Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maile Foster (Foster), currently associated with Kovack Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Foster 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 $198,000.00 on August 29, 2022.
Claimant alleges that representative recommended unsuitable investments and failed to properly service the accounts resulting in a tax issue and lost opportunity costs.