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Broker Misconduct Investigation: Pamela Lizanich (Voya Financial Advisors/NYLife Securities)

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Updated on: June 17, 2025

National investment loss lawyers KlaymanToskes is investigating broker Pamela Lizanich (CRD# 5742762) formerly of Voya Financial Advisors, IFS Securities, and NYLife Securities.

According to FINRA BrokerCheck, broker Pamela Lizanich is involved in a customer dispute which alleges $499,999 in damages due recommendations of illiquid, complex and unsuitable alternative investments. Further, the customer alleges that the representative altered forms and made materially false and misleading statements regarding the investments.

Investors that suffered losses with broker Pamela Lizanich are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Pamela Lizanich Customer Files $499K Investment Dispute 

Pamela Lizanich, a broker previously associated with Voya Financial Advisors, IFS Securities, and NYLife Securities, is involved in a customer complaint. The investor alleges $499,999 in damages in connection with unsuitable recommendations to invest in illiquid, complex and unsuitable alternative investments. The investments allegedly included real estate securities and variable annuity investments. Further, the customer alleges Lizanich altered forms and made materially false and misleading statements. Broker Pamela Lizanich was registered with Voya Financial Advisors from 2013 to February 2017, with IFS Securities from March 2017 to March 2018, and with NYLife Securities from July 2018 to August 2021.

 Investment Losses with Broker Pamela Lizanich?

 Investment Losses with Broker Pamela Lizanich?

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Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with broker Pamela Lizanich, or have concerns regarding your investment portfolio at Voya Financial Advisors, IFS Securities, and NYLife Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.