Richard Chester Zientarski (also known as Rick Zientarski), of Punta Gorda, Florida, a stockbroker registered with Planmember Securities Corporation, was the subject of a customer initiated investment related complaint that was settled on March 6, 2024, for $15,000.00 in damages based upon allegations that Zientarski misrepresented a variable annuity as a liquid savings investment during the time that Zientarski was associated with Planmember Securities Corporation. According to the complaint, the annuity he sold was subject to both market losses and surrender charges.
This is not the first time that Zientarski has been referenced in a customer initiated investment related dispute concerning Zientarski’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Zientarski was also referenced in a customer initiated investment related complaint that was settled on June 10, 2003, for $25,000.00 in damages based upon allegations that Zientarski was negligent, made unsuitable investment recommendations, and breached his fiduciary duties in connection with the sale of variable annuities when Zientarski was associated with Pan-American Financial Advisers.
Zientarski has been associated with Planmember Securities Corporation in Punta Gorda, Florida since January 20, 2009.
