Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 19, 2018 indicate that New York-based Park Avenue Securities broker/adviser Allison Battino has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Battino (CRD# 5177343).
Allison Battino has spent eleven years in the securities industry and has been registered with Park Avenue Securities in Woodbury, New York since 2015. Previous registrations include AXA Advisors in New York, New York (2006-2015). She has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination), which she obtained on September 25, 2006, and Series 7 (Series 7 – General Securities Representative Examination), which she obtained on August 25, 2006. She is a registered broker and investment adviser with eight US states and territories: Connecticut, Delaware, the District of Columbia, Florida, Maryland, New Jersey, New York, and Virginia.
According to her BrokerCheck report, she has received three customer complaints, one pending customer complaint, and one regulatory sanction.
In February 2018 a customer alleged Allison Battino, while employed at AXA Advisors, misrepresented material facts in connection to the sale of an incentive life insurance policy in 2014. The customer is seeking unspecified damages in the pending complaint.
In 2016 a customer alleged Allison Battino, while employed at AXA Advisors, misrepresented material facts and recommended an unsuitable life insurance policy. The complaint settled for $9,950.
In 2014 a customer alleged Allison Battino, while employed at AXA Advisors, recommended an unsuitable variable life insurance policy. The complaint settled for more than $13,400.
In 2011 the Virginia Bureau of Insurance sanctioned her in connection to allegations she misrepresented information on an application for life insurance. She was issued a monetary penalty of $500.
In 2010 a customer alleged she, while employed at AXA Advisors, did not deliver a prospectus on a life insurance product until after the policy took effect, and falsified the variable universal life supplement. The complaint settled for $21,000.
If you or someone you know has lost money investing with Allison Battino, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.