Alonte Rashon White-Davis (CRD#6915132) and BANKERS LIFE SECURITIES, INC.

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Alonte Rashon White-Davis (CRD#6915132) regarding allegations made regarding the following:

Claim(s) Made Against Alonte Rashon White-Davis:

Claim Date: 1/27/2020

“In a written complaint received on January 27, 2020, addressed to Bankers Life and Casualty Company (BLC), an insurance company affiliate of the Firm, [REDACTED] alleged that her registered representative sold her a Guaranteed Lifetime Income Annuity (GLIA) from BLC in July of 2019, which she alleged was unsuitable. [REDACTED] stated that the annuity represented 35% of her liquid net worth and gave her limited liquidity for the first ten years of the contract. Client requested termination of her annuity. BLC determined that the recommendation was suitable when the client purchased the GLIA and contract provisions were fully explained. While the GLIA sold to Mr. Graham was not a security and was issued and sold to [REDACTED] 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 the Firm.”

This claim, as of this posting, is currently Withdrawn with a claim amount of $20,000.00 .

See more information on FINRA’s BrokerCheck site for Alonte Rashon White-Davis.

Were you a client of Alonte Rashon White-Davis?

If you had a negative experience or issue with Alonte Rashon White-Davis and BANKERS LIFE SECURITIES, INC. from GRAND RAPIDS, MI, 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 Alonte Rashon White-Davis, 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.

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 Alonte Rashon White-Davis 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.


Contact The Securities Lawyers

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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 SMS@hallingcayo.com to see if he can help recover your funds.