DID MICHAEL SCOTT ARTECA CAUSE YOU INVESTMENT LOSSES?
Michael Arteca Of Pruco Securities, LLC Has 7 Customer Complaints For Alleged Broker Misconduct
Who is Michael Arteca of Pruco Securities, LLC?
Michael Arteca (CRD #4550695) who is currently registered as a broker with Pruco Securities, LLC and located in Uniondale, New York, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, LLC, Michael Arteca was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Arteca Customer Complaints
Michael Arteca has been the subject of 7 customer complaints that we know about seeking to recover investment losses. Three for the customer complaints were settled by Michael Arteca’s current or former employees in favor of the investors. The other four customer complaints were denied by his employers and the investors took no further action.
Allegations Against Michael Arteca
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Failure to disclose all the facts regarding fees, guarantees, and risk associated with taking a distribution and spousal benefits.
- Surrender of an annuity without customer’s consent.
- Misrepresentation of variable life insurance policy.
- Failure to disclose risk of an investment.
- Failure to disclose surrender charges and suitability issues with variable annuity contract.
- Misrepresentation of multiple variable annuity and life insurance contracts.
- Misrepresentation of multiple REITS.
Michael Arteca Red Flags & Your Rights As An Investor
Of course, Michael Arteca 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 Michael Arteca at Pruco Securities, LLC on alert to review carefully the activity and performance of their accounts and question whether Michael Arteca has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco 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 Pruco Securities, LLC Due To Michael Arteca
If you have questions about Pruco Securities, LLC and/or Michael Arteca 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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