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John Lacy Formerly With NYLIFE Securities Has 2 Customer Complaints For Alleged Broker Misconduct

Who is John Lacy formerly with NYLIFE Securities?

John Lacy (CRD #2467197) who was formerly registered with NYLIFE Securities and located in Madison, Wisconsin is a subject of one of our many securities industry sales practice abuse investigations.

John Lacy Customer Complaints

John Lacy has been the subject of 2 customer complaints that we know about. Both of John Lacy’s customer complaints were settled in favor of investors.

Allegations Against John Lacy

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

  • Customer questioned the recommendation allegedly by John Lacy to replace an existing variable annuity with another variable annuity with a new surrender period. Customer requested the reinstatement of the original variable annuity.
  • With regard to the purchases of variable annuity policies, the customer alleged that she did not understand the policies that she purchased, the John Lacy should have been overseeing her policies better and making investments that would get a better rate of return. Customer also alleged that John Lacy misled her about the policies.

John Lacy Red Flags & Your Rights As An Investor

Of course, John Lacy 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 John Lacy at NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether John Lacy 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 NYLIFE Securities Due To John Lacy

If you have questions about NYLIFE Securities and/or John Lacy 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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