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Curtis Carey Formerly With NYLIFE Securities Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Curtis Carey of NYLIFE Securities?

Curtis Carey (CRD #1763646) who was formerly registered with NYLIFE Securities and located in Hudson, Wisconsin is a subject of one of our many securities industry sales practice abuse investigations.

Curtis Carey Customer Complaints

Curtis Carey has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Three of Curtis Carey’s 4 customer complaints were settled in favor of investors. One of Curtis Carey’s customers complaints was denied and, to date, the customers have not taken any further action.

Allegations Against Curtis Carey

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 Curtis Carey’s recommendation to purchase a Variable Annuity was not in his best interest as this purchase was funded by a fixed life insurance policy loan, however the costs associated with the policy loan have outweighed any gains in the Variable Annuity policy.
  • The customer alleged that Curtis Carey misrepresented the terms and conditions of the variable annuity he purchased.
  • With regard to a purchase of a variable annuity, the customer alleged that Curtis Carey set up his 72T and told him that he was able to take some of his funds out per year and that there were no hidden fees for these services. The policy owner alleges that the RR set up the 72T incorrectly which caused his account to have several penalties.
  • With regard to the purchase of variable annuity policy, the customer alleged that Curtis Carey never told him about the fees that were going to be charged on the investments, never told him that his account could go up or down, and that the company would charge if he were to quit the plan.

Curtis Carey Red Flags & Your Rights As An Investor

Of course, Curtis Carey 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 Curtis Carey at NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether Curtis Carey has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLIFE Securities 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 Eagle Strategies Due To Curtis Carey

If you have questions about NYLIFE Securities and/or Curtis Carey 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 $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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