MYONG WON PARK

MYONG WON PARK is currently employed as a Broker and/or Investment Adviser at NYLIFE SECURITIES LLC located at 841 BISHOP STREET, DAVIES PACIFIC CENTER - SUITE 1900, HONOLULU, HI, 96813.

MYONG WON PARK has worked at NYLIFE SECURITIES LLC since April 14, 1993

Disclosure History

MYONG WON PARK has 1 Disclosure Event(s).

Date: June 08, 2001
Category: Customer Dispute
Allegations: WITH REGARD TO THE PURCHASE OF THREE VARIABLE ANNUITIES, THE CUSTOMER, THROUGH HER ATTORNEY, ALLEGES SHE WAS TOLD HER INVESTMENTS "WOULD DOUBLE IN A YEAR'S TIME AND EARN 30% INTEREST ANNUALLY." THE CUSTOMER FURTHER ALLEGES SHE WAS NOT GIVEN A PROSPECTUS, IS UNAWARE OF WHAT SHE INVESTED IN, WHY SHE OPENED ACCOUNTS FOR FAMILY MEMBERS, AND THAT SHE SIGNED FOR OTHER FAMILY MEMBERS ALLEGEDLY AT MY DISCRETION.
Damage Amount Requested: $63,000.00
Broker Comment: UPON REVIEW OF POLICY RECORDS AND DATA, NEW YORK LIFE DID NOT FIND SUFFICIENT EVIDENCE TO SUPPORT THE CUSTOMER'S CLAIMS. NO OFFER OF COMPENSATION HAS BEEN MADE TO THE CUSTOMER.

More Information

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