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Chester Sobuta Of MML Investors Services And Formerly With MSI Financial Services Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Chester Sobuta of MML Investors Services?

Chester Sobuta (CRD #2323058) who is currently registered with MML Investors Services and located in Moosic, Pennsylvania is a subject of one of our many securities industry sales practice abuse investigations. Prior to MML Investors Services, Chester Sobuta was associated with MSI Financial Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Chester Sobuta Customer Complaints

Chester Sobuta has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. One of Chester Sobuta’s customers’ complaints was denied and, to date, the customer has not taken any further action. There is currently one pending customer complaint filed against MSI Financial Services for investment losses caused by Chester Sobuta’s alleged misconduct.

Allegations Against Chester Sobuta

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 Chester Sobuta misrepresented the value of death benefit on a variable annuity.
  • The complainant alleged that Chester Sobuta misrepresented the sale of mutual funds. The complainant stated the representative assured the complainant that his account would only appreciate, but the investment failed to perform, as the representative had promised, and only resulted in a loss.

Chester Sobuta Red Flags & Your Rights As An Investor

Of course, Chester Sobuta 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 Chester Sobuta at MML Investors Services and MSI Financial Services on alert to review carefully the activity and performance of their accounts and question whether Chester Sobuta has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors Services and MSI Financial Services 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 MML Investors Services Due To Chester Sobuta

If you have questions about MML Investors Services, MSI Financial Services, and/or Chester Sobuta 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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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 $160 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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