Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Louis Sachs (Sachs), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sachs 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 $5,000.00 on December 09, 2021.
The customer is alleging misrepresentation of her investment and insurance portfolio, citing misleading sales practices, failure to create a financial plan in the customer’s best interests and negligence in the management of the customer’s portfolio.