Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Lerner (Lerner), currently associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Lerner 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 $950,000.00 on July 20, 2021.
Time Frame: December 2019 to January 2021 Client alleges investments were unsuitable as they went against the investment objective. Client further alleges breach of fiduciary duty, negligence in violation with industry standards and FINRA rules, and misrepresentation and omission of information.