Brian Bradley, MassMutual Broker, Involved in Annuity Dispute
Brian Bradley (CRD# 4475085), a broker registered with MassMutual, took advantage of a client, according to a recent investor dispute. MDF Law is investigating the Hauppauge, New York-based financial professional for similar conduct. Current or former clients who suffered losses in their accounts should contact us for a free consultation.
The following post contains additional information about Mr. Bradley’s history as a broker. The details below are sourced from his BrokerCheck profile, a Financial Industry Regulatory Authority record examined on January 15, 2025.
Pending Dispute Alleges Unsuitable Annuity
On December 11, 2024, an investor lodged a dispute alleging that Mr. Bradley unsuitably sold her a fixed annuity funded by a securities account. She also alleged that “she was taken advantage of.” The dispute, which is still pending, seeks $43,792 in damages.
Firm Settled Misrepresentation Allegations
The above-described investor dispute is not the only one in Mr. Bradley’s past. In 2009, another investor filed a claim alleging that he made misrepresentations regarding the death benefit associated with a variable annuity. More specifically, the claim alleged that he represented the feature as a lifetime benefit, “when it was only a benefit to age 76.” His former member firm settled the dispute for $928.63.
According to Mr. Bradley’s BrokerCheck profile, a third investor lodged a dispute involving him in 2017. This claim alleged that a variable annuity contract exchange incurred an additional tax liability. Mr. Bradley’s firm denied the dispute.
Brokers May Not Misrepresent Investments or Strategies
A number of vital securities industry rules forbid brokers from providing misleading information regarding an investment or strategy. The misrepresentation of material facts—information that constitutes a significant consideration about an investment—generally contravenes FINRA Rule 2020. Under this rule, brokers may not employ “any manipulative, deceptive or other fraudulent device or contrivance” when they conduct securities transactions. Such misrepresentations expose investors to the risk of unsuitable transactions, which may in turn risk significant losses.
FINRA: Brian Bradley Based in Hauppauge, New York
Mr. Bradley started his career as a broker in 2001, when he joined Northwestern Mutual Investment Services’ office in Sayville, New York. He remained at the firm until 2009, when he departed for MML Investors Services. He has remained at MML, also known as MassMutual, ever since, working at its office in Hauppauge, New York. Boasting 23 years of experience as a broker, he has completed four industry exams, including the Series 26 and the Series 63.
At MDF Law, We Stand Up for Investors
If you lost money working with Brian Bradley, you may have grounds to file a FINRA arbitration claim to pursue a recovery. Call MDF Law to discuss your case with one of our attorneys. We accept cases on a contingency basis, meaning clients only pay a fee if they win their case. Call 800-767-8040 today for a free consultation.