Calif. Financial Advisor Investigated by Securities Lawyers for VA Sales
PR Web |
Securities lawyers at the Peiffer Rosca law firm, the
Specifically, attorneys are investigating Allen Olander’s sales of variable annuities to some of his customers in connection with retirement and financial advice that Olander provided to customers out of his financial planning office in
Olander consented to a thirteen-month suspension from the security industry, without admitting or denying the regulators’ factual findings, according to the FINRA AWC. The regulators declined to asses a monetary sanction against him, noting that he filed for Chapter 13 bankruptcy protection in 2012, according to the same source.
Attorney
"Securities broker-dealers have a duty to reasonably monitor their brokers’ activities and prevent them from selling unsuitable investments to their customers," said attorney
Olander investors who purchased variable annuities at his recommendation and believe such annuities were unsuitable for their risk profiles may contact the securities lawyers at Peiffer Rosca attorney
The Peiffer Rosca attorneys and attorney
Investors may contact attorneys Peiffer, Gray, or Wolf to discuss possible cases involving
Read the full story at http://www.prweb.com/releases/2014/01/prweb11498885.htm
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