RICHARD DOUGLAS FYLES

RICHARD DOUGLAS FYLES is currently employed as a Broker and/or Investment Adviser at NYLIFE SECURITIES LLC located at 139 NEEDHAM HILL ROAD, ORWELL, VT, 05760.

RICHARD DOUGLAS FYLES has worked at NYLIFE SECURITIES LLC since October 10, 1988

Disclosure History

RICHARD DOUGLAS FYLES has 1 Disclosure Event(s).

Date: April 30, 2002
Category: Customer Dispute
Allegations: WITH REGARDS TO A VARIABLE LIFE INSURANCE POLICY PURCHASED IN JANUARY 2002 FUNDED WITH PROCEEDS FROM TWO PREVIOUS NEW YORK LIFE POLICIES, THE CUSTOMER ALLEGES THAT THE INVESTMENT DID NOT MEET HIS FINANCIAL NEEDS. THE CUSTOMER ALSO ALLEGES THAT I DID NOT FULLY EXPLAIN THE INVESTMENT. THE CUSTOMER REQUESTS TO HAVE THE PREVIOUS POLICIES RESTORED. THE ALLEGED COMPENSATORY DAMAGE AMOUNT SHOWN BELOW REPRESENTS THE TOTAL PREMIUMS PAID.
Damage Amount Requested: $19,933.52
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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