A significant recovery via confidential mediation was reached for a group of individuals who had been sold inappropriate IUL investments. The broker (who was also insurance licensed) misrepresented the extremely expensive insurance policies as a solid investment that would allow for tax free withdrawal of funds. The clients were presented with fake illustrations that gave unrealistic and rosy promises of how the “investments” would perform.
The Securities Lawyers team was able to obtain a substantial recovery for the individuals via a confidential mediation which resolved the FINRA arbitration that had been brought.
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.