DID ANTHONY CANCELA CAUSE YOU INVESTMENT LOSSES?
Anthony Cancela Of NYLIFE Securities LLC And Formerly With MML Investors Services LLC Has 4 Customer Complaints For Alleged Broker Misconduct
Who is Anthony Cancela of NYLIFE Securities LLC?
Anthony Cancela (CRD #2398245) who is currently registered with NYLIFE Securities LLC and located in Wall Township, New Jersey is a subject of one of our many securities industry sales practice abuse investigations. Prior to NYLIFE Securities LLC, Anthony Cancela was associated with MML Investors Services LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Anthony Cancela Customer Complaints
Anthony Cancela has been the subject of 4 customer complaints that we know about, 1 of those complaints was filed in the last year to recover investment losses. Two of Anthony Cancela’s 4 customer complaints were settled in favor of investors. Two of Anthony Cancela’s customer complaints were denied and, to date, the customers have not taken any further action.
Allegations Against Anthony Cancela
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Misrepresentations and misleading statements regarding tax benefits related to variable universal life insurance policy.
- Mismanagement of 401(k) account and forgery.
- Misrepresentation of variable life insurance policy.
Anthony Cancela Red Flags & Your Rights As An Investor
Of course, Anthony Cancela 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 Anthony Cancela at NYLIFE Securities LLC and MML Investors Services LLC on alert to review carefully the activity and performance of their accounts and question whether Anthony Cancela has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLIFE Securities LLC and MML Investors Services LLC 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 NYLIFE Securities LLC Due To Anthony Cancela
If you have questions about NYLIFE Securities LLC, MML Investors Services LLC and/or Anthony Cancela 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.