DID KYLE MOSTRANSKY CAUSE YOU INVESTMENT LOSSES?
Kyle Mostransky Of NYLife Securities LLC Has 2 Customer Complaints For Alleged Broker Misconduct
About Kyle Mostransky of NYLife Securities LLC?
Kyle Mostransky (CRD #4763425) Located in Huntington, NY, has been active in the securities industry since 2004 and is currently registered with NYLIFE Securities LLC since January 5, 2012 as a registered broker. He operates under Mostransky Financial and Insurance Solutions, based in Huntington, New York. He has also served as the owner of Mostransky & Associates LLC since December 2016. Over his career, he has passed two general industry/product exams (Series 6 and SIE) and one multi-state securities law exam (Series 63). However, he has not passed any principal or supervisory exams. He holds licenses in 22 U.S. states and territories, reflecting a broad geographic reach.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Kyle Mostransky Customer Complaints and Reviews
Kyle Mostransky has two reported customer disputes:
- Dispute 1 – March 2024
- Complaint: A customer alleged they were not informed of surrender charges for a variable annuity purchased in June 2021.
- Outcome: The firm settled the dispute for $10,200, with no contribution from Mostransky.
- Dispute 2 – August 2017
- Complaint: A customer claimed that recommendations made in 2017 to purchase a variable annuity and invest in mutual funds were unsuitable and requested reimbursement of fees.
- Outcome: The firm reviewed the case and denied the complaint, determining that the allegations were unsubstantiated.
Allegations Against Kyle Mostransky
- March 2024 Disclosure
- The customer accused Mostransky of not adequately disclosing surrender charges linked to a variable annuity purchased in 2021.
- Although settled for $10,200, the settlement did not imply any wrongdoing or liability on Mostransky’s part, as no personal financial contribution was made.
- August 2017 Disclosure
- Allegations centered on unsuitable investment recommendations involving a variable annuity and mutual funds.
- The firm denied the claim, stating insufficient evidence to support the customer’s accusations of unsuitability or improper conduct.
Kyle Mostransky Red Flags & Your Rights As An Investor
Of course, Kyle Mostransky 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 Kyle Mostransky at NYLife Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Kyle Mostransky 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 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 NYLife Securities LLC Due To Kyle Mostransky
If you have questions about NYLife Securities LLC and/or Kyle Mostransky 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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