Victor Greenland Involved in a VUL Dispute

Victor Greenland (CRD #: 5916995), a broker registered TransAmerica Financial Advisors, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 26, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On April 2, 2024, an investor alleged that Victor Greenland misled her when she purchased a survivorship Variable Universal Life policy. 

VULs

Variable Universal Life insurance policies (VULs) have two major features: a tax-free death benefit for beneficiaries and the investment of investors’ premiums. Because the value of a VUL policy depends on the performance of these investments, it’s not guaranteed to increase in value over time. Additionally, you’ll lose a VUL’s tax benefits if it lapses.

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

Background Information 

Victor Greenland has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• Series 6TO Investment Company Products/Variable Contracts Representative Examination 
• SIE – Securities Industry Essentials Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 

He is a registered broker in Alabama, Florida, Georgia, and New York. 

During his 10 years of experience, Victor Greenland has registered with the following firms: 

• TransAmerica Financial Advisors (CRD #: 16164) 
• NYLife Securities (CRD #: 5167) 
• MML Investors Services (CRD #: 10409)
• MSI Financial Services (CRD #: 14251) 

Kurta Law Can Help 

If you have worked with Victor Greenland and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.