| Read Time: 2 minutes | MML Investors Complaints | News & Articles |

DID EDGAR A KLEYDMAN CAUSE YOU INVESTMENT LOSSES?

Edgar Kleydman Formerly With MML Investors Services, LLC And AXA Advisors, LLC Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Edgar Kleydman of MML Investors Services, LLC?

Edgar Kleydman

Edgar Kleydman (CRD #2727571) who was formerly registered with MML Investors Services, LLC and located in Brooklyn, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to MML Investors Services, LLC, Edgar Kleydman was associated with AXA Advisors, LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Edgar Kleydman had his own regulatory problems. In 2021 he consented to the sanction and to the entry of findings that it refused to appear for on-the-record testimony requested by FINRA during’ s investigation into whether he engage in private securities transactions without providing written notice to his member firm. As a result, he was permanently barred for many further associations with any FINRA member firm in any capacity.

Investment Losses? Let’s talk.

or, give us a ring at (800) 732-2889.

Edgar Kleydman Customer Complaints

Edgar Kleydman has been the subject of 4 customer complaints that we know about seeking to recover investment losses. One customer complaint resulted in the FINRA arbitration award against Equitable Advisors in the advisor. Two other customer complaints were settled by Equitable Advisors and J.P. Morgan Securities in favor of the investors. There is currently one more customer complaint that evolved into a FINRA arbitration proceeding that is still pending against Equitable Advisors for Edgar Kleydman’s alleged misconduct.

Allegations Against Edgar Kleydman

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

  • Selling away.
  • Misrepresentations related to return of the investment and guarantees.
  • Unsuitable recommendations regarding equity listed investment.
  • Fraud, breach of fiduciary duty, unsuitability, negligence, and violations of industry rules.

Edgar Kleydman Red Flags & Your Rights As An Investor

Of course, Edgar Kleydman 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 Edgar Kleydman at MML Investors Services, LLC and AXA Advisors, LLC on alert to review carefully the activity and performance of their accounts and question whether Edgar Kleydman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors Services, LLC and AXA Advisors, 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.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At MML Investors Services, LLC Due To Edgar Kleydman

If you have questions about MML Investors Services, LLC, AXA Advisors, LLC and/or Edgar Kleydman 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.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars
Loading...