We are interested in speaking with Northern Colorado NY Life customers and investors. We currently represent a number of such people.
Variable universal life customers recently alleged Logan Calloway participated in inappropriate sales practices. Calloway is a NYLife representative operating from the Northern Colorado office of NYLife Securities. He is also the agent of New York Life Insurance. Investors accuse Calloway of inappropriate annuity “switching.” Switching is the process where an annuity or life insurance policy is liquidated to pay for a new annuity or life insurance policy. Inappropriate liquidating can include not only the sale of the annuity or policy but also the taking of loans against the policy to pay the premiums of another policy.
Investors also raise concerns as to Jeffrey Perryman. Mr. Perryman agreed to a permanent bar from the securities industry in 2024. Both Perryman and Calloway have worked at the New York Life office on Harmony Road address in Fort Collins. He is accused of selling excessive life products, inappropriate recommendations as to profit sharing, and charging excessive fees.
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