DONNA JEAN BOURDON

DONNA JEAN BOURDON is currently employed as a Broker and/or Investment Adviser at NYLIFE SECURITIES LLC located at 603 MAIN STREET, REDFIELD, SD, 57469.

DONNA JEAN BOURDON has worked at NYLIFE SECURITIES LLC since January 27, 2000

Disclosure History

DONNA JEAN BOURDON has 1 Disclosure Event(s).

Date: July 01, 2009
Category: Customer Dispute
Allegations: THE CUSTOMER ALLEGES THAT IN OR AROUND MARCH OF 2009 THE AGENT HAD HER SIGN PAPERWORK TO TRANSFER HER LATE HUSBAND'S VARIABLE ANNUITY POLICY TO HERSELF VERSES TAKING THE POLICY'S DEATH BENEFIT. THE CUSTOMER FURTHER ALLEGES THAT THE AGENT DID NOT INFORM HER THAT SHE COULD TAKE THE GUARANTEED DEATH BENEFIT AND STATES THAT HER BEST INTERESTS WERE NOT TAKEN INTO CONSIDERATION.
Damage Amount Requested: $10,225.14
Settlement Amount: $25,971.04
Broker Comment: IN THE INTEREST OF GOOD CUSTOMER RELATIONS AND TO RESOLVE THIS MATTER, THE COMPANY OFFERED TO REVERSE THE SPOUSAL CONTINUATION OPTION THAT THE CLIENT ELECTED.THE CUSTOMER WAS ABLE TO CHOOSE THE GUARANTEED DEATH BENEFIT ON THE POLICY.

More Information

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