DANIEL L ENGLISH is currently employed as a Broker and/or Investment Adviser at FORTUNE FINANCIAL SERVICES, INC. located at 5 BOW CREEK DRIVE, MOUNTAIN TOP, PA, 18707.
DANIEL L ENGLISH has worked at FORTUNE FINANCIAL SERVICES, INC. since March 17, 2014
DANIEL L ENGLISH has 3 Disclosure Event(s).
Date: October 03, 2012 Category: Customer Dispute Allegations: THE CLIENT ALLEGES THE RECOMMENDATION TO USE A PORTION OF THE PROCEEDS OF A SURRENDERED VARIABLE ANNUITY TO PURCHASE A FIXED/INDEXED ANNUITY IN APRIL 2012 WAS POOR ADVICE. Broker Comment: THE FIRM'S INVESTIGATION FOUND NO EVIDENCE TO SUPPORT THE CLIENT'S ALLEGATIONS AND CONFIRMED THE CLIENT RECEIVED THE APPROPRIATE INFORMATION TO MAKE AN INFORMED DECISION.
Date: September 13, 2001 Category: Customer Dispute Allegations: ALLEGED MISREPRESENTATION REGARDING FUNDING OF A VARIABLE APPLICABLE LIFE INSURANCE CONTRACT. SPECIFICALLY THE ABBREVIATED PAYMENT PLAN. LUMP SUMS OF PREMIUMS FIRST POLICY YEAR AT CONSERVATIVE INTEREST RATES TO SATISFY ALL PREMIUMS. NOW ARE SAYING NOT ENOUGH PREMIUMS TO SATISFY POLICY. Damage Amount Requested: $45,213.60 Broker Comment: ALLEGED MISREPRESENTATION REGARDING FUNDING OF A VARIABLE APPLICABLE LIFE INSURANCE CONTRACT. SPECIFICALLY THE ABBREVIATED PAYMENT PLAN. LUMP SUMS OF PREMIUMS FIRST POLICY YEAR AT CONSERVATIVE INTEREST RATES TO SATISFY ALL PREMIUMS. NOW ARE SAYING NOT ENOUGH PREMIUMS TO SATISFY POLICY. CASE CLOSED NO ACTION
Date: October 11, 1996 Category: Customer Dispute Allegations: NOT SURE AS I DIDN`T RECEIVE DETAILS OFCOMPLAINT. SETTLED FOR OVER $5000. PER COORESPONDENCE FROMLSSI [THIRD PARTY]. I WAS NOT THE AGENT FOR THISCOMPLAINT!!! THE WRITING AGENT WAS [OTHER FIRM EMPLOYEE], PRUDENTIALAGENT FROM THE HAZLETON DISTRICT OFFICE. I DID REVIEW THISCASE WITH [OTHER FIRM EMPLOYEE] AND WAS PRESENT AT TIME OF APP AS A SALES MGR.DIVIDENDS AND LOANS WERE TO FUND A NEW LIFE INSURANCE POLICY AS [CUSTOMER] HAS A DISABLED SON AND PROCEEDS WERE TO BE USED FOR HIS SON'S CASE. [CUSTOMER] WAS AWARE BOTH DIVIDENDS AND LOANS WERE TO BE USED. HE DID NOT WANT TO FUND NEW POLICY OUT OF POCKET AS HE RECENTLY STARTED A NEW BUSINESS. WHEN NEW POLICY COULD ABBREVIATE, DIVIDEND FROM OLD POLICIES WERE TO PAY BACK LOANS. Settlement Amount: $12,860.65 Broker Comment: UNSURE - PRUDENTIAL SETTLED BUT I`M NOT SURE IFTHEY REFUNDED PREMIUMS OR GAVE A NEW POLICY. NO ACTION TAKENAGAINST ME, AS I WAS NOT THE WRITING AGENT. I WAS A SALESMANAGER WITH PRUDENTIALI WAS PRESENT AT THE TIME OF SALE. FROM MY BESTRECOLLECTION AS I DO NOT HAVE ANY OF [CUSTOMER'S] FILE TOREVIEW, FOLLOWS: [CUSTOMER] CONTACTED AGENT [OTHER FIRM EMPLOYEE] TOREVIEW HIS INSURANCE AS A MET AGENT WANTED TO CASH IN ALL HISPOLICIES AND LUMP SUM INTO A UL. [CUSTOMER] TOLD US THAT HEDID NEED ADD`L INSURANCE TO CARE FOR HIS WIFE AND HANDICAPPEDSON. WE ADVISED [CUSTOMER] TO USE DIVIDENDS AND LOANSANUALLY TO FUND AN ADDITIONAL POLICY INSTEAD OF CASHING IN ALLPOLICIES. WHEN NEW POLICY COULD ABBREVIATE THEN USE DIVIDENDSTO PAY BACK LOANS AND KEEP OLD POLICIES IN FORCE. [CUSTOMER]WAS AWARE & UNDERSTOOD THIS.
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for DANIEL L ENGLISH, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More