DID BRENDA LOUISE LABAR CAUSE YOU INVESTMENT LOSSES?
Brenda Labar Of Pruco Securities And Formerly With MML Investors Services And MSI Financial Services Has 4 Customer Complaints For Alleged Broker Misconduct
Who is Brenda Labar of Pruco Securities?
Brenda Labar (CRD #4517754) who is currently registered with Pruco Securities and located in Ontario, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, Brenda Labar was associated with MML Investors Services, MSI Financial Services and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Brenda Labar Customer Complaints
Brenda Labar has been the subject of 4 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Two of Brenda Labar’s 4 customer complaints were settled in favor of investors. Two of Brenda Labar’s customers’ complaints were denied and, to date, the customers have not taken any further action.
Allegations Against Brenda Labar
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Client alleged Brenda Labar’s failure to follow instructions with respect to risk tolerance and misrepresentation with respect to risk to principal.
- Misrepresentation regarding mutual fund and breach of fiduciary duty and negligence. Also, plaintiffs alleged that Brenda Labar fraudulently induced them into opening accounts without their knowledge.
- The complainant alleged that Brenda Labar misrepresented the variable annuity she purchased. The complainant wanted her current variable annuity surrendered without penalty.
Brenda Labar Red Flags & Your Rights As An Investor
Of course, Brenda Labar 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 Brenda Labar at Pruco Securities, MML Investors Services, and MSI Financial Services on alert to review carefully the activity and performance of their accounts and question whether Brenda Labar has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, MML Investors Services, and MSI Financial Services 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 Pruco Securities Due To Brenda Labar
If you have questions about Pruco Securities, MML Investors Services, MSI Financial Services, and/or Brenda Labar 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.
Rate this Post
Loading...