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Charles Edward Howell with Bankers Life Securities, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years

Who is Charles E. Howell with Bankers Life Securities, Inc.?

Charles Howell (CRD #4757297) who is currently registered with Bankers Life Securities, Inc. and located in Plantation, Florida is a subject of one of our many securities industry sales practice abuse investigations. Prior to Bankers Life Securities, Inc., Charles Howell was associated with Proequities, Inc. and 6 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Bankers Life Securities, Inc. Broker Misconduct

In his career, Charles Howell has been the subject of 4 customer complaints that we know about, 2 of those complaints were filed in the last 2 years to recover investment losses. One of Charles Howell’s 4 customer complaints was settled in favor of investors. Bankers Life Securities, Inc. and Proequities, Inc. recently denied 3 customer complaints made against Charles Howell for investment losses caused by his alleged misconduct. To date, the customers have not filed any arbitration claims.

Allegations Against Charles Howell

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • Customers alleged that Charles Howell sold shares of mutual funds without their authority in order to meet monthly distribution requirements.
  • Customer alleged that Charles Howell did not inform her of how her money would be invested and that she was asked to sign blank account documents she opened her account.
  • Customer alleged that Charles Howell falsified account documents.
  • Claimants alleged that Charles Howell made unsuitable investment recommendations to invest in variable annuities, over-concentrated the portfolio and certain investments and made false and misleading statements in connection with the recommendations made and Pro-equities paid the customer $330,000 to settle the dispute.

Charles Howell Red Flags & Your Rights As An Investor

Of course, Charles Howell 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 Charles Howell at Bankers Life Securities, Inc. and Proequities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Charles Howell has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Bankers Life Securities, Inc. and Proequities, Inc. also raises questions about their 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., and Proequities, Inc.

If you have questions about Bankers Life Securities, Inc., Proequities, Inc. and/or Charles Howell 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.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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