Investors reportedly complained about securities broker John Kenyon Lang [CRD: 2830417, Scarsdale, New York], based on public information found on FINRA BrokerCheck. Evidently, Lang has worked for Park Avenue Securities LLC in Rye Brook, New York since May 3, 1999, and has also been registered as an investment adviser with the same firm in Scarsdale, New York since January 22, 2002. Keep reading to discover more about the disclosures involving Lang.
Park Avenue Securities LLC Investor Accused Lang Of Unsuitable Advice
Evidently, on February 11, 2025, a Park Avenue Securities LLC client filed FINRA Arbitration No. 25-00292 about John Lang. Primarily, the client alleged that Lang made unsuitable recommendations relating to the liquidation of securities for life insurance policy purchases. Because of this, the client allegedly sustained damages. For this reason, the client requested compensation in excess of $5,000 from Park Avenue Securities LLC or Lang. This arbitration is pending a resolution.
John Lang Disclosed Unsuitable Trading Allegations By Park Avenue Securities LLC Client
Additionally, a client of Park Avenue Securities LLC contested John Lang’s sales practices, according to a complaint dated January 12, 2023. Allegedly, Lang gave unsuitable advice involving fixed life insurance policies and a variable universal life insurance policy. Therefore, the client sought compensation from Park Avenue Securities LLC or Lang in the amount of more than $5,000 in this matter. However, the firm denied this complaint.
Have You Made Investments Through Securities Broker Lang?
Did you experience losses because of John Lang? You should reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for clients throughout the United States. The firm also works on a contingency fee basis and advances all costs. Lang and brokerage firms Lang worked for deny all allegations of sales practice violations.