Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Laurie Aromando (Aromando), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Aromando 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 $113,195.00 on April 21, 2022.
The complainant alleges that in 2021, when looking for an investment to roll his retirement funds into that would allow him to defer the tax liability, the rep recommended a Roth annuity fund, which the complainant alleges the rep told him would provide tax deferral for this rollover. The complainant states that he has since learned that the taxes aren’t deferred and that he now has a sizable tax liability, which has created a large financial burden for him.