HERBERT JACK OSTER is currently employed as a Broker and/or Investment Adviser at PARK AVENUE SECURITIES LLC located at 200 BROADHOLLOW ROAD, SUITE 405, MELVILLE, NY, 11747.
HERBERT JACK OSTER has worked at PARK AVENUE SECURITIES LLC since April 26, 2007
Disclosure History
HERBERT JACK OSTER has 1 Disclosure Event(s).
Date: July 15, 2015 Category: Customer Dispute Allegations: Customer alleges signatures on Transaction Agreements for whole life insurance dated 2/25/10, 2/29/13 and 4/2/13 are forgeries. Damage Amount Requested: $5,000.00 Settlement Amount: $4,682.16 Broker Comment: Customer surrendered his traditional life insurance policy for its net surrender value of $27,183.47 as of April 20, 2015. Although the Firm found no evidence of impropriety, the customer received $4,682.16 via settlement with the manufacturer of the traditional life insurance product. The agent denied the allegations and did not contribute to the settlement.
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