Investors might have suffered losses due to securities broker Paula K. Petersen (also known as Paula Schamberger) [CRD: 7078487, Aspen, Colorado], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Petersen worked for NYLIFE Securities LLC from April 2, 2019, to June 20, 2024, and Hornor, Townsend Kent LLC from June 17, 2024, to January 16, 2026. Keep reading to learn more about disclosures involving this securities broker.
Particularly, on October 28, 2025, a NYLIFE Securities LLC client filed a complaint about Paula Petersen. Mainly, the client alleged that Petersen made unsuitable recommendations involving a variable universal life insurance product purchased in November 2021. For this reason, the client allegedly experienced damages. Therefore, the client requested compensation from NYLIFE Securities LLC or Petersen. The complaint remains pending.
Unsuitable advice involving universal life insurance generally refers to allegations that a securities broker or financial advisor recommended a policy that did not match a client’s financial goals, risk tolerance, liquidity needs, or overall investment profile. These allegations can involve claims that the costs, risks, or long-term funding obligations connected to universal life insurance products were not fully explained before purchase.
Did you experience losses because of Paula Petersen? If so, reach out to Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the US. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Petersen and brokerage firms Petersen worked for deny accusations of sales practice violations.
Investors potentially experienced sales practice violations by securities broker Austin J. Masel [CRD: 7373817, Boston, Massachusetts], according to disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Masel worked for Morgan Stanley from November 1, 2021, to the present as a securities broker and from February 28, 2022, to the present as a financial advisor. […]
Investors have reportedly disputed the sales practices of securities broker William Courtwright (also known as Bill Courtwright) [CRD: 2619811, Paramus, New Jersey], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Courtwright worked for Ameriprise Financial Services LLC in Paramus, New Jersey, since June 26, 1995, and as a financial advisor with the firm […]
Investors might have suffered losses due to securities broker Paula K. Petersen (also known as Paula Schamberger) [CRD: 7078487, Aspen, Colorado], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Petersen worked for NYLIFE Securities LLC from April 2, 2019, to June 20, 2024, and Hornor, Townsend Kent LLC from June 17, 2024, […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com