David Craig Sundberg of Lincoln Nebraska a MML Investors Services LLC registered representative is the subject of a customer initiated investment related written complaint on March 15, 2018 in which the customer sought damages estimated to exceed $5,000.00 founded on accusations that Sundberg misrepresented the tax liability that the customer would be exposed to in transferring funds into a variable annuity.
Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally confirms that between March 10, 2018 and March 15, 2018, two additional customer initiated investment related complaints involving Sundberg’s conduct were filed, where the customers alleged that their conversions from life insurance policies into annuities resulted in undue tax consequences.
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