Close Menu
Free Consultation: 888-976-6111

Alan Pransky: $50K-$100K Complaint Against Pransky Financial Advisor

Peabody, Massachusetts financial advisor Alan Pransky (CRD# 1399836) allegedly recommended an unsuitable corporate bond investment, according to a recent investor complaint filed against him. Records provided by the Financial Industry Regulatory Authority show that he is currently a broker and an investment advisor with LifeMark Securities Corporation, doing business as the Pransky Financial Group.

Mr. Pransky’s BrokerCheck report discloses two investor complaints. The most recent, filed in December 2022, alleges that as a representative of LifeMark Securities Corporation, he recommended an unsuitable investment in a corporate bond whose issuer later filed for Chapter 11 bankruptcy, misrepresented material facts, breached his fiduciary duty, breached contract, and made omissions of material facts. The pending complaint alleges damages between $50,000 and $100,000.

An earlier investor complaint, filed in 1998, alleged that he did not make the customer of the surrender charges associated with an annuity purchase. The complaint alleged damages of $6,000  and was denied by the firm.

According to the Financial Industry Regulatory Authority, Alan Pransky holds 37 years of securities industry experience. Based in Peabody, Massachusetts, he has been a broker and an investment advisor with LifeMark Securities Corporation since 2018, doing business as the Pransky Financial Group. His registration history includes Foresters Equity Services (Peabody, Massachusetts; 2012-2018), Trustmont Financial Group (Peabody, Massachusetts; 2009-2012), Lincoln Financial Securities Corporation (Beverly, Massachusetts; 2005-2009), 1717 Capital Management Group (Newark, Delaware; 2000-2005), and NYLife Securities (New York, New York; 1985-2000). His credentials include the passage of seven securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Direct Participation Programs Representative Examination, or Series 22; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Investment Adviser Law Examination, or Series 65. He is licensed in Arizona, California, Delaware, Florida, Massachusetts, New Jersey, and North Carolina.  (Information current as of April 30, 2023.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Raul Benitez: $100K-$500K Complaint Against Ex-Truist Advisor

    Fort Lauderdale financial advisor Raul Benitez (CRD# 4457185) has received multiple investor complaints alleging that his investment advice resulted in...

    Read More
  • Richard Brittain: Equitable Advisor Faces Variable Annuity Complaint

    A recent investor complaint against Valencia, California financial advisor Richard Brittain (CRD# 5928857) alleges that his conduct resulted in losses....

    Read More
  • Jennifer McIntyre: Did Raymond James Advisor Misappropriate Funds?

    Chattanooga financial advisor Jennifer McIntyre (CRD# 5853811) allegedly misappropriated funds, according to a recent investor complaint. Financial Industry Regulatory Authority...

    Read More
  • James Blaszyk: $400K Complaint Against Wells Fargo Advisor

    A recent investor complaint against Boynton Beach, Florida financial advisor Jim Blaszyk (CRD# 5364851) alleges that his investment advice resulted...

    Read More
  • Previous
  • Next