BARI WALTER BELL at REGULUS FINANCIAL GROUP, LLC – View Complaints, Disclosures, Scams and Audit Report (Updated 2023)

 

 

CRD# 1331450

Disclosure #1 for BARI BELL

    • eventDate: 11/26/1996
    • Disclosure Type: Customer Dispute
    • Disclosure Resolution: Settled
    • Disclosure Detail :: Allegations: [CUSTOMER HAD PRUDENTIAL INSURANCE POLICIES WHICH HAD OUTSTANDING LOANS. HE WAS MAKING PREMIUM AS WELL AS LOAN PAYMENTS INTO HIS POLICIES. PRUDENTIAL ENCOURAGED INTERNAL EXCHANGES OF CONTRACTS WHEN THERE WERE SUBSTANTIAL LOANS UPON PERMANENT CONTRACTS. THE DISTRICT AND SALES MANAGER ACCOMPANIED ME UPON THE INTERVIEW WITH [CUSTOMER’S. ABOUT 1986 [CUSTOMER CONVERTED HIS CONTRACTS TO A VARIABLE CONTRACT. HE NO LONGER HAD LOANS AND HAD MORE INSURANCE FOR [FAMILY MEMBER. HE HAD ABOUT $81000 OF CONTRACT VALUE AND $200000 OF LIFE INSURANCE. AROUND 1988-89, [CUSTOMER WITHDREW $50000 TO PURCHASE A LOT IN FLORIDA ACCORDING TO OUR PHONE CONVERSATION. THIS HAD A NEGATIVE EFFECT UPON THE PLANS AND PROJECTIONS WHICH WERE DISCUSSED WHEN THE CONTRACT WAS ESTABLISHED. APPARENTLY [CUSTOMER WAS REQUIRED TO MAKE ADDITIONAL PREMIUM PAYMENTS TO THE CONTRACT AS A RESULT OF WITHDRAWING THE $50000.APPARENTLY PRUDENTIAL GAVE HIM $31000. THIS ALONG WITH THE $50000 WOULD BE ABOUT HIS COST IN THE CONTRACT.
    • Settlement Amount: $31,108.15
    • Arbitration Docket Number:

Should I file a FINRA complaint against brokers like BARI WALTER BELL?

Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.

Update – 2022.11.15If you have suffered investment losses that may have been caused by BARI WALTER BELL’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!


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Frequently Asked Questions About BARI WALTER BELL

What is BARI BELL’s Central Registration Depository (CRD) Number?

Which firm is BARI WALTER BELL associated with?

REGULUS FINANCIAL GROUP, LLC

Where is BARI BELL located?

3681 Northbriar Drive, Traverse City, MI, 49686

Where can I find more details about BARI BELL’s Investment Firm?

Visit https://brokercheck.finra.org/firm/summary/150631 to read a detailed report for REGULUS FINANCIAL GROUP, LLC

Are there any disclosures, allegations or complaints filed against BARI WALTER BELL?

Yes. There are disclosures, allegations, or complaints filed against BARI WALTER BELL. Click here to view all details

Where can I download a detailed FINRA report for BARI BELL?

Click here to download a detailed FINRA report for BARI BELL

Is it safe to do business with BARI WALTER BELL?

We’re not sure. Please research BARI BELL’s disclosures, allegations and complaints before taking a decision




Originally reported on November 16, 2022 @ 12:39 am

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