Kyle Mostransky Facing Misrepresentation Allegations at NYLIFE Securities

Financial Industry Regulatory Authority (FINRA) BrokerCheck shows disclosures about securities broker Kyle Mostransky [CRD: 4763425, Huntington, New York]. Mostransky has worked for NYLIFE Securities LLC in Huntington, New York, since January 5, 2012. Evidently, he has faced client disputes regarding his conduct in the securities industry. Continue reading to learn more about the allegations and their outcomes.

Settlement for Misrepresentation Allegations

On April 11, 2024, NYLIFE Securities LLC settled an investor complaint for $10,200 in damages. The complaint involved allegations that Mostransky made misrepresentations during the sale of variable annuities while he worked for NYLIFE Securities.

Unsuitable Recommendations Complaint Relating to Kyle Mostransky

In a previous instance, on August 1, 2017, a client of NYLIFE Securities made a complaint accusing Mostransky of unsuitable recommendations regarding mutual funds and variable annuities. This client asked for compensation. However, on August 25, 2017, NYLIFE Securities denied the complaint, and no compensation was awarded.

Contact Soreide Law About Mostransky Today

For more information, contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. Mostransky and the firms he worked for deny any wrongdoing related to these allegations. Soreide Law Group has experience representing investors throughout the country. The firm handles cases on a contingency basis.