DID PRESTON JASON BELLAIRE CAUSE YOU INVESTMENT LOSSES?
Preston Jason Bellaire of MML Investors Services Has 2 Customer Complaints for Alleged Broker Misconduct
Who is Preston J. Bellaire of MML Investors Services?
Preston Bellaire (CRD #4028710) who is currently registered with MML Investors Services and located in Orlando, Florida is a subject of one of our many securities industry sales practice abuse investigations.
Prior to MML Investors Services, Preston Bellaire was associated with MSI Financial Services and 1 other investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.
MML Investors Services Broker Misconduct
In his career, Preston Bellaire has been the subject of 2 customer complaints that we know about, one of those complaints was filed in the last two years to recover investment losses.
One of the customers’ complaints was denied and the customers did not take any further action. There is currently one pending customer complaint filed against MSI Financial Services for investment losses caused by Preston Bellaire’s alleged misconduct.
Allegations Against Preston Bellaire
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- The customer alleged that the representative Preston Bellaire misrepresented the risk of speculative investment in order to secure a high commission sale in and around February of 2015.
- The customer alleged the representative Preston Bellaire provided incorrect information regarding the settlement options available to a beneficiary of variable annuities.
Preston Bellaire Red Flags & Your Rights as An Investor
Of course, Preston Bellaire 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 that should put all current and former customers of Preston Bellaire at MML Investors Services on alert to review carefully the activity and performance of their accounts and question whether Preston Bellaire has engaged in any stockbroker misconduct that may have caused them investment losses.
There have been a large number of customer complaints at MML Investors Services which also raises questions about its 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 MML Investors Services
If you have questions about MML Investors Servicesand/or Preston Bellaire 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.