Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeremy Slone (Slone), currently associated with Mwa Financial Services Inc., has at least one disclosable event. These events include one customer complaint, alleging that Slone 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 $34,000.00 on September 16, 2024.
Consumer alleges they and their spouse purchased a life insurance policy in 1988. Consumer alleges in the following years they were told the annual premium for the life insurance would be paid from the cash value of the insurance policy, so consumer assumed they did not need to make additional premium payments. The consumer stopped making additional premium payments in or around 1994. Consumer’s spouse passed away in August 2023. Upon calling to make a claim, consumer alleges they found out the policy had been cancelled for failing to pay premiums. Consumer alleges they were not notified of the policy’s cancellation. Consumer is alleging breach of contract, common law bad faith, statutory bad faith, engaging in unfair trade practices, negligence and fraud through statements and assertions.
