Representative Cases – A FINRA arbitration panel awarded $3.2 Million to an Alleghany County egg-farming family swindled in a variable annuity and life insurance scheme promoted by a former AXA financial advisor who was recently convicted for stealing…
Securities Fraud
Published by Ignites.com By Jill Gregorie May 3, 2019 — Axa Advisors must pay $3.2 million to elderly egg farmers who claim they were sold unsuitable variable annuities and life insurance policies by a Rochester, N.Y.-based broker between…
Published by Life Annuity Specialist by Arthur D. Postal May 3, 2019 — An upstate New York broker’s decision to switch a farming family’s investments from life insurance to variable annuities may cost AXA Equitable $3.2 million. That’s how much…
Published by New York AG Connection by New York AG Connection 05/03/2019 — A FINRA arbitration panel has awarded $3.2 million to an Alleghany County egg-farming family swindled in a variable annuity (VA) and life insurance scheme promoted…
Published by usagnet by USAgNET 05/03/2019 — A FINRA arbitration panel has awarded $3.2 million to an Alleghany County egg-farming family swindled in a variable annuity (VA) and life insurance scheme promoted by a former AXA financial…
Published by ABC 13 WHAM Rochester by Jane Flasch/WHAM Thursday, May 2nd 2019 — Rochester, N.Y. – 13WHAM reported Wednesday about a Rochester investment broker convicted of grand larceny involving one client – and ordered to pay $2.3 million to…
Published by Financial Advisor IQ By Alex Padalka May 3, 2019 — AXA Advisors is on the hook for close to $4 million over alleged failures in supervising the variable annuity and insurance sales by one of its brokers…
03 May: Allegany County chicken farmers awarded $3.2M in largest Upstate securities fraud settlement
Published by Olean Times Herald By JULIE McMAHON Syracuse Media Group (TNS) May 2, 2019 @ 12:28 pm — An Allegany County egg-farming family was awarded $3.2 million in what lawyers believe is the largest settlement of a…
Published by Investment News By InvestmentNews May 2, 2019 @ 12:28 pm — Funds sold to 401(k) plans as investment grade actually held lots of junk The Financial Industry Regulatory Authority Inc. has fined AXA Advisors$600,000 and ordered the…
Published by MyTwinTiers.com Posted: May 02, 2019 10:48 AM EDT Updated: May 02, 2019 10:48 AM EDT — ROCHESTER (WROC) – An egg-farming family in Allegany County is receiving a $3.2 million award after they said they…