Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brent Prather (Prather), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Prather 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 $18,484.40 on February 17, 2022.
The complainant alleges that the variable annuity that he purchased in 2020 was misrepresented, stating that the rep confirmed both before and after the sale that the performance rate on his policy anniversary date would be 11.25%, however, it was only 4.5%, causing his account to receive $18,484.40 less than was promised.