Michael John Mashak of La Crosse, Wisconsin, a stockbroker registered with Equitable Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested compensatory damages based upon allegations that Mashak made the unsuitable investment recommendation of Real Estate Investment Trusts or REITs when Mashak was associated with Equitable Advisors LLC. FINRA Arbitration No. 23-03300 (November 15, 2023).
This is not the first time that Mashak has been referenced in a customer initiated investment related complaint concerning Mashak’s conduct while associated with securities broker dealers. FINRA Public Disclosure shows that on August 6, 2010, a customer filed an investment related complaint involving Mashak’s conduct in which the customer requested compensatory damages based upon allegations that Mashak made unsuitable recommendations in variable annuities and life insurance products during the time that Mashak was associated with AXA Advisors. This complaint was denied.
Mashak has been associated with Equitable Advisors LLC in La Crosse, Wisconsin since November 24, 1999.
