LEON MICHAEL OMANSKY

LEON MICHAEL OMANSKY is currently employed as a Broker and/or Investment Adviser at MML INVESTORS SERVICES, LLC located at 3 GOLDEN COURT, WESTBOROUGH, MA, 01581.

LEON MICHAEL OMANSKY has worked at MML INVESTORS SERVICES, LLC since December 12, 1985

Disclosure History

LEON MICHAEL OMANSKY has 1 Disclosure Event(s).

Date: April 29, 1996
Category: Customer Dispute
Allegations: DURING THE FALL OF 1986 I REPRESENTED THAT 2POLICIES OF LIFE INSURANCE OWNED BY [CUSTOMER] WOULDBE PAID UP IN 10 YEARS AND ONE POLICY OWNED BY [CUSTOMER] WOULD BE PAID UP IN 8 YEARS. ALSO THAT A POLICYOWNED BY [CUSTOMER] WOULD BE PAID UP IN 8 YEARS.
Settlement Amount: $11,617.00
Broker Comment: A PAYMENT OF $11,617 WAS MADE TO THE CLAIMANTSIN EXCHANGE FOR A GENERAL RELEASE. THE SETTLEMENT WAS PAID BYNATIONAL UNION FIRE INSURANCE COMPANY, MY ERRORS AND OMISSIONSCARRIER.IN 1986 I HAD WRITTEN UNIVERSAL LIFE POLICIES ONTHE LIVES OF [CUSTOMER] AND [CUSTOMER] THROUGH UNITEDSTATES LIFE INSURANCE COMPANY. ON OCTOBER 21, 1986 I WROTE ALETTER TO [CUSTOMER] INDICATING THAT HIS POLICYWOULD BE PAID UP IN 10 YEARS AND [CUSTOMER'S] POLICYWOULD BE PAID UP IN 8 YEARS. WHEN INTEREST RATES DECLINED INLATER YEARS, ADDITIONAL PREMIUMS WERE REQUIRED. A DEMANDLETTER WAS SENT TO ME BY THE CLAIMANTS ATTORNEY ON 4/29/96

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