AXA Advisors, LLC

AXA Advisors, LLC is the broker-dealer and investment advisor for AXA Equitable, a member of the global AXA Group. AXA Group’s operations are diverse geographically with main operations in Western Europe, North America and the Asia/Pacific region and had over $1.81 trillion in client assets under management, as of June 30, 2008. AXA’s affiliated U.S. operating companies include also AllianceBernstein. AXA has approximately brokers throughout the continental United States, Hawaii, Puerto Rico and the Virgin Islands, serving over three million individual and business clients.

AXA Ordered to Pay Customers $842,000

A FINRA arbitration panel ordered AXA Advisors to pay a group of investors $842,000 to compensate them for damages that they suffered as a result of AXA’s and its broker’s improper conduct. The investors accused AXA and its broker of, among other things, negligence, failure to supervise, breach of fiduciary duty, and unauthorized trading.

AXA Ordered to Pay Customers $200,000

A FINRA arbitration panel ordered AXA Advisors to pay two investors $200,000 to compensate them for damages that they suffered as a result of AXA’s and its broker’s improper conduct. The investors accused AXA and its broker of, among other things, fraudulent inducement, negligence, breach of fiduciary duty, and unsuitability associated with the recommendation and sale of variable annuities and variable life insurance contracts.

If you suffered investments losses, please contact us or communicate with a Dimond Kaplan & Rothstein, P.A. attorney at 888-578-6255 or jkaplan@dkrpa.com for a free case evaluation.