DID WILLIAM SCOTT SCHULTE CAUSE YOU INVESTMENT LOSSES?
William Schulte Formerly With MML Investors Services And NYLIFE Securities Has A Customer Complaint For Alleged Broker Misconduct
Who is William Schulte formerly with MML Investors Services?
William Schulte (CRD #6912174) who was formerly registered with MML Investors Services and located in Hunt Valley, Maryland is a subject of one of our many securities industry sales practice abuse investigations. Prior to MML Investors Services, William Schulte was associated with NYLIFE Securities and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
William Schulte Customer Complaint
William Schulte 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 customer alleged the Mainstay Mutual Fund account he opened in March 2020 was for the purpose of having funds deposited into a no risk account however his funds were instead deposited into an account that had risks tied to the stock market. William Schulte’s customer complaint was settled in favor of the investors.
William Schulte Red Flags & Your Rights As An Investor
Of course, William Schulte 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 William Schulte at MML Investors Services and NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether William Schulte has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors Services and NYLIFE Securities 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 MML Investors Services Due To William Schulte
If you have questions about MML Investors Services, NYLIFE Securities, and/or William Schulte 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.