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Mark Schwitz of Allstate Financial Services Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Mark Schwitz of Allstate Financial Services?

Mark Schwitz (CRD #1380018) who is currently registered with Allstate Financial Services and located in Mishawaka, Indiana is a subject of one of our many securities industry sales practice abuse investigations.

Mark Schwitz Customer Complaints

Mark Schwitz has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Three of Mark Schwitz’s 4 customer complaints were settled in favor of investors. One of Mark Schwitz’s customers’ complaints was denied and, to date, the customers have not taken any further action.

Allegations Against Mark Schwitz

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 that Mark Schwitz replaced his first policy with a second policy and he does not think that he signed the application for life insurance or policy change.
  • Customer alleged suitability, premium flexibility, internal replacement and funding via full/partial surrender committed by Mark Schwitz.
  • The client alleged Mark Schwitz’s misrepresentation concerning the value of the insurance policy.

Mark Schwitz Red Flags & Your Rights As An Investor

Of course, Mark Schwitz 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 Mark Schwitz at Allstate Financial Services on alert to review carefully the activity and performance of their accounts and question whether Mark Schwitz has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Allstate Financial Services 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 Allstate Financial Services Due To Mark Schwitz

If you have questions about Allstate Financial Services and/or Mark Schwitz 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.

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