Michael Brickman Barred, Involved In Investor Dispute

Investors might have sustained losses due to Michael Craig Brickman [CRD: 4042866, Paramus, New Jersey], and FINRA barred the securities broker, according to disclosures on the Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Brickman worked for Pruco Securities LLC from May 25, 2018, to August 9, 2023. Continue reading to learn more about the nature of the disclosures and the implications for affected investors.

FINRA Barred Brickman For Refusal To Provide Requested Information

Specifically, on February 23, 2024, FINRA issued Acceptance, Waiver Consent (AWC) sanctioning Michael Brickman. Notably, Brickman was barred permanently from all capacities. Supposedly, Brickman refused to provide documents and information requested by FINRA in connection to its investigation into whether he accepted personal checks made out to himself from a client.

Brickman Resigns From Pruco Securities

Evidently, Pruco Securities LLC disaffiliated with Brickman on July 19, 2023. According to the firm, Brickman allegedly accepted personal checks made out to himself from a client.

Michael Brickman Disclosed Misrepresentation Allegations By Pruco Securities LLC. Client

Particularly, a client of Pruco Securities contested Michael Brickman’s sales practices, according to a complaint dated June 30, 2023. Allegedly, Brickman misrepresented the client's profile in annuity applications and made improper recommendations, resulting in surrender penalties. It appears that Brickman allegedly caused the client to sustain damages on fixed annuities. Therefore, the client sought compensatory relief from the firm or Brickman in this ongoing matter.

Did You Sustain Losses Because Of Securities Broker Michael Brickman?

Did you experience losses due to Michael Brickman? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Brickman and brokerage firms PRUCO Securities deny accusations of sales practice violations.