DID PHILLIP MICHAEL GOODMAN CAUSE YOU INVESTMENT LOSSES?
About Phillip Goodman Formerly With Alight Financial Solutions, LLC?
Phillip Goodman (CRD #1702920) has an extensive background in the financial services industry spanning over three decades, though he is not currently registered as a broker. Throughout his career, Goodman has been affiliated with several financial institutions, including Alight Financial Solutions, LLC, TIAA-CREF Individual & Institutional Services, LLC, and Banc of America Investment Services, Inc., predominantly based in Charlotte, NC. He has passed three general industry/product exams, including the Securities Industry Essentials (SIE), General Securities Representative (Series 7), and Investment Company Products/Variable Contracts Representative (Series 6) exams. Additionally, Goodman has passed three multi-state securities law exams: Series 65, Series 66, and Series 63, demonstrating a comprehensive understanding of both federal and state securities laws.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Phillip Goodman Customer Complaints and Reviews
Phillip Michael Goodman’s professional record includes one reported customer dispute:
- Customer Dispute (Closed – No Action): This dispute, filed on January 24, 2020, involved allegations from a client claiming that Goodman did not fully disclose the facts regarding a life insurance policy as an investment/retirement vehicle. The client was dissatisfied with the value of the policy at retirement, alleging it was worth $18,000 instead of the $60,000 initially promised. The complaint was subsequently denied as it pertained to a class of policies already addressed in a nationwide class action settlement. The firm and Goodman were released from further liability under the terms of the settlement, and no action was taken against Goodman.
Allegations Against Phillip Goodman
The allegation against Phillip Michael Goodman involves:
- Misrepresentation: The client alleged that at the point of sale, Goodman failed to fully disclose all relevant details about the life insurance policy being an investment/retirement product, specifically regarding its value at retirement. Goodman and his firm denied the allegations, stating that the policy in question fell under a class already resolved by a nationwide class action settlement, thereby nullifying individual claims against the firm and Goodman.
Phillip Goodman Red Flags & Your Rights As An Investor
Of course, Phillip Goodman 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 Phillip Goodman at Alight Financial Solutions, LLC and TIAA-CREF Individual & Institutional Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Phillip Goodman has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Alight Financial Solutions, LLC and TIAA-CREF Individual & Institutional Services, 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 Alight Financial Solutions, LLC Due To Phillip Goodman
If you have questions about Alight Financial Solutions, LLC, TIAA-CREF Individual & Institutional Services, LLC and/or Phillip Goodman 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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