Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Felenchak (Felenchak), currently associated with Citizens Securities, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Felenchak recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on August 28, 2024.
The client alleges that the Financial Advisor did not disclose critical information regarding the investments choices within the indexed annuity and how the performance would be impacted by market performance. Client notes that had all relevant information been provided on how the investment choices worked that they would not have chosen this investment
