Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Licari (Licari), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Licari recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $200,000.00 on June 24, 2025.
The complainant alleges that in 2013, the rep recommended certain alternative investments, which have since lost money, and which were not good investments.