Investors possibly experienced losses because of securities broker Brian Lee Freeman [CRD: 1379227, Newport Beach, California], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Brian Freeman worked for Securian Financial Services Inc. from June 23, 1988, to August 10, 2023. Here’s an overview of Brian Freeman’s disclosures.
Particularly, on November 8, 2023, a Securian Financial Services Inc. client filed a complaint about Brian Freeman. Mainly, the client alleged that Freeman had the client deposit borrowed funds obtained through mortgage refinancing into an existing variable life insurance policy to extend the life of the policy. As a result of allegedly unsuitable recommendations, the client requested compensation from Securian Financial Services Inc. or Freeman.
Specifically, a client of Securian Financial Services contested Freeman’s sales practices by filing Civil Action No. 00510312. Supposedly, the insurance company denied a life insurance claim for the death benefit after the policy lapsed. For this reason, Securian Financial Services opted to settle the matter on March 28, 2012, by compensating the client in the amount of $575,000.
Have you experienced losses due to financial advisor / securities broker Brian Freeman? You could contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney regarding a potential recovery. Soreide Law Group investment loss lawyers help individuals throughout the United States, work on a contingency fee basis, and advance all costs. Freeman and brokerage firms Freeman worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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