Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jimmy Nunez (Nunez), previously associated with Allstate Financial Services, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Nunez recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on January 28, 2022.
Without admitting or denying the findings, Nunez consented to the sanctions and to the entry of findings that he forged a customer\\u2019s signature and initials on a variable annuity application and related new account documents. The findings stated that Nunez did not obtain the customer\\u2019s permission to sign her name or to initial any documents for her. Nunez also falsified the documents by placing a date on them that was later than the date on which they were signed and initialed. Nunez then submitted the documents to his member firm. By forging and falsifying the documents, Nunez caused his firm\\u2019s books and records to be inaccurate. The findings also stated that when FINRA investigated Nunez\\u2019s conduct, he provided false written statements and testimony in response to requests issued by FINRA. Nunez subsequently recanted his false statements.