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Randall Bothwell Formerly With NYLIFE Securities Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Randall Bothwell formerly with NYLIFE Securities?

Randall Bothwell (CRD #2177320) who was formerly registered with NYLIFE Securities and located in Sioux Falls, South Dakota is a subject of one of our many securities industry sales practice abuse investigations.

Randall Bothwell Customer Complaints

Randall Bothwell has been the subject of 3 customer complaints that we know about. One of Randall Bothwell’s 3 customer complaints was settled in favor of investors. Two of Randall Bothwell’s customers’ complaints were denied and, to date, the customers have not taken any further action.

Allegations Against Randall Bothwell

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

  • The client alleged Randall Bothwell provided poor advice by investing her assets too risky causing losses.
  • The clients alleged Randall Bothwell’s investment amount was guaranteed at death. However, the annuity only paid out $19,010.77 of a $30,000.00 investment at the time of death.
  • With respect to two variable annuities that were issued, the customers felt that they were misinformed allegedly by Randall Bothwell with regard to the contracts’ fees and requested a waiver of surrender charges.

Randall Bothwell Red Flags & Your Rights As An Investor

Of course, Randall Bothwell 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 Randall Bothwell at NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether Randall Bothwell 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 Randall Bothwell

If you have questions about NYLIFE Securities and/or Randall Bothwell 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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