Broker Mike Libmann Purportedly Misrepresented, Concealed Information Investors are coming forward with disputes about securities broker Mike Libmann [CRD#: 1323896, Quincy, Illinois]. Evidently, Libmann, who associated with MML Investors Services until 2018, reports 4 investor disputes on Financial Industry Regulatory Authority (“FINRA”) BrokerCheck. Notably, his clients suggest that he concealed important information concerning investments that […]

The Financial Industry Regulatory Authority (FINRA) announced in December, 2012, that Pruco Securities, LLC, a New Jersey based registered broker-dealer, was ordered to pay nearly $11 million in restitution and $550,000 in fines for failing to process written mutual fund orders received by mail or fax, to have in place an adequate supervisory system designed […]