Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Callaghan (Callaghan), currently associated with Tiaa-cref Individual & Institutional Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Callaghan 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 $100,000.00 on August 31, 2021.
Claimant alleges the representative recommended annuities and payout elections which were not in the best interest of the decedent. As a result, the Estate does not have access to roughly halfof the decedents retirement savings.