DID MARC BRYANT ALKES CAUSE YOU INVESTMENT LOSSES?
About Marc Alkes of Variable Investment Associates, Inc.?
Marc Alkes (CRD #1947125) is currently registered as a representative with Variable Investment Associates, Inc. since January 3, 2007. Throughout his career, he has been affiliated with three other securities firms: Investors Capital Corp. (January 1996 – December 2006), Polaris Financial Services, Inc. (January 1993 – December 1995), and Pruco Securities Corporation (June 1989 – January 1993). He holds licenses in Massachusetts and Pennsylvania and is registered with one Self-Regulatory Organization (FINRA). Alkes has passed two general industry/product exams and one state securities law exam.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Marc Alkes Customer Complaint and Reviews
- Customer Dispute (Pending):
- Allegation: A client purchased two mutual funds and cashed them out at a loss when the market declined.
- Date: The written complaint was received on January 31, 2023.
- Arbitration: This dispute has evolved into an arbitration case with FINRA (Docket/Case #23-00252).
- Claimed Damages: The amount is currently undetermined.
Allegations against Mark Alkes
- The primary allegations against Marc Alkes involve the client incurring losses after cashing out mutual fund investments during a market downturn. This has led to a formal arbitration complaint filed with FINRA in early 2023. The claims center on investment suitability and potential sales practice violations.
Marc Alkes Red Flags & Your Rights As An Investor
Of course, Marc Alkes 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 Marc Alkes at Variable Investment Associates, Inc. on alert to review carefully the activity and performance of their accounts and question whether Marc Alkes has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Variable Investment Associates, Inc. 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 Variable Investment Associates, Inc. Due To Marc Alkes
If you have questions about Variable Investment Associates, Inc. and/or Marc Alkes 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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