DID JOHN DONALD FRONCKOWIAK CAUSE YOU INVESTMENT LOSSES?
John Fronckowiak Of NYLife Securities LLC Has 1 Customer Complaint For Alleged Broker Misconduct
About John Fronckowiak of NYLife Securities LLC?
John Fronckowiak (CRD #5734805) , NYLife Securities LLC? John Fronckowiak (CRD #5734805) has a somewhat contentious track record in the financial industry. Registered with NYLife Securities LLC in Provo, Utah since October 2010, Fronckowiak’s professional qualifications include passing two general industry/product exams and one state securities law exam. Despite these qualifications, he has not completed any principal/supervisory exams, which may call into question his depth of understanding and capability in managing more complex financial responsibilities. Registered in only three U.S. states and territories, his reach and influence in the broader financial landscape appear limited. His single employment since 2010 could indicate stability, yet also suggests a lack of broader industry experience or advancement.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
John Fronckowiak Customer Complaints and Reviews
Fronckowiak’s FINRA record includes a notable customer dispute:
- Miscommunication and Mismanagement of Investment Vehicle (Settled): A client alleged in January 2023 that despite her explicit instructions against exposure to the stock market, Fronckowiak invested her funds in a variable annuity. The customer dispute, which highlighted potential miscommunication or disregard for client specifications, was settled in March 2023 for $6,886.92, slightly less than the alleged damages of $7,000.
Allegations Against John Fronckowiak
The allegations against John D. Fronckowiak focus on:
- Miscommunication or failure to adhere to the client’s investment preferences, specifically investing a client’s funds in a variable annuity despite her instructions to avoid stock market exposure.
This issue raises serious concerns regarding his listening skills and his ability to execute investment decisions in alignment with client directives.
John Fronckowiak Red Flags & Your Rights As An Investor
Of course, John Fronckowiak 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 John Fronckowiak at NYLife Securities LLC on alert to review carefully the activity and performance of their accounts and question whether John Fronckowiak 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 John Fronckowiak
If you have questions about NYLife Securities LLC and/or John Fronckowiak 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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