Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Vandalen (Vandalen), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Vandalen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $40,085.58 on August 10, 2022.
Customers allege that on or about February 3, 2022, a mutual fund transaction was completed without their knowledge resulting in a loss of $46,085.58.