Andrew Charles Berleth of Walnut Creek California a stockbroker currently employed by MML Investors Services has been identified in a customer initiated investment related written complaint on June 11, 2018 where the customer sought damages estimated to exceed $5,000.00 founded on accusations that Berleth made misrepresentations about an annuity that he sold to the customer.
Financial Industry Regulatory Authority (FINRA) Public Disclosure indicates that Berleth has been identified in three additional customer initiated investment related disputes pertaining to allegations of his misconduct during the period in which the stockbroker was employed by MML Investors Services and Tower Square Securities Inc.
Specifically, a customer filed an investment related complaint pertaining to Berleth’s conduct in which the customer requested $23,538.63 in damages supported by allegations of omissions being made about the surrender charges on a variable annuity that the stockbroker sold when he was employed by Tower Square Securities.
Berleth is the subject of another customer initiated investment related written complaint where the customer sought unspecified damages based upon accusations of Berleth’s false or misleading statements concerning a variable life insurance policy he sold to a customer of Tower Square Securities. Also, on August 23, 2018, a customer initiated investment related complaint in reference to Berleth’s conduct was resolved for $135,488.51 in damages founded on allegations that the customer’s signature was forged on annuity documentation and the customer was told false information about annuities.
Berleth has been registered with MML Investors Services since November 17, 2003.
