she incurred an upfront surcharge of over $4,000. The customer requested a reimbursement of all fees involved in the transaction, which she alleged were not disclosed at the time of the transaction.