Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cheryl Knight (Knight), currently associated with the Strategic Financial Alliance, INC., has at least one disclosable event. These events include one customer complaint, alleging that Knight recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on December 12, 2023.
Claimant alleges the firm failed to supervise the registered representative’s recommendations and activities, failing to prevent representative from recommending investments claimant believes were not in her best interest. Claimant further alleges representative did not make her aware of the risks, features, and costs associated with the investments.