MML Investors Services

Broker Eugene Thomas in MML Investors Services, LLC Firm Has Customer Complaint

March 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eugene Thomas (Thomas), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Thomas recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $150,000.00 on September 06, 2024.

It is alleged that the rep was negligent and failed to properly render investment advice, financial planning services, portfolio and asset management, and pension consulting services, which caused the Plaintiff to incur an otherwise avoidable tax liability.

There are Recent Customer Complaints with Broker Christopher Mancini in Firm MML Investors Services, LLC

March 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Mancini (Mancini), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Mancini recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 11, 2024.

Without admitting or denying the findings, Mancini consented to the sanctions and to the entry of findings that he certified to the State of New York that he had personally completed 15 hours of continuing education required to renew his state insurance license when, in fact, another person had completed that continuing education on his behalf.

Broker Ethan Heisey in MML Investors Services, LLC Firm Has Customer Complaint

March 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ethan Heisey (Heisey), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Heisey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 17, 2024.

On or about May 26, 2023, Mr. Heisey sold a variable life policy to a North Carolina consumer while not licensed as a Variable Life Agent in the State.

There are Recent Customer Complaints with Broker Kuldeep Madan in Firm MML Investors Services, LLC

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kuldeep Madan (Madan), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Madan recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on October 02, 2024.

The Plaintiffs allege that, beginning in 2022, the producer acted in concert with the Firm to induce the Plaintiffs into purchasing life insurance policies with death benefits exceeding seventeen million dollars by making misrepresentations regarding the risks and benefits of these policies and the associated premium financing. It is further alleged that this included the opening of an investment portfolio account to serve as collateral for the premium financing, and resulted in financial harm to the Plaintiffs.

Broker Ashish Chowdhry in MML Investors Services, LLC Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ashish Chowdhry (Chowdhry), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chowdhry recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on October 02, 2024.

The Plaintiffs allege that, beginning in 2022, the producer acted in concert with the Firm to induce the Plaintiffs into purchasing life insurance policies with death benefits exceeding seventeen million dollars by making misrepresentations regarding the risks and benefits of these policies and the associated premium financing. It is further alleged that this included the opening of an investment portfolio account to serve as collateral for the premium financing, and resulted in financial harm to the Plaintiffs.

Broker Jennifer Silberman in MML Investors Services, LLC Firm Has Customer Complaint

March 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jennifer Silberman (Silberman), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Silberman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 25, 2025.

Representative admits that she demonstrated incompetence, within the meaning of Section 2110(a)(4) of the Insurance Law, in that, during the approximate period of March 2021 through December 2021, while appointed as an agent of New York Life Insurance Company, Respondent: (a) electronically signed insurance-related documents without the insureds’ knowledge and/or consent; and (b) in connection with the replacement of life insurance policies, Representative provided each applicant with a Disclosure Statement form that contained false and/or inaccurate information, in violation of Regulation 60 (11 NYCRR 51.5).

Broker Michael Shaughnessy in MML Investors Services, LLC Firm Has Customer Complaint

March 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Shaughnessy (Shaughnessy), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Shaughnessy recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 05, 2025.

The complainant alleges that the Annuity she purchased in/and around April 2020, was misrepresented by her registered representative, and told her the annuity would never earn less, and would only go up in value. The complainant also states that there was never any mention of a minimum percentage and was expecting to earn 15-20%.

Broker Aaron Rask in MML Investors Services, LLC Firm Has Customer Complaint

March 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Aaron Rask (Rask), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rask recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on February 09, 2025.

The complainant alleges that the rep sold her unsuitable and inappropriate financial products beginning in 2022.

Broker Jihoon Park in MML Investors Services, LLC Firm Has Customer Complaint

February 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jihoon Park (Park), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Park recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,658,000.00 on November 04, 2024.

The complainant alleges that the registered representative, that beginning in/around September 2021, made unsuitable recommendations to invest money from her life insurance and divorce settlement, into crypto currency, and then stole and converted her life savings from those investments. The complainant alleges the Firm is responsible for the wrongful acts of the registered representative.

There are Recent Customer Complaints with Broker Joseph Kayal in Firm MML Investors Services, LLC

February 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Kayal (Kayal), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Kayal recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on November 13, 2024.

New York State Department of Financial Services asserts that the representative provided materially untrue and incorrection information on applications for a license to act as an agent and broker in the State of New York submitted in 2019, 2021, and 2022.