Investors may have experienced damages due to the actions of securities broker Travis E. Hudson [CRD: 4825700, Columbia, South Carolina], according to disclosures on the Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hudson has worked for Pruco Securities LLC since October 6, 2004, and with Prudential Financial Planning Services since October 11, 2005. Here’s more on Hudson's disclosures, shedding light on the allegations made about him and the potential impact on investors.
Pruco Securities Investor’s Lawsuit Alleged Breach Of Fiduciary Duty
Evidently, a client of Pruco Securities LLC filed a Civil Action No. 2023-CP-13 on March 27, 2023, alleging breach of fiduciary duty in connection with insurance products. The complaint, received on March 30, 2023, is currently ongoing.
Omissions Alleged By Travis Hudson’s Pruco Client
Also, on May 28, 2014, a Pruco Securities LLC client alleged that Hudson failed to disclose tax consequences related to variable annuities. For this reason, the client requested $65,000 in damages. However, the complaint was denied on June 19, 2014.
Pruco Investor Alleged Failure To Disclose Risks
Also, a complaint was filed on May 9, 2012, by a Pruco Securities LLC client regarding the purchase of a Command Advantage policy. Namely, the client alleged that Hudson did not disclose all the facts regarding guarantees and risks. However, this complaint was denied on May 31, 2012.
Did You Sustain Losses Because Of Securities Broker Travis Hudson?
If you suffered losses because of Travis Hudson, consider reaching out to Soreide Law Group online or at (888) 760-6552 to discuss the possibility of a recovery. Soreide Law Group has successfully recovered losses for investors across the United States and operates on a contingency fee basis, advancing all costs. Hudson and the brokerage firms he has worked for deny any allegations of sales practice violations.