Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors might have sustained losses because of securities broker Michael Paul Vauble [CRD: 1109895, Sac City, Iowa], according to disclosures on FINRA BrokerCheck. Michael Vauble worked for NYLIFE Securities LLC from June 8, 1983 to October 6, 2022. Read below to know more about the disclosures involving this broker.
Evidently, a client filed a complaint about Michael Vauble. Allegedly, Vauble improperly recommended the client’s use of annuity returns for funding of life insurance policies. As a result, the client allegedly experienced damages. Therefore, on February 24, 2025, NYLIFE Securities LLC settled this matter by paying the client $24,792.00 in damages.
Additionally, a client filed a complaint about Michael Vauble. Supposedly, Vauble made misrepresentations regarding benefits and features of variable annuities. For this reason, the client allegedly sustained damages. Consequently, on October 31, 2022, NYLIFE Securities LLC settled this matter by paying the client $154,558.53 in damages.
Specifically, on February 3, 2022, a NYLIFE Securities LLC client filed a complaint about Michael Vauble. Allegedly, they were not apprised properly about the premiums on a variable universal life policy. Therefore, the client requested compensation from NYLIFE Securities LLC or Vauble. However, the firm denied this complaint.
Also, a client of NYLIFE Securities LLC disputed Michael Vauble’s sales practices in Civil Action No. LAVCV033011 on August 23, 2018. Mainly, the client alleged that Vauble made misrepresented information about a variable universal life policy. It appears that Vauble caused the client to sustain damages. Consequently, the client seeks compensation from NYLIFE Securities LLC or Vauble in this ongoing matter.
In addition, a client filed a complaint about Michael Vauble. Allegedly, the securities broker made misleading or false statements relating to the costs and terms of a variable universal life insurance policy. Therefore, on June 6, 2012, NYLIFE Securities LLC settled this matter.
Additionally, a client of NYLIFE Securities LLC contested Michael Vauble’s sales practices, according to a complaint dated November 2, 2011. Supposedly, Vauble made unsuitable recommendations about variable universal life insurance policies. Consequently, the client sought compensation from NYLIFE Securities LLC or Vauble in the amount of $29,022.84 in this matter. However, the firm denied this complaint.
Do you need clarification on any investment losses relating to Michael Vauble? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a potential recovery. Soreide Law Group helps to recover losses for investors throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Vauble and brokerage firms Vauble worked for deny allegations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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