Last Updated: August 2025 — East Hills, NY
Here’s what you need to know about East Hills, NY stockbroker Douglas J. Licari:
- Name: Mr. Douglas Jordan Licari
- CRD Number: 1081503
- Current Employer: MML Investors Services, LLC
- Prior Employers: MSI Financial Services, Inc.; Metropolitan Life Insurance Company; MONY Securities Corporation; Pruco Securities Corporation
- Function: Stockbroker / Financial Advisor
- Primary Location: East Hills, NY
- Can Douglas J. Licari be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Discharged by a Prior Employer: Yes
- Pending Customer Dispute Seeks Damages of: $200,000
If you’ve sustained damages from Mr. Licari, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Douglas J. Licari As Your Stockbroker?
In a currently pending customer dispute, filed by a customer of MML Investor Services on June 24, 2025 (Case #202507010001), alleges that Mr. Licari recommended unsuitable alternative investments in 2013 that were not appropriate for the customer’s investment profile. The alleged damages in this case are $200,000.
In a prior dispute, a customer of Pruco Secuities alleged misrepresentations regarding variable appreciable life insurance policies. That case was settled for $8,220.
Early in his career Licari was discharged from Prudential Insurance Company after an internal review into replacement activity, possible forgery, and discrepancies in applications.
Allegations of Broker Misconduct Against Douglas J. Licari
- Unsuitable Recommendations
- Misrepresentation
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other MML Investors Services brokers
If you have suffered investment losses in an account handled by Douglas J. Licari, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.