Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Delio Londono (Londono), previously associated with Sagepoint Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Londono recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $250,000.00 on April 14, 2022.
Claimant alleges that certain unnamed REITS and “direct participation programs were recommended to the client that were not in keeping with her investment objectives and needs, and that the risks and other characteristics of the investments were not fully explained.