Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Hecker (Hecker), currently associated with Fortune Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hecker 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 $55,000.00 on November 20, 2023.
Client alleges that rep mistakenly moved money from the guaranteed interest rate portion of a variable annuity into sub-accounts that invested into the stock market thus causing the client to suffer losses