DID CRAIG EUGENE FRIEDRICHSEN CAUSE YOU INVESTMENT LOSSES?
Craig Friedrichsen Of Pruco Securities, LLC And Formerly With Voya Financial Advisors, Inc. Has 6 Customer Complaints For Alleged Broker Misconduct
Who is Craig Friedrichsen of Pruco Securities, LLC?
Craig Friedrichsen (CRD #2774629) who is currently registered as a broker and investment adviser with Pruco Securities, LLC and located in Overland Park, Kansas, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Pruco Securities, LLC, Craig Friedrichsen was associated with Voya Financial Advisors, Inc. and 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.
Craig Friedrichsen Customer Complaints
Craig Friedrichsen has been the subject of 6 customer complaints that we know about seeking to recover investment losses. Three of the customer complaints were settled by Craig Friedrichsen’s former employers in favor of the investors. Voya Financial Advisors denied another two more customer complaints, and the investors took no further action. There is currently one FINRA arbitration proceeding that was recently filed against Voya Financial Advisors for the registered representatives alleged misconduct that is still pending.
Allegations Against Craig Friedrichsen
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 illiquid nature and risks associated with a non-traded real estate investment trust.
- Failure to advise the customer that REIT Co. retained the right to stop paying cash dividends.
- Misleading statements related to the risk and safety and suitability of alternative investments.
- Poor advice related to 72T calculation which resulted in reduction of client’s lifetime withdrawal guarantee amount.
- Representative overconcentrated customer’s assets in illiquid, speculative, low-quality, and high commission non-traded REITs, and business development companies.
Craig Friedrichsen Red Flags & Your Rights As An Investor
Of course, Craig Friedrichsen 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 Craig Friedrichsen at Pruco Securities, LLC and Voya Financial Advisors, Inc. on alert to review carefully the activity and performance of their accounts and question whether Craig Friedrichsen has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Pruco Securities, LLC and Voya Financial Advisors, Inc. 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.
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 Craig Friedrichsen
If you have questions about Pruco Securities, LLC, Voya Financial Advisors, Inc. and/or Craig Friedrichsen 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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