DID ERIC J BRISEBOIS CAUSE YOU INVESTMENT LOSSES?
Eric Brisebois Of NYLife Securities LLC Has 3 Customer Complaints For Alleged Broker Misconduct
About Eric Brisebois of NYLife Securities LLC?
Eric Brisebois (CRD #4160820) is a broker whose career raises concerns, despite his long-standing registrations with reputable firms such as NYLife Securities LLC and Eagle Strategies LLC since 2000 and 2007 respectively. Brisebois is licensed in 17 U.S. states and territories, but his professional journey is blemished by notable regulatory flags. He has passed three general industry/product exams and two state securities law exams. His career, concentrated in Massachusetts, shows a pattern of staying within certain firm structures, which might be seen as a lack of broader market engagement or adaptability. This limited exposure could be problematic, reflecting a potentially narrow scope of expertise in an industry that values wide-ranging experiences and adaptability.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Eric Brisebois Customer Complaints and Reviews
Eric J. Brisebois has been involved in three customer disputes, which cast a shadow on his professional conduct:
- Unauthorized Transactions and Forgery (Settled): A customer alleged unauthorized liquidation of Qwest stock and disputed signatures on account documents in November 2008, which was settled in February 2013 for $57,155.70, pointing to severe lapses in handling client accounts and document security.
- Misrepresentation of Financial Products (Denied): In December 2001, a client claimed that variable universal life policies did not meet her financial needs, a complaint that was denied in February 2023. This denial, while legally absolving Brisebois, still questions his transparency and client alignment.
- Lack of Disclosure on Variable Annuities (Denied): Customers were reportedly uninformed about the conditions attached to their variable annuities in May 2010, a complaint also denied in December 2013. This case suggests possible issues with clear communication and ethical standards in financial advisement.
Allegations Against Eric Brisebois
The allegations against Eric J. Brisebois include:
- Unauthorized transactions and forgery, indicating, if true, a profound breach of trust and lack of integrity in managing client assets.
- Misrepresentation of financial products, suggesting failures in adequately informing clients about the nature and suitability of financial products.
- Failure to disclose critical information about financial products, particularly the liquidity and penalty terms of variable annuities, which could significantly impact client financial strategies and outcomes.
Eric Brisebois Red Flags & Your Rights As An Investor
Of course, Eric Brisebois 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 Eric Brisebois at NYLife Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Eric Brisebois has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLife Securities LLC 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 NYLife Securities LLC Due To Eric Brisebois
If you have questions about NYLife Securities LLC and/or Eric Brisebois 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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