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Richard Rugel Of Pruco Securities And Formerly With Allstate Financial Services Has A Customer Complaint For Alleged Broker Misconduct

Who is Richard Rugel of Pruco Securities?

Richard Rugel (CRD #3200986) who is currently registered with Pruco Securities and located in Latham, New York is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, Richard Rugel was associated with Allstate Financial Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Richard Rugel Customer Complaint

Richard Rugel has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were Richard Rugel misrepresented the variable annuity sold to him which replaced his previous variable annuity by indicating the new variable annuity would provide greater guaranteed income for the customer. Richard Rugel’s customer complaint was settled in favor of the investors.

Richard Rugel Red Flags & Your Rights As An Investor

Of course, Richard Rugel 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 Richard Rugel at Pruco Securities and Allstate Financial Services on alert to review carefully the activity and performance of their accounts and question whether Richard Rugel has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities and Allstate Financial Services also raises questions about the brokerage firm’s 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 Due To Richard Rugel

If you have questions about Pruco Securities, Allstate Financial Services, and/or Richard Rugel 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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