Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kimson Cao (Cao), currently associated with San Blas Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cao recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $75,000.00 on May 15, 2024.
Claimants make numerous allegations against financial advisor including referral of now deceased client (‘decedent’) to an estate planning attorney while the decedent was alleged to have diminished capacity. Claimant alleges this was to put the financial advisor and attorney in a position of unfettered control over the decedent’s wealth.