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Ronald Bailey Formerly With Mutual Of America Life Insurance, Mutual Of America Securities And NYLIFE Securities Has 4 Customer Complaints For Alleged Broker Misconduct

Who is Ronald Bailey formerly with Mutual Of America Life Insurance?

Ronald Bailey (CRD #6270312) who was formerly registered with Mutual Of America Life Insurance, Mutual Of America Securities and located in Anchorage, Alaska is a subject of one of our many securities industry sales practice abuse investigations. Prior to Mutual Of America Life Insurance and Mutual Of America Securities, Ronald Bailey was associated with NYLIFE Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Ronald Bailey Customer Complaints

Ronald Bailey has been the subject of 4 customer complaints that we know about, three of those complaints were filed in the last year to recover investment losses. Three of Ronald Bailey’s 4 customer complaints were settled in favor of investors. There is currently one pending customer complaint filed against NYLIFE Securities for investment losses caused by Ronald Bailey’s alleged misconduct.

Allegations Against Ronald Bailey

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

  • The customer alleged that after he declined to purchase New York Life investments, Ronald Bailey promised a 10% dividend on an investment in a seafood company. The client further alleged that the company became insolvent and he lost his initial investment.
  • The customer alleged that several products recommended by Ronald Bailey had been misrepresented. These products include two variable universal life insurance products issued and four variable annuities issued.

Ronald Bailey Red Flags & Your Rights As An Investor

Of course, Ronald Bailey 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 Ronald Bailey at Mutual Of America Life Insurance, Mutual Of America Securities and NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether Ronald Bailey has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Mutual Of America Life Insurance, Mutual Of America Securities and 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 Mutual Of America Life Insurance Due To Ronald Bailey

If you have questions about Mutual Of America Life Insurance, Mutual Of America Securities, NYLIFE Securities, and/or Ronald Bailey 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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