Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Carter (Carter), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carter recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on November 25, 2024.
Plaintiffs allege defendant facilitated a fraudulent scheme that attempted to minimize tax liability through a charitable planning trust strategy, which involving establishing various trusts and purchasing life insurance policies. Among other policies, Plaintiff, Nathan Ringer, purchased a variable universal life insurance policy in May 2019.