DID ROBERTA LYNN CICCONE CAUSE YOU INVESTMENT LOSSES?
About Roberta Ciccone Formerly With Bankers Life Securities, Inc.?
Roberta Ciccone (CRD #1367893) is a former securities broker who was registered with Bankers Life Securities, Inc. in Greenville, South Carolina, from January 2019 to September 2020. She has passed two general industry/product exams—the Investment Company Products/Variable Contracts Representative Examination (Series 6) and the Securities Industry Essentials Examination—and one multi- state securities law exam, the Uniform Securities Agent State Law Examination (Series 63). Ciccone is not currently registered as a broker. Her qualifications and regulatory history reflect a relatively brief tenure in the securities industry with a specific focus on insurance and annuity products.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Roberta Ciccone Customer Complaints and Reviews
- Roberta Ciccone Customer Complaints and Reviews
- Customer Dispute (1 Incident):
- Details: A complaint was filed on September 9, 2020, against Bankers Life Securities, Inc. where Ciccone was employed. The complaint involved allegations related to the lack of proper information on the features of two Guaranteed Lifetime Income Annuities purchased in April and May of 2020. The complainant also alleged not being informed about a “free look” period and the ten-year access restriction to her funds.
- Outcome: The dispute was closed with no action taken. The complaint was investigated and dismissed by Bankers Life and Casualty Company, determining that the products sold were not unsuitable. There was no arbitration or civil litigation involved.
Allegations Against Roberta Ciccone
- Allegations in Customer Dispute:
- Nature of Complaint: Miscommunication regarding the terms and features of Guaranteed Lifetime Income Annuities, specifically non-disclosure of cancellation terms and fund accessibility.
- Product Type: Equity-Indexed Annuity.
- Resolution: The complaint was dismissed after an internal review, with no actions taken against Ciccone or the firm regarding the suitability of the annuities.
Roberta Ciccone Red Flags & Your Rights As An Investor
Of course, Roberta Ciccone 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 Roberta Ciccone at Bankers Life Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Roberta Ciccone has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Bankers Life Securities, 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 Bankers Life Securities, Inc. Due To Roberta Ciccone
If you have questions about Bankers Life Securities, Inc. and/or Roberta Ciccone 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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