Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Hyacinth Sikes (Sikes), previously associated with San Blas Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sikes 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 $31,873.00 on October 06, 2023.
[REDACTED] alleges that Ms. Henderson breached her fiduciary\<char_lb_r>\, duty and suitability obligations to [REDACTED] by a) recommending that she sell a previously-owned\<char_lb_r>\, Thrivent Variable Annuity to purchase an Asset Shield 10 Fixed Annuity, b) over-concentrating\<char_lb_r>\, her managed TD Ameritrade account in technology stocks and ETFs, and c) recommending an\<char_lb_r>\, Indexed Explorer Universal Life Insurance Policy tied to risk underlying investments by\<char_lb_r>\, misrepresenting the tax benefits and features of the policy.