Tag Archives: Brokers International Financial Services LLC

Brokers International Accused By Investors Of Fraud

September 28, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Timothy Charles Mortellite of Lynnfield Massachusetts a stockbroker formerly registered with Brokers International Financial Services LLC is referenced in a customer initiated investment related written complaint on July 5, 2018 where the customer sought $26,359.00 in damages based upon accusations that Mortellite failed to explain the terms and conditions of investing in variable annuity products. […]

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Brokers International Financial Services For Annuity Fraud

Brokers International Financial Services, LLC, headquartered in Panora, Iowa, was censured and fined $45,000.00 after consenting to findings that the firm failed to fully inform investors regarding variable annuities prior to investment, and authorized solicitation of purchases of annuities prior to ensuring suitability. Letter of Acceptance, Waiver and Consent, No. 2013038934401 (July 26, 2016). According […]

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