DID RHANDA MELISSA ZAVALA CAUSE YOU INVESTMENT LOSSES?
About Rhanda Zavala Of NYLIFE Securities?
Rhanda Zavala (CRD #5916106) has a comprehensive background in the financial services industry. She is currently registered with NYLIFE Securities LLC in Edinburg, Texas, since December 2, 2013. Throughout her career, Zavala has passed two general industry/product exams—the Securities Industry Essentials Examination (October 1, 2018) and the Investment Company Products/Variable Contracts Representative Examination (Series 6, December 2, 2013). Zavala is registered with one Self-Regulatory Organization (SRO) and has been actively engaged in her roles at NYLIFE Securities LLC and New York Life Insurance Co.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Rhanda Zavala Customer Complaints and Reviews
Rhanda Melissa Zavala has one reported customer dispute:
- Customer Dispute (Settled):
- Date Received: January 7, 2019
- Allegations: The customer alleged that the ongoing premium payments required to keep the insurance policy in force were not adequately explained when she purchased the policy in December 2013.
- Outcome: The dispute was settled for $8,072.68 on April 8, 2019. Zavala did not personally contribute to the settlement amount. The firm determined in good faith that the damages would exceed $5,000, although the customer did not specify an exact claim for damages.
Allegations Against Rhanda Zavala
The specific allegations against Rhanda Melissa Zavala in the reported disclosure involve:
- Failure to Adequately Explain Policy Terms: The customer claimed that Zavala did not clearly explain the ongoing premium payments necessary to maintain the insurance policy. This led to dissatisfaction and the subsequent complaints. The issue was resolved through a monetary settlement, with no admission of wrongdoing on Zavala’s part.
Rhanda Zavala Red Flags & Your Rights As An Investor
Of course, Rhanda Zavala 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 Rhanda Zavala at NYLIFE Securities on alert to review carefully the activity and performance of their accounts and question whether Rhanda Zavala has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLIFE Securities 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 Due To Rhanda Zavala
If you have questions about NYLIFE Securities and/or Rhanda Zavala 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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