Park Avenue Securities LLC Broker Jason Doviak Accused of Variable Annuity Investment Fraud

Park Avenue Securities LLC

Erez Law is currently investigating Park Avenue Securities LLC broker Jason Doviak (CRD# 4266648) regarding variable annuity investment fraud. He has been registered with Park Avenue Securities LLC in Red Bank, New Jersey, since 2004. He has been a registered broker since 2003, starting his career at Morgan Stanley in Purchase, New York.

Jason Doviak Customer Complaints

He has been the subject of one customer complaint, according to his CRD report:

March 2023. “Client alleges the purchase of a 2020 Allianz variable annuity was not in her best interest.” The customer is seeking $1 million in damages and the case is currently pending. The complaint was regarding variable annuities investment losses.

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Park Avenue Securities LLC may be liable for investment or other losses suffered by Jason Doviak’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.

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