Planmember Securities Corp. Settles with FINRA Over Variable Annuity Exchanges

Have you lost money investing in variable annuities through Planmember Securities Corp., Inc.?  The law firm of Israels & Neuman is currently investigating allegations made against Planmember Securities, a Carpinteria, California-based securities brokerage firm.  FINRA (the Financial Industry Regulatory Authority) brought a regulatory action against the company, making allegations that it failed to adequately supervise the exchange of variable annuities between July 2012 and June 2016.  FINRA also alleged that they failed to adequately review the use of consolidated reports; customer emails and correspondence; and its representatives’ use of social media.

Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and Seattle, Washington.  We represent investors in FINRA arbitration proceedings in all 50 states, including California.  Our attorneys have represented over one thousand investors against many brokerage firms in the past.

IF YOUR ADVISOR RECOMMENDED INVESTMENTS IN VARIABLE ANNUITIES THAT CAUSED YOU LOSSES, THROUGH PLANMEMBER SECURITIES CORP. OR ANOTHER FIRM, PLEASE CONTACT US AT 720-599-3505 FOR A FREE EVALUATION OF YOUR CASE.