Steven Ronald Morgan of Roseville, California, a stockbroker registered with NYLife Securities LLC, is the subject of a customer initiated investment related complaint on December 28, 2021 in which the customer requested $38,658.06 in damages based upon allegations that Morgan made unsuitable recommendations in connection with the sale of variable annuities when Morgan was associated with NYLife Securities LLC.
This is not the first time that Morgan has been referenced in a customer initiated investment related dispute concerning Morgan’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Morgan is also referenced in a customer initiated investment related complaint on February 15, 2006 in which the customer requested $13,352.00 in damages based upon allegations that Morgan made unsuitable transactions with regard to the recommendation and sale of variable annuities when Morgan was associated with WM Financial Services Inc.
Both claims were denied by Morgan’s employers.
Morgan has been associated with NYLife Securities LLC in Roseville, CA, as a stockbroker since July 6, 1998. Morgan has been associated with Eagle Strategies LLC in Roseville, CA, as an investment advisor representative since May 17, 2002.
