RedFlags, Allegations and Complaints against JAY KENNETH WALLICK
Disclosure #1 for JAY WALLICK
- eventDate: 4/22/2005
- Disclosure Type: Customer Dispute
- Disclosure Resolution: Denied
- Disclosure Detail :: Allegations: THE CLIENT ALLEGED THE ANNUITY I RECOMMENDED HE PURCHASED AUGUST 2004 WAS UNSUITABLE GIVEN HIS NEED FOR LIQUIDITY.
- Damage Amount Requested: $9,233.39
- Arbitration Docket Number:
- Broker Comment: THE FIRM FOUND MY RECOMMENDATION FOR THE CLIENT TO PURCHASE THE ANNUITY WAS SUITABLE GIVEN THE CLIENT’S NEED FOR PROTECTION OF PRINCIPLE, FIXED RETURN, AND A STEADY INCOME STREAM TO SUPPLEMENT HIS OTHER RETIREMENT INCOME.
Should I file a FINRA complaint against brokers like JAY KENNETH WALLICK?
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 JAY KENNETH WALLICK’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!
Frequently Asked Questions About JAY KENNETH WALLICK
What is JAY WALLICK’s Central Registration Depository (CRD) Number?
Which firm is JAY KENNETH WALLICK associated with?
COMMONWEALTH FINANCIAL NETWORK
Where is JAY WALLICK located?
425 W. Bonita Avenue, San Dimas, CA, 91773
Where can I find more details about JAY WALLICK’s Investment Firm?
Visit https://brokercheck.finra.org/firm/summary/8032 to read a detailed report for COMMONWEALTH FINANCIAL NETWORK
Are there any disclosures, allegations or complaints filed against JAY KENNETH WALLICK?
Where can I download a detailed FINRA report for JAY WALLICK?
Is it safe to do business with JAY KENNETH WALLICK?
We’re not sure. Please research JAY WALLICK’s disclosures, allegations and complaints before taking a decision
Originally reported on November 16, 2022 @ 12:44 am
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