Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Presutti (Presutti), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Presutti 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 $5,066.00 on April 28, 2022.
Customer alleges she was not informed that she would enter a new surrender charge period when she purchased this annuity in or around December 2016. Customer requests access to her full investment without incurring surrender charges.