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John Suckey Of Park Avenue Securities Has 2 Customer Complaints For Alleged Broker Misconduct

Who is John Suckey of Park Avenue Securities?

John Suckey (CRD #4249100) who is currently registered with Park Avenue Securities and located in Wall, New Jersey is a subject of one of our many securities industry sales practice abuse investigations.

John Suckey Customer Complaints

John Suckey has been the subject of 2 customer complaints that we know about. One of John Suckey’s 2 customer complaints was settled in favor of investors. One of John Suckey’s customers’ complaints was denied and, to date, the customer has not taken any further action.

Allegations Against John Suckey

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

  • Client alleged she was not aware a fixed life insurance policy was issued in her name and that her signatures on the new account documents for this life insurance policy appear to be forged or copied by John Suckey.
  • Customer alleged John Suckey recommended that she implement a reverse mortgage, purchase a life insurance policy, a variable annuity and a long term care policy which she believed would provide needed income. She alleged that she took money from her variable annuity to help pay premiums for the life insurance and long term care which affected the living benefit rider option of the variable annuity and was charged surrender fees for withdrawals.

John Suckey Red Flags & Your Rights As An Investor

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

If you have questions about Park Avenue Securities and/or John Suckey 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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