DID MICHAEL LIBMANN CAUSE YOU INVESTMENT LOSSES?
Michael Libmann Of Pruco Securities, LLC And Formerly With MML Investors Services and MSI Financial Securities Has 4 Customer Complaints For Alleged Broker Misconduct
Who is Michael Libmann of Pruco Securities, LLC?
Michael Libmann (CRD #1323896) who is currently registered with Pruco Securities, LLC and located in Quincy, Illinois is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, LLC, Michael Libmann was associated with MML Investors Services, MSI Financial Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Michael Libmann Customer Complaints
Michael Libmann has been the subject of 4 customer complaints that we know about. Two of Michael Libmann’s 4 customer complaints were settled in favor of investors. Two of Michael Libmann’s customers’ complaints were denied and the customers did not take any further action.
Allegations Against Michael Libmann
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 Michael Libmann misled her on the purchase of her variable life insurance policies.
- Client alleged that what Michael Libmann told him and what they sold him were two different life insurance policies.
- Customer alleged that Michael Libmann did not explain additional future premiums may be required when a variable life insurance policy was purchased.
- Customer alleged Michael Libmann did not fully disclose all the facts regarding suitability and also failed to disclose tax consequences.
Michael Libmann Red Flags & Your Rights As An Investor
Of course, Michael Libmann 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 Michael Libmann at Pruco Securities, LLC, MML Investors Services, and MSI Financial Securities on alert to review carefully the activity and performance of their accounts and question whether Michael Libmann has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, LLC, MML Investors Services, and MSI Financial 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 Pruco Securities, LLC Due To Michael Libmann
If you have questions about Pruco Securities, LLC, MML Investors Services, MSI Financial Securities, and/or Michael Libmann 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.