Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Osterland (Osterland), currently associated with Hornor, Townsend & Kent, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Osterland 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 $57,672.00 on April 21, 2020.
Client alleges that the purchase of two variable annuities and a life insurance policy were not suitable and in her best interest. The client is requesting a waiver of the surrender charges for both annuities and the return of the total premium paid on the fixed life insurance policy.