MICHAEL KRASCO is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 346 COMMERCIAL STREET, BOSTON, MA, 02109.
MICHAEL KRASCO has worked at LPL FINANCIAL LLC since September 02, 2014
Disclosure History
MICHAEL KRASCO has 1 Disclosure Event(s).
Date: March 25, 2013 Category: Customer Dispute Allegations: CLIENT MAKES MULTIPLE CLAIMS RELATED TO SALE OF VARIABLE ANNUITY PRODUCT. Damage Amount Requested: $18,750.00 Broker Comment: CUSTOMER MADE UNSUBSTANTIATED ALLEGATIONS REGARDING THE PURCHASE OF A VARIABLE ANNUITY. CLIENT ALSO SIGNED MULTIPLE DISCLOSURES RELATED TO THE ANNUITY AND REBUFFED SEVERAL ATTEMPTS BY REGISTERED REPRESENTATIVE TO HAVE A MEETING WHERE REGISTERED REPRESENTATIVE COULD EXPLAIN THE MISTAKEN ASSUMPTIONS MADE BY THE CUSTOMER. CUSTOMER HAS SUFFERED NO LOSSES OTHER THAN THE SURRENDER CHARGE HE MAY SUSTAIN DUE TO HIS INSISTENCE ON SURRENDERING THE POLICY WHEN SURRENDER IS UNNECESSARY.
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