Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Margarita Flores (Flores), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Flores 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 November 28, 2022.
Customer alleges that he was not informed of fees, taxes and charges related to his additional investment into an existing variable universal insurance policy in November 2022. Customer has requested the cancellation of the additional investment and the return of his funds without penalty or fees.