Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffery Steely (Steely), currently associated with Packerland Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Steely 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 $13,280.12 on March 26, 2025.
The customer is alleging the Prudential Fixed Indexed Annuity product with 10% bonus that he purchased in September 2024 was not explained in full by the Representative. After working with client and determining the clients financial needs, the Representative is stating this product was sold in the best interest of the client for what product options were available to the Representative at that time. The customer is looking for Prudential to refund the current account value of his IRA contract without surrender charge so that he can transfer this to another IRA.