Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Mangano (Mangano), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mangano recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $9,237.71 on November 07, 2024.
The Customer alleges she was misled when advised to consolidate her existing annuities into a new annuity in June 2024 and was not informed that she was able to cancel the transaction during the <double_quote>free-look<double_quote> period. The customer alleges she lost money by the time her funds were transferred to another company and wants to be reimbursed for the loss.