As an investor, you entrusted your money and capital with a broker that you trusted. This is why it is important to know as much as you can about the individual that you’ve entrusted your money with. You need to know about their background, including past employment history, regulatory actions, and even customer complaints.
This information can be used to help you make an informed decision about whether or not to entrust your money with a particular broker.
If you believe that you have suffered investment losses due to Adam Rutstein, we may have information that could b useful in resolving any questions you may or may not have.
DID ADAM J. RUTSTEIN CAUSE YOU INVESTMENT LOSSES?
Adam Rutstein Of Bankers Life Securities, Inc. Has 3 Customer Complaints For Alleged Broker Misconduct
Who is Adam Rutstein of Bankers Life Securities, Inc.?
Adam Rutstein (CRD #4621152) who is currently registered with Bankers Life Securities, Inc. and located in Jacksonville, Florida is a subject of one of our many securities industry sales practice abuse investigations.
Adam Rutstein Customer Complaints
Adam Rutstein has been the subject of 3 regulatory actions and 3 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Two of Adam Rutstein’s three customer complaints were settled in favor of investors. One of Adam Rutstein’s customer complaints was denied and, to date, the customer has not taken any further action.
Allegations Against Adam Rutstein
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Customer alleged that Adam Rutstein misrepresented that there would be tax liability in connection with a recommended exchange of an annuity for mutual fund investment.
- Customer alleged that Adam Rutstein made misrepresentations about a Bankers Life and Casualty Co. (BLC) Guaranteed Life Income Annuity, including misrepresentations about the rate of appreciation, the participation rates, and sums the annuity would earn over time.
- Customer alleged that a Premium Bonus Indexed Annuity recommended by Adam Rutstein and purchased from Bankers Life and Casualty Co. (BLC) was unsuitable.
Adam Rutstein Red Flags & Your Rights As An Investor
Of course, Adam Rutstein did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Adam Rutstein at Bankers Life Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Adam Rutstein has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Bankers Life Securities, Inc. also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Bankers Life Securities, Inc. Due To Adam Rutstein
If you have questions about Bankers Life Securities, Inc. and/or Adam Rutstein and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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