Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stewart Conover (Conover), previously associated with Cuna Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Conover 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 $22,400.99 on October 07, 2021.
Client’s husband passed away and shortly thereafter the rep recommended the client replace her Nationwide VA for another Nationwide VA for lower expenses and a higher lifetime income benefit; client is stating she doesn’t understand why the original recommendation was made, or the replacement recommendation, as lifetime income had not been her objective.