Investors potentially incurred losses because of securities broker Rylan Chase Haecker [CRD: 7030389, San Antonio, Texas], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Rylan Haecker worked for NYLIFE Securities LLC from October 18, 2019, to May 19, 2022. Keep reading to discover more about disclosures involving this securities broker and the client complaints reported on FINRA BrokerCheck.
NYLIFE Securities Client Accused Haecker Of Sales Practice Violation
Evidently, a client filed a complaint about Rylan Haecker. Primarily, the client alleged that Haecker made omissions by not adequately informing the client about fees and surrender charges connected to a variable annuity purchased in September 2021. For this reason, the client allegedly sustained damages connected to variable annuities. As a result, on June 13, 2024, NYLIFE Securities LLC settled this matter by paying the client $7,778.12 in damages.
NYLIFE Securities Investor Accused Rylan Haecker Of Omissions
Also, a client filed a complaint about Rylan Haecker. Mainly, the client alleged that Haecker made omissions by not fully informing the client about required combined premium payments for a custom whole life insurance policy and a variable universal life policy, and that the premium payments erroneously stopped without the client’s knowledge. Because of this, the client allegedly incurred damages associated with life insurance products. Consequently, on December 7, 2023, NYLIFE Securities LLC settled this matter by paying the client $57,622.84 in damages.
Haecker Disclosed Misrepresentation Allegations By NYLIFE Securities LLC Client
Notably, a client of NYLIFE Securities LLC contested Rylan Haecker’s sales practices, according to a complaint. Allegedly, Haecker informed the client that 5–6% interest would be applied to the client’s account within six months of moving funds into a variable annuity, which the client alleged never occurred. It appears that Haecker caused the client to experience damages linked to variable annuities. Therefore, NYLIFE Securities LLC opted to settle the matter on October 31, 2023, by compensating the client in the amount of $38,682.
Were You Impacted By Financial Advisor / Securities Broker Rylan Haecker?
Do you need clarification on any investment losses relating to Rylan Haecker? Get in touch with Soreide Law Group at (888) 760-6552 or online and consult with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm represents investors on a contingency fee basis and advances all costs. Haecker and brokerage firms Haecker worked for deny allegations of sales practice violations.
