GAURANG BHAILAL PARIKH

GAURANG BHAILAL PARIKH is currently employed as a Broker and/or Investment Adviser at PRUCO SECURITIES, LLC. located at 530 RXR Plaza, West Tower, Uniondale, NY, 11556.

GAURANG BHAILAL PARIKH has worked at PRUCO SECURITIES, LLC. since January 21, 1987

Disclosure History

GAURANG BHAILAL PARIKH has 2 Disclosure Event(s).

Date: February 24, 2005
Category: Customer Dispute
Allegations: REGARDING A 7/19/00 VARIABLE UNIVERSAL LIFE POLICY, THE CLIENT ALLEGES MISREPRESENTATION AT POINT OF SALE; AND FAILURE TO EXPLAIN THE POLICY. THE CLIENT FURTHER ALLEGES THE POLICY WAS UNSUITABLE. THIS MATTER IS BEING REPORTED BECAUSE THE COMPLAINT HAS ALLEGED NO DOLLAR AMOUNT AND THE FIRM HAS NOT MADE A GOOD FAITH DETERMINATION THAT THE DAMAGES FROM THE ALLEGED CONDUCT WOULD BE LESS THAN $5,000.
Broker Comment: THIS MATTER IS BEING REPORTED CONSISTENT WITH NASDR RULES PERTAINING TO THE REPORTING OF CERTAIN WRITTEN CUSTOMER COMPLAINTS. THE COMPANY BY THIS FILING MAKES NO ALLEGATIONS REGARDING THE ACTIONS OF THE REPRESENTATIVE.

Date: September 11, 2003
Category: Customer Dispute
Allegations: DIVORCE DECREE ORDERED CLIENT TO TRANSFER FUNDS FROM PENSION PLAN ANNUITY TO EX-WIFE. CLIENT REFUSED; NOW ALLEGES EX-WIFE SIGNED HER NAME AS OWNER OF THE ANNUITY ON TRANSFER REQUEST FORM, WITH HELP FROM THE AGENT, SEEKING TRANSFER OF FUNDS FROM ANNUITY INTO HER ACCOUNT. CLIENT ALLEGES AGENT "SHOULD NOT HAVE GIVEN AND HELP TRANSFER MY PENSION PLAN TO MY EX-SPOUSE".
Broker Comment: CASE CLOSED, THE CLIENT DID NOT RESPOND TO THE COMPANY. THIS MATTER IS BEING REPORTED CONSISTENT WITH NASDR RULES PERTAINING TO THE REPORTING OF CERTAIN WRITTEN CUSTOMER COMPLAINTS. THE COMPANY BY THIS FILING MAKES NO ALLEGATIONS REGARDING THE ACTIONS OF THE REPRESENTATIVE.

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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