Securities Service Network

Securities Service Network is an independent broker/dealer. The company claims to be young enough to be industrious, yet experienced enough to know that service is its most important product. It also represents that it is large enough to get results, and small enough to be friendly and hands-on. Securities Service brokers are not required to sell proprietary products, freeing them up to recommend and sell investments that make the most sense for the investor.

Additional Information

Securities Service Network Ordered to Pay Customer $347,000
An NASD arbitration panel ordered Securities Service Network to pay an investor $347,000 to compensate him for damages that he suffered as a result of Securities Service’s misconduct. Claimant asserted the following causes of action: breach of fiduciary duty; negligence;
unsuitability; misrepresentation; fraudulent inducement; violation of NASD Conduct Rules 2120,
2210(d), 2210-2, 2310 and 2310-2; violation of Section 517.301(1) of the Florida Securities and
Investor Protection Act; and, violation of SEC Rules 16and34(b)-l. The causes of action relate
to the purchase and sale of the AIM Lifetime Plus II Variable Annuity, the Alliance Ovation
Variable Annuity and the MFS Regatta Platinum Fixed/Variable Annuity in Claimant’s account.

If you suffered investment losses, please contact us or communicate with a Dimond Kaplan & Rothstein, P.A. attorney at 888-578-6255 or jkaplan@dkrpa.com for a free case evaluation.p>