Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Rugel (Rugel), currently associated with Integrity Alliance, LLC., has at least one disclosable event. These events include one customer complaint, alleging that Rugel recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on May 14, 2020.
Customer has alleged representative misrepresented the variable annuity sold to him in September 2019, which replaced his previous variable annuity by indicating the new variable annuity would provide greater guaranteed income for the customer.