Price A. Breville of Staten Island New York a stockbroker formerly registered with Mutual of Omaha Investor Services Inc. has been discharged on December 5, 2018 founded on allegations that Breville engaged in impermissible business activities concerning a customer’s purchase or sale of an insurance product.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that on December 6, 2018, a customer initiated investment related complaint involving Breville’s activities was settled for $107,799.38 in damages based upon accusations that while Breville was associated with Mutual of Omaha Investor Services Inc., misrepresentations had been made concerning the guarantees of fixed life insurance products sold to the customer, and the customer’s retirement account portfolio had been churned.
Since June 29, 2005, Breville has been associated with six different broker dealers, two of which have been expelled by securities regulators for violation of federal securities laws or are otherwise defunct.
