Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mitchell Biernick (Biernick), previously associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Biernick 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 $201,226.63 on December 11, 2023.
Individual claims they had no knowledge that they were in a Variable Annuity for the last 7 Years. They thought it was fixed. Individual wrote a letter and signed off stating they were aware they were entering into a variable annuity and understand the risk. Individual was never a customer of the firm.