Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Don Henry (Henry), previously associated with Tiaa-cref Individual & Institutional Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Henry recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on October 11, 2020.
In the Complaint, the client alleges that TIAA representatives made false representations prior to the signing of the annuity application dated December 26, 2015. The client further alleges that TIAA substituted terms into the annuity documents which materially varied from the representations that the representatives made to the client, were not agreed upon by the parties and seeks compensatory damages in excess of $300,000.00.