Comerica Securities

Our law firm represents individual and institutional investors that have been mistreated by their brokers and brokerage firms, such as Comerica Securities. Many investors do not recognize broker misconduct in their accounts, and those that do are often hesitant to seek help. Broker misconduct spans many issues that violate industry rules, including unauthorized trading, breach of fiduciary duty, unsuitable asset allocation, and churning. The attorneys at Gana Weinstein LLP can analyze your accounts and investments to determine if there was misconduct in the handling of your account.

Comerica Securities is a broker-dealer and investment adviser that provides securities products and services, including variable annuities, to retail and institutional clients and may participate in underwriting syndicates for firm commitment offerings. Formed in Michigan in 1985 as an indirect subsidiary of Comerica Bank within Comerica Incorporated, the firm was long based at 411 West Lafayette in Detroit and now lists its main office in Auburn Hills, Michigan.

Comerica Securities – By the Numbers:

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Torriente (Torriente), previously associated with Comerica Securities, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Torriente recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on July 07, 2022.

Without admitting or denying the findings, Torriente consented to the sanction and to the entry of findings that he refused to appear for and provide on-the-record testimony requested by FINRA in connection with its investigation into the allegations contained in a Uniform Termination Notice for Securities Industry Registration (Form U5) filed by his member firm stating that he had voluntarily terminated his association with the firm while under internal review for placing transactions in client accounts that the clients were not aware of. The findings stated that the firm later filed a Form U5 Amendment for Torriente disclosing two different customer complaints alleging, among other things, that he had exercised unauthorized discretion.

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Comerica Securities

There are Recent Customer Complaints with Broker William Torriente in Firm Comerica Securities