Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Pascal Nguyen (Nguyen), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nguyen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on May 16, 2022.
In addition to the policy owner’s allegations concerning two unsuitable fixed annuity sales, the policy owner and her husband/beneficiary allege that the RR signed the husband’s name on a December 2015 letter of instruction and the policy owner’s initials on two fixed annuity documents in December 2014 and failed to disclose the tax consequences of reinvesting her IRA funds into the annuity.