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Jagrup Parihar Of NYLIFE Securities Has A Customer Complaint For Alleged Broker Misconduct

Who is Jagrup Parihar of NYLIFE Securities?

Jagrup Parihar (CRD #2724229) who is currently registered with NYLIFE Securities and located in Creve Coeur, Missouri is a subject of one of our many securities industry sales practice abuse investigations.

Jagrup Parihar Customer Complaint

Jagrup Parihar has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses by the power of attorney, who was also the son of the two customers, raised concerns that the investment allocation recommendations made by Jagrup Parihar relating to the variable annuity policies issued and the subsequent withdrawals made to fund their guaranteed fixed income annuity policies.  He alleged they were not suitable for their retirement planning time horizon and resulted in a significant amount of missed growth of capital. The POA alleged his parents were taken advantage of and sought a refund of their initial investment. Jagrup Parihar’s customer complaint was denied and, to date, the customers have not taken any further action.

Jagrup Parihar Red Flags & Your Rights As An Investor

Of course, Jagrup Parihar 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 Jagrup Parihar at NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether Jagrup Parihar 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 firm’s 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 Due To Jagrup Parihar

If you have questions about NYLIFE Securities and/or Jagrup Parihar 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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