Nylife Securities LLC

There are Recent Customer Complaints with Broker Jeffrey Perryman in Firm Nylife Securities LLC

March 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Perryman (Perryman), previously associated with Nylife Securities LLC, has at least 6 disclosable events. These events include 5 customer complaints, one regulatory, alleging that Perryman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 07, 2024.

Without admitting or denying the findings, Perryman consented to the sanction and to the entry of findings that he refused to provide information and documents requested by FINRA in connection with its investigation into his potential undisclosed OBAs, including charging fees to a customer for services that he failed to disclose to his member firm.

There are Recent Customer Complaints with Broker Thomas Johnson in Firm Nylife Securities LLC

March 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Johnson (Johnson), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one tax lien, alleging that Johnson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 23, 2025.

Respondent Johnson failed to respond to FINRA requests for information.

There are Recent Customer Complaints with Broker Stephen Mellinger in Firm Nylife Securities LLC

March 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Mellinger (Mellinger), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mellinger recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on January 24, 2025.

The Customers alleged that they were misled when they purchased variable universal life insurance policies in October 2015 and request the surrender of the policies without charges.

There are Recent Customer Complaints with Broker Cesar Casado in Firm Nylife Securities LLC

March 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cesar Casado (Casado), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one tax lien, alleging that Casado recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on February 13, 2025.

Without admitting or denying the findings, Casado consented to the sanction and to the entry of findings that he refused to produce information and documents requested by FINRA in connection with its investigation into allegations that he submitted life insurance applications with inaccurate information and discrepancies.

There are Recent Customer Complaints with Broker Krishan Goyal in Firm Nylife Securities LLC

March 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Krishan Goyal (Goyal), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Goyal recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on October 25, 2024.

The customer alleges she was misled when she purchased a now lapsed variable universal life insurance policy in November 2018.

Broker Mark Pernicano in Nylife Securities LLC Firm Has Customer Complaint

March 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Pernicano (Pernicano), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Pernicano 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 $38,633.25 on October 29, 2024.

The policyowner alleges that the RR did not inform her that she would incur surrender charges from her previous fixed annuity at another firm for the funding of her variable annuity purchased in February 2023 and she is disappointed in the annual yield of her fixed annuities.

Broker Bryan Moskowitz in Nylife Securities LLC Firm Has Customer Complaint

February 27, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Bryan Moskowitz (Moskowitz), previously associated with Nylife Securities LLC, has been subject to at least one disclosable event. These events include one tax lien. Several of those complaints against Moskowitz concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a final customer complaint on November 11, 2024.

Without admitting or denying the findings, Moskowitz consented to the sanctions and to the entry of findings that he excessively and unsuitably traded a customer account. The findings stated that Moskowitz recommended high frequency in-and-out trading to the customer, a veterinarian in his mid-60s, even when the price of his recommended securities did not materially change. The customer relied on Moskowitz’ advice and routinely followed his recommendations, and as a result, Moskowitz exercised de facto control over the account. Moskowitz’ recommendations resulted in an annualized turnover rate of 18 and an annualized cost-to-equity ratio of approximately 93 percent. Moskowitz’ in-and-out trading in the customer’s account generated total trading costs of $16,902, including $13,145 in commissions, and caused $81,614 in total realized losses.

Broker Jeffrey Wedgeworth in Nylife Securities LLC Firm Has Customer Complaint

February 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Wedgeworth (Wedgeworth), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wedgeworth recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on November 13, 2024.

Claimant alleges REIT purchased was unsuitable.

Broker Kim Tran in Nylife Securities LLC Firm Has Customer Complaint

February 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kim Tran (Tran), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Tran 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 $14,790.00 on November 21, 2024.

The policyowner alleges that the signatures on three loan checks taken from her New York Life Custom Whole Life Insurance policy in April, May, and June 2023, respectively, were not hers. Additionally, an address change was initiated without the policyowner’s consent. The Company offered to reinstate the whole life insurance policy and reverse the loan transactions.

There are Recent Customer Complaints with Broker Ceondre Colvin in Firm Nylife Securities LLC

February 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ceondre Colvin (Colvin), previously associated with Nylife Securities LLC, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory, alleging that Colvin recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on November 27, 2024.

Without admitting or denying the findings, Colvin consented to the sanction and to the entry of findings that he refused to provide documents and information and to appear for on-the-record testimony requested by FINRA in connection to its investigation of a customer complaint that had been filed against him.