Picture this: you’ve put your hard-earned money into an investment, trusting your advisor to guide you through the process, only to find out there are hidden charges you were never told about. That’s the predicament one customer of John Florio from NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC has found themselves in. The allegation? That the customer wasn’t informed about the back load surrender charge on their variable life insurance policy. And the damage? A hefty $5,000.
Unraveling the Allegation
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Let’s break it down. A back load surrender charge is a fee that an investor must pay if they decide to withdraw their funds before a certain period. In this case, the customer alleges that John Florio did not inform them about this charge when they invested in the variable life insurance policy. This omission, whether intentional or not, has cost the customer a significant amount of money.
Now, this is where Haselkorn & Thibaut, a national investment fraud law firm, steps in. They are currently investigating the advisor and the company, NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC, for this alleged misconduct. And the good news for the clients? They’re offering a free consultation.
FINRA Arbitration: A Beacon of Hope
But what if you’re an investor who’s suffered a similar fate? Is there a way to recover your losses? Absolutely! That’s where the Financial Industry Regulatory Authority (FINRA) Arbitration comes in. It’s a process that helps investors recover losses due to fraudulent or unethical practices by brokers or investment firms.
And guess who can help you navigate this process? You’ve got it – Haselkorn & Thibaut. With offices in Florida, New York, North Carolina, Arizona, and Texas, this firm is well-equipped to assist investors nationwide.
Why Choose Haselkorn & Thibaut?
- Over 50 years of experience in the field
- Successful financial recoveries for investors
- An impressive 98% success rate
- A “No Recovery, No Fee” policy, which means you don’t pay unless they recover your losses
So, if you’ve found yourself in a similar boat, don’t hesitate to reach out to them for a free consultation at 1-800-856-3352. With their expertise and commitment, you stand a good chance of recovering your losses.
Remember, investment is not a gamble. You deserve transparency, honesty, and most importantly, a fair chance to grow your money. Don’t let unethical practices deter you from investing. Stand up, speak out, and let the experts at Haselkorn & Thibaut fight for your rights.
