YOLANDA LILLY TAM is currently employed as a Broker and/or Investment Adviser at NYLIFE SECURITIES LLC located at 4008 CHELSEA CROSSING, NORTHGATE BUSINESS PARK, HURRICANE, WV, 25526.
YOLANDA LILLY TAM has worked at NYLIFE SECURITIES LLC since October 21, 1996
Disclosure History
YOLANDA LILLY TAM has 2 Disclosure Event(s).
Date: April 11, 2008 Category: Customer Dispute Allegations: WITH REGARD TO THE PURCHASES OF VARIABLE ANNUITY POLICIES IN OR AROUND APRIL OF 2003, THE CUSTOMER ALLEGES THROUGH A LETTER FROM HER ATTORNEY THAT THE RR FAILED TO DISCLOSE THE SURRENDER FEES AND ALSO ALLEGES THAT THE RR SUGGESTED PRODUCTS THAT WERE INAPPROPRIATE. Broker Comment: BASED ON OUR GOOD FAITH ESTIMATE THE COMPANY HAS MADE A DETERMINATION THAT THE COMPENSATORY DAMAGES COULD BE MORE THAN $5,000.
Date: February 22, 2001 Category: Customer Dispute Allegations: WITH REGARD TO A VARIABLE ANNUITY PURCHASED BY THE CUSTOMER IN DECEMBER 1999, THE CUSTOMER ALLEGES HE BELIEVED THERE WAS A GUARANTEE AS TO THE PRINCIPLE AND AN MINIMUM ANNUAL 3% RETURN ON THE INVESTMENT. CUSTOMER REQUESTS A REFUND WITHOUT PENALTY AND WITH NO CAPITAL LOSS, OR, FOR THE MONEY TO BE INVESTED IN TREASURY BONDS "WITH A STEADY GAIN, WITH NO LOSS OF CAPITAL." Damage Amount Requested: $184,518.07 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.
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