NYLife Securities LLC Broker Scott Schechter Investment Loss Options | Erez Law

Nylife Securities LLC

Can I recover losses from investments with NYLife Securities LLC broker Scott Schechter (CRD# 4496417)? He has been registered with NYLife Securities LLC in San Diego, California, since 2002 and Eagle Strategies LLC in San Diego, California, since 2003.

Scott Schechter Customer Complaints

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

November 2022. “Claimant alleges she was misled and misinformed with her investments in two (2) fixed annuities and one (1) variable annuity purchased in June 2012. Claimant demands the return of her money without penalty.” The customer is seeking $145,009.14 in damages and the case is currently pending. The complaint was regarding fixed and variable annuities, and it took place while he was registered with NYLife Securities LLC.

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, NYLife Securities LLC may be liable for investment or other losses suffered by Scott Schechter’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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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.