Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 7, 2018 indicate that Missouri and Florida-based NYLife Securities broker/adviser Rodney Ferguson has been involved in several customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Ferguson (CRD# 2482868).
Rodney Ferguson has spent 23 years in the securities industry and has been registered with NYLife Securities in St. Louis, Missouri and Sarasota, Florida since 2000. Previous registrations include PFIC Securities Corporation in Franklin, Tennessee (2000); Magna Investments in St. Louis, Missouri (1998-2000); and Cigna Financial Advisors in Radnor, Pennsylvania (1994-1998). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on April 21, 2000; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 21, 1994; Series 7 (General Securities Representative Examination), which he obtained on February 16, 1998; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on April 21, 1994. He is a registered broker and investment adviser with 15 US states and territories: Alaska, California, the District of Columbia, Florida, Illinois, Kansas, Massachusetts, Mississippi, Missouri, New Hampshire, New Jersey, New York, North Carolina, Texas, and Virginia.
According to his BrokerCheck report, he has received four customer complaints and one denied customer complaint.
In January 2017 a customer alleged Rodney Ferguson, while employed at NYLife Securities, recommended an annuity that she did not need. The complaint settled for more than $38,600.
In 2013 a customer alleged he, while employed at NYLife Securities, did not properly explain various policies. The customer sought unspecified damages in the complaint, which was denied.
In 2012 a customer alleged Rodney Ferguson, while employed at NYLife Securities, provided incorrect or incomplete information regarding a 401k plan. The complaint settled in 2013 for more than $32,400.
In 2009 a customer alleged Rodney Ferguson, while employed at NYLife Securities, failed to follow a request to stop the premiums on a variable life policy and did not place funds into the intended market brokerage account. The complaint settled for $29,292.
In 2000 a customer alleged he, while employed at Cigna Financial Advisors, recommended an unsuitable variable annuity product. The complaint settled for $90,000.
If you or someone you know has a complaint regarding Rodney Ferguson, call the attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. You may have a limited window by law to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.