The company, Lear Capital, strongly discouraged her from telling her story to anyone. Lear had reason to be worried about state attorneys general. In 2022, [Lear Capital] reached a $6 million settlement with the state of New York in a suit that alleged, quote, Lear fraudulently failed to disclose millions of dollars in commissions the company charged consumers. So what I did was I contacted several different AGs from different states in 2023. Quote, at least 42 state and territory securities regulators have been investigating Lear for deceptive securities and commodities activity and misleading marketing. (21:19–21:32)
CLAIM
Asserts that Lear Capital settled a lawsuit with New York for $6 million over undisclosed commissions.
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