Park Avenue Securities LLC

There are Recent Customer Complaints with Broker James Hecker in Firm Park Avenue Securities LLC

April 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 29, 2024.

Client alleges the RR made certain representations about the death benefit rider on a variable annuity purchased by the client, that turned out to be incorrect.

There are Recent Customer Complaints with Broker Donald Taylor in Firm Park Avenue Securities LLC

April 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 29, 2024.

Client alleges the RR made certain representations about the death benefit rider on a variable annuity purchased by the client, that turned out to be incorrect.

There are Recent Customer Complaints with Broker John Lang in Firm Park Avenue Securities LLC

March 27, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 12, 2025.

Claimant alleges the liquidation of securities to purchase various fixed life insurance products was unsuitable.

There are Recent Customer Complaints with Broker Glenn Ngo in Firm Park Avenue Securities LLC

March 25, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Glenn Ngo (Ngo) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Ngo was employed by Park Avenue Securities LLC at the time of the activity. If you have been a victim of Ngo’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on March 04, 2025.

Without admitting or denying the findings, Ngo consented to the sanction and to the entry of findings that he refused to produce information and documents requested by FINRA in connection with its investigation into whether he had participated in a potential private securities transaction away from his member firm.

There are Recent Customer Complaints with Broker Fateh Sokkar in Firm Park Avenue Securities LLC

March 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 27, 2024.

Client alleges the purchase of two Brighthouse annuities were misrepresented to allow for annual rate locks when she was recently advised that the annuities allow for one rate lock for the entire term instead of one a year. Client requested to surrender the annuities without the imposition of the CDSC charges.

Broker Andrew Andreotta in Park Avenue Securities LLC Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $50,000.00 on October 01, 2024.

Claimants allege funds from their securities account were used to pay the premiums on a fixed life insurance policy based on the RRs recommendation. Claimants allege the insurance policy was unsuitable and not represented properly.

Broker John Suckey in Park Avenue Securities LLC Firm Has Customer Complaint

March 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Suckey (Suckey), currently associated with Park Avenue Securities LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Suckey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on October 14, 2024.

Client signed an affidavit of forgery alleging the signature on some of the fixed life insurance policy application/documents dated 10/25/21, were forged and not authorized by him.

Broker Christopher Guzman in Park Avenue Securities LLC Firm Has Customer Complaint

February 27, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 11, 2024.

The customer alleges she was misled when she purchased a variable universal life insurance policy in June 2022 and has requested a full refund.

Broker Robert Hicks in Park Avenue Securities LLC Firm Has Customer Complaint

February 23, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 04, 2024.

The customer has alleged that the money he invested, in October 2018, for what was supposed to be a 529 remained in the money market. The customer seeks compensation for missed opportunity.

There are Recent Customer Complaints with Broker Matthew Barks in Firm Park Avenue Securities LLC

February 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 06, 2023.

Client signed an affidavit of forgery alleging the RR forged his signature on a fixed life insurance policy cash surrender request form.