Articles Tagged with NYLife Securities

Kari BracyPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 14, 2018 indicate that Florida-based NYLife Securities broker Kari Bracy has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Bracy (CRD# 5656186).

Kari Bracy has spent nine years in the securities industry and has been registered with NYLife Securities in Jacksonville Beach, Florida since 2009. She has no previous registrations. She has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which she obtained on October 2, 2014, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which she obtained on July 14, 2009. She is a registered broker with one US state, Florida, and with one self-regulatory organization (SRO): FINRA.

According to her BrokerCheck report, she has received one pending customer complaint.

NYLife Securities

Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 31, 2018 indicate that New York-based brokerage firm NYLife Securities has received numerous customer disputes and regulatory sanctions. Fitapelli Kurta is interested in hearing from investors who have complaints regarding NYLife Securities (CRD# 5167).

Established in Delaware in 2007, NYLife Securities is headquartered in New York, New York and registered with 51 US states and territories. It is registered with two self-regulatory organizations (SROs): FINRA and the Securities and Exchange Commission (SEC). According to the firm’s BrokerCheck report, it has received ten regulatory events and nine customer complaints that evolved into arbitration.

In March 2017 the New Hampshire Bureau of Securities Regulation sanctioned the firm in connection to allegations it failed to take steps to ensure the shutdown of the office of a terminated representative in accordance with the firm’s supervisory manual. The firm was censured and issued a fine of $3,750.

Joel FlaninganPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on June 15, 2018 indicate that former Indiana-based NYLife Securities broker Joel Flaningan, who is involved in a pending customer dispute, was recently terminated from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Flaningan (CRD# 5664958).

Joel Flaningan has spent seven years in the securities industry and was most recently registered with NYLife Securities in Fort Wayne, Indiana (2010-2018). He has no previous registrations. He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on November 17, 2010, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on December 20, 2010. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received a pending customer complaint and was recently discharged from his former employer.

Marlyn McClainPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on May 23, 2018 indicate that Iowa and Nebraska-based NYLife Securities broker Marlyn McClain has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. McClain (CRD# 325415).

Marlyn McClain has spent 41 years in the securities industry and has been registered with NYLife Securities in Council Bluffs, Iowa and Omaha, Nebraska since 1982. She was previously registered with New York Life Variable Contracts Corporation (1974-1979). She has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which she obtained on September 21, 1984, and Series 1 (Registered Representative Examination), which she obtained on May 10, 1974. She is a registered broker and investment adviser with 20 US states and territories: Arizona, Arkansas, California, Colorado, Florida, Georgia, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, New Jersey, New York, Oklahoma, South Carolina, South Dakota, Texas, Washington, and Wisconsin.

According to her BrokerCheck report, she has received two customer complaints and one pending customer complaint.

Michael DamonPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 28, 2018 indicate that Massachusetts-based NYLife Securities broker/adviser Michael Damon has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Damon (CRD# 4501030).

Michael Damon has spent 15 years in the securities industry and has been registered with NYLife Securities in Medway, Massachusetts since 2002. He has no previous registrations. He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on October 8, 2016; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on July 7, 2003; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on April 23, 2002. He is a registered broker and investment adviser with 10 US states: Alabama, California, Connecticut, Florida, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Washington.

According to his BrokerCheck report, he has received three customer complaints and one pending customer complaint.

Grover Hinebaugh

Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on March 27, 2018 indicate that New York-based NYLife Securities broker Grover Hinebaugh has been involved in customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hinebaugh (CRD# 848325).

Grover Hinebaugh has spent 31 years in the securities industry and has been registered with NYLife Securities in Lady Lake, Florida since 1994. Previous registrations include Titan/Value Equities Group in Irvine, California and NYLife Securities in New York, New York (1982-1990). He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on June 8, 1994; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on June 8, 1994; and Series 1 (Registered Representative Examination), which he obtained on January 26, 1978. He is a registered broker with ten US states: Arizona, California, Colorado, Florida, Georgia, Hawaii, New York, Ohio, Pennsylvania, and Texas.

According to his BrokerCheck report, he has received two customer complaints and four denied customer complaints.

Gabriel HynesPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 22, 2017 indicate that former Florida-based NYLife Securities broker/adviser Gabriel Hynes was recently sanctioned by FINRA and suspended from acting as a broker. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hynes (CRD# 3152541).

Gabriel Hynes has spent 18 years in the securities industry and was most recently registered with NYLife Securities in St. Augustine, Florida (2001-2017). He was previously registered with AG Edwards & Sons in St. Louis, Missouri. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received one FINRA sanction and one customer complaint, and resigned from his former employer.

Amr AboulmagdPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 1, 2017 indicate that former Pennsylvania-based NYLife Securities broker Amr Aboulmagd has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Aboulmagd (CRD# 3273075).

Amr Aboulmagd has spent six years in the securities industry and was most recently registered with NYLife Securities in Horsham, Pennsylvania (2009-2015). Previous registrations include American Express Financial Advisors in Minneapolis, Minnesota; IDS Life Insurance Company in Minneapolis, Minnesota; and GSG Securities in Boca Raton, Florida. He is currently not registered with any state or firm.

According to his BrokerCheck report, Amr Aboulmagd has received one FINRA sanction and two customer complaints.

Stephen MellingerPublic records provided by the Financial Industry Regulatory Authority (FINRA) on December 16, 2016 indicate that former Michigan-based NYLife Securities broker/adviser Stephen Mellinger is currently not affiliated with any broker-dealer firm and has been the subject of a customer dispute. The seasoned attorneys at Fitapelli Kurta are interested in hearing from investors who have complaints regarding Mr. Mellinger (CRD# 2819752).

Stephen Mellinger has spent fifteen years in the securities industry and was most recently registered with NYLife Securities in Niles, Michigan (2009-2015). Previous registrations include Northwestern Mutual Investment in Valparaiso, Indiana (1997-2007) and Robert W. Baird & Company in Milwaukee, Wisconsin (1997-2002). He is currently not registered with any state or firm.

According to his BrokerCheck report, Stephen Mellinger has received one customer complaint and recently resigned from his former employer.

 James KolfPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on October 14, 2016 indicate that former Wisconsin-based NYLife Securities broker James Kolf has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Kolf (CRD# 1015682).

James Kolf has spent 34 years in the securities industry and was most recently registered with NYLife Securities in Madison, Wisconsin (2016). Previous registrations include MetLife Securities in Middleton, Wisconsin; New England Securities in Middleton, Wisconsin; Signator Investors in Madison, Wisconsin; and John Hancock Mutual Life Insurance Company in Boston, Massachusetts. He is currently not registered with any state or firm.

According to his BrokerCheck report, James Kolf has been sanctioned by FINRA.