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Jeffrey Anderson Formerly With Pruco Securities, LLC and NYLife Securities LLC Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Jeffrey Anderson formerly with Pruco Securities, LLC?

Jeffrey Anderson

Jeffrey Anderson (CRD #5993214) who was formerly registered with Pruco Securities, LLC and located in Bloomington, Illinois, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, LLC, Jeffrey Anderson was associated with NYLife Securities LLC and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Jeffrey Anderson has had his own problems with the regulators. In 2021, Jeffrey Anderson, without admitting or denying the allegations, consented to the sanction and entry of findings that he converted and misused funds from an elderly customer. The sanction was a permanent bar from any further association with any member firm in any capacity in the securities industry.

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Jeffrey Anderson Customer Complaints

Jeffrey Anderson has been the subject of 5 customer complaints that we know about to recover investment losses. All 5 customer complaints were settled by Jeffrey Scott’s former employers in favor of the investors.

Allegations Against Jeffrey Anderson

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

  • The financial advisor provided a statement inflating accumulation value of their variable annuity policy.
  • Failure to disclose liquidity risks of annuities.
  • Misrepresentations about premium savings and switching life insurance policies.
  • Financial advisor wrongfully received 3 checks from the customer.
  • Unsuitable switch of annuity investments.

Jeffrey Anderson Red Flags & Your Rights As An Investor

Of course, Jeffrey Anderson 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 Jeffrey Anderson at Pruco Securities, LLC and NYLife Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Jeffrey Anderson has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, LLC and NYLife Securities 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?

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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 Pruco Securities, LLC Due To Jeffrey Anderson

If you have questions about Pruco Securities, LLC, NYLife Securities LLC and/or Jeffrey Anderson 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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