Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Wind (Wind), currently associated with John Hancock Distributors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wind 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 $400,000.00 on February 28, 2023.
On February 28, 2023, [REDACTED] (“Claimant”) filed a Statement of Claim in arbitration with the Financial\, Industry Regulatory Authority (“FINRA”) (the “Statement of Claim”) against Paychex Securities Corporation\, (“PSC”), FINRA Case No. 23-00508. In his Statement of Claim, Claimant alleges that Michael Wind, then a\, registered representative with PSC, did not follow his instructions regarding how to invest his individual 401(k)\, plan assets when the plan sponsor transferred certain plan assets to Paychex on or about October 1, 2021.