Adam J Rutstein (CRD#4621152) and BANKERS LIFE SECURITIES, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Adam J Rutstein (CRD#4621152) regarding allegations made regarding the following:

Claim(s) Made Against Adam J Rutstein:

Claim Date: 2/20/2020

“In a written complaint dated February 17, 2020 and received on February 20, 2020 addressed to Bankers Life and Casualty Company (BLC), an insurance company affiliate of the Firm, [REDACTED] alleged that a Premium Bonus Indexed Annuity (PBIA) purchased from BLC in December of 2018 was unsuitable. The complaint alleged [REDACTED] never received the policy and was unaware of the free-look period to cancel the annuity. [REDACTED] requested that BLC provide her with a better product to fit her needs or return her initial investment funded into this annuity. BLC determined that the annuity was suitable based on client‘s financial status, goals and objectives. In addition, BLC determined the client executed a delivery receipt of the annuity and she was informed of the free-look period to cancel the policy. While the PBIA sold to [REDACTED] was not a security and was issued by BLC, the Firm is reporting this complaint because the source of funding for the BLC annuity came from the sale of securities recommended by a registered representative of this Firm.”

This claim, as of this posting, is currently Denied with a claim amount of $20,940.00 .

See more information on FINRA’s BrokerCheck site for Adam J Rutstein.

Did you have a negative experience with Adam J Rutstein?

The Securities Lawyers have recovered millions of dollars for investors across the United States and are currently investigating the possibility of representing individual or group investors who have suffered losses. If you were a customer of Adam J Rutstein and BANKERS LIFE SECURITIES, INC. and suffered investment losses, please contact the Securities Lawyers. We will only receive payment if we are able to recover your money, and you may be eligible for financial compensation. It’s important to note that there may be time limits or statutes of limitations that apply to your claim, so it’s crucial to speak with an attorney as soon as possible.

If you had a negative experience or issue with Adam J Rutstein and BANKERS LIFE SECURITIES, INC. from JACKSONVILLE, FL, the Securities Lawyers at Halling & Cayo, S.C. may be able to help you. Brokerage firms have a duty to supervise all registered representatives, such as Adam J Rutstein, and ensure that they follow all securities rules and regulations and internal policies. If a brokerage firm fails to do so, it may be held liable for investment losses sustained by customers.

Contact The Securities Lawyers


Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at to see if he can help recover your funds.