Robert Paul Ducato (CRD#1156455) and NYLIFE SECURITIES LLC

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims against Robert Paul Ducato (CRD#1156455) regarding allegations made regarding the following:

Claim(s) Made Against Robert Paul Ducato:

Claim Date: 2/18/2020

“The policyowner alleged that he sent his agent funds on a weekly basis to pay the premiums for his whole life insurance policy issued May 3, 1994 and learned that not all of the funds were being applied to pay the premiums. The customer stated that he was overcharged by the RR and seeks a refund of the additional $54 paid per year. The company reimbursed the policyowner for the excess funds in the amount of $1,355.”

This claim, as of this posting, is currently Settled.

The investor was paid $1,355.00 by the brokers’ firm.

See more information on FINRA’s BrokerCheck site for Robert Paul Ducato.

Were you a client of Robert Paul Ducato?

If you were a client of Robert Paul Ducato and NYLIFE SECURITIES LLC from WESTFIELD, NY, and experienced any issues or problems, the Securities Lawyers at Halling & Cayo, S.C. are interested in discussing the possibility of a claim with you. Brokerage firms have the responsibility to oversee all representatives who are registered with their firm, including Robert Paul Ducato, and must ensure that they adhere to all securities rules, regulations, and internal policies. If a brokerage firm fails to do so, it may be held responsible for investment losses sustained by customers due to a lack of supervision.

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 Robert Paul Ducato and NYLIFE SECURITIES LLC 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.