Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Glenn Romer (Romer), previously associated with Center Street Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Romer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $1,000,000.00 on March 28, 2025.
Glenn Romer was named in a customer complaint that asserted the following causes of action: breach of fiduciary duty; violation of FINRA/NYSE rules, breach of contract and negligence; negligent supervision; violation of Illinois securities laws and other securities laws, acts and regulations; fraudulent inducement to hold investment; financial elder abuse; and unjust enrichment. The causes of action relate to Respondents’ alleged mishandling of Claimant’s assets by failing to properly allocate and diversify Claimant’s investment portfolio.