DID SEAN MICHAEL MCCANN CAUSE YOU INVESTMENT LOSSES?
About Sean McCann Sean McCann of NYLife Securities LLC?
Sean McCann (CRD #2176521) located in Littleton, Colorado, is a registered securities broker and investment adviser representative with over 30 years of experience in the financial industry. He is currently employed by NYLIFE Securities LLC as a registered broker since September 1991 and Eagle Strategies LLC as an investment adviser since October 2001. Mr. McCann has passed three General Industry/Product Exams and one Multi-State Securities Law Exam. However, he has not passed any Principal/Supervisory Exams. He holds registrations with one Self-Regulatory Organization and is licensed to operate in 13 U.S. states and territories.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Sean McCann Customer Complaints and Reviews
There is one disclosure noted on his disclosure report
- Customer Dispute
- Date Filed: November 4, 2024
- Details: The customer alleges that they were not advised to reallocate their variable universal life insurance policy, which was originally purchased in October 1999. The customer had moved the policy into a money market account during a market downturn, and it subsequently lapsed due to a lack of necessary adjustments.
- Product: Insurance (Variable Universal Life Policy)
- Alleged Damages: $55,000
- Status: Complaint is pending
Allegations Against Sean McCann
- The pending dispute is related to investment advisory oversight concerning a life insurance policy. The customer claims that due to a lack of guidance, their policy has lapsed, resulting in financial losses.
- The alleged damages amount to $55,000, which is a notable sum and could indicate a significant financial impact on the client.
- Insurance policies, particularly variable universal life policies, require ongoing management, making this type of dispute significant for potential investors who rely on long-term advisory services.
Sean McCann Red Flags & Your Rights As An Investor
Of course, Sean McCann 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 Sean McCann at NYLife Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Sean McCann has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLife Securities LLC 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.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At NYLife Securities LLC Due To Sean McCann
If you have questions about NYLife Securities LLC and/or Sean McCann 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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