Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Schappert (Schappert), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Schappert recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on April 23, 2022.
POA on behalf of the client alleges funds within the client’s investment contract purchased in 2013 and a variable annuity purchased in 2020 were unsuitable for her needs and led to a large tax implication.