ROSEVILLE, CALIFORNIA
The Logan Group Securities Settles with FINRA Over Variable Annuities
Have you lost money investing in variable annuities through The Logan Group Securities? We are currently investigating allegations made against the Roseville, California-based securities brokerage firm. FINRA (the Financial Industry Regulatory Authority) brought a regulatory action against the firm, making allegations that it failed to supervise the sales of variable annuities between October 2017 and September 2018. In particular, FINRA alleged that it failed to supervise the sales of L-share variable annuities (which have higher expenses but more liquidity) versus B-share annuities (which have lower expenses but less liquidity). To settle these allegations, Logan Group Securities agreed to pay a $15,000 fine.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Phoenix, Arizona; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including California. Our attorneys have represented over one thousand investors against many brokerage firms in the past.