The White Law Group is investigating a possible securities fraud claim on behalf on an investor involving Northern Trust Securities, Inc. / Vision Investment Services, Inc. financial advisor Marc Brock.
Specifically, we are investigating whether Northern Trust / Vision Investment Services failed to supervise Brock’s recommendation that the investor purchase a Pacific Life variable annuity policy. Based on our preliminary investigation, it appears that Brock recommended the variable annuity policy for the investor despite the fact that the source of the funds for the annuity were already in the investor’s IRA (and did not need the tax benefits offered by a variable annuity investment) and the investor already owned two variable annuities. Now the investor is unable access his own money without paying a substantial surrender charge.
According to his FINRA Broker Report, prior to working at Northern Trust / Vision Investment Services in Winnetka, Illinois, Marc Brock worked as a registered representative Olde Discount Corporation. Brock appears to be currently working in Scottsdale, Arizona and is still registered with Northern Trust / Vision Investment Services.
If you have any information that may assist The White Law Group in its investigation, please contact the firm’s Chicago, Illinois office at 312-238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida. With over 30 years of securities law experience, including experience working at FINRA (f/k/a the NASD) and the SEC, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions. For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.Tags: Arizona, Boca Raton, broker fraud, Chicago, Financial Advisor, FINRA, FINRA complaint, Florida, Illinois, investment losses, investor protection, IRA, Marc Brock, NASD, Northern Trust, Northern Trust Securities, Olde Discount, Pacific Life, Scottsdale, SEC, Securities Attorney, stockbroker, surrender charge, tax benefits, The White Law Group, variable annuity, variable annuity fraud, variable annuity losses, Vision Investment, Vision Investment Services, Winnetka Last modified: December 2, 2022