Leizl Lacida Terminated By NYLIFE, Linked To Client Dispute Concerning Unauthorized Activities

Investors might have sustained losses because of securities broker Leizl Manapsal Lacida (also known as Leizl Manapdal Lacida) [CRD: 6393273, New York, New York], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Lacida worked for NYLIFE Securities LLC from April 25, 2016, to October 2, 2024. Read below to learn more about Lacida’s disclosures and her separation from NYLIFE Securities LLC.

NYLIFE Securities LLC Terminated Lacida For Unauthorized Activities

Notably, on August 29, 2024, NYLIFE Securities LLC disaffiliated with Lacida. Mainly, NYLIFE Securities LLC claimed that Lacida broke company rules by using a personal email for business matters, communicating with clients via text outside the firm’s approved system, and requesting that clients sign forms that had not been fully completed.

Leizl Lacida Disclosed Unauthorized Transactions Allegations By NYLIFE Securities LLC Client

Notably, a client of NYLIFE Securities LLC disputed Leizl Lacida’s sales practices, according to a complaint. Allegedly, Lacida engaged in unauthorized transactions involving a variable annuity and a fixed annuity. It appears that Lacida caused the client to sustain damages associated with those annuities. Therefore, NYLIFE Securities LLC opted to settle the matter on April 11, 2024, by compensating the client in the amount of $54,087.06.

Have You Made Investments Through Financial Advisor / Securities Broker Lacida?

Did you suffer any investment-related losses because of Leizl Lacida? Contact Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney about a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Lacida and brokerage firms Lacida worked for deny allegations of sales practice violations.