American Portfolios Financial Services, Inc. Broker Jason Mieras Variable Annuity Investment Loss Options

American Portfolios Financial Services

American Portfolios Financial Services, Inc. broker Jason Mieras (CRD# 2850648) is accused of insurance and variable annuities. He has been registered with American Portfolios Financial Services, Inc. in Lake Como, New Jersey, since 2001, and with American Portfolios Advisors, Inc. in Holbrook, New York, since 2002.

Jason Mieras Customer Complaints

He has been the subject of three customer complaints between 2015 and 2024, one of which was closed without action, according to his CRD report:

March 2024. “Customers allege misrepresentation of two variable annuities purchased in 2019 and poor recommendation/advice to liquidate one of such. Customers further allege investments made in an advisory account from 2021 to 2022 were unsuitable.” The customer is seeking $114,000 in damages, and the case is currently pending. The complaint was regarding variable annuities and mutual fund losses. 

June 2015. “Premium payments were not made for enhanced death benefit between Oct. 2012 and Jan. 2013, policy lapsed and nationwide would not reinstate prior to customers death.” The customer sought $1,500,000 in damages, and the case was settled for $600,000. The complaint was regarding insurance 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, American Portfolios Financial Services, Inc. may be liable for investment or other losses suffered by Jason Mieras’ 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.

"*" indicates required fields

Please do not include any confidential or sensitive information in this form. Submitting this form does not create an attorney-client relationship.

Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.