Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marcio Moraes Marciano Da Rocha (Moraes Marciano Da Rocha), previously associated with Insigneo Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Moraes Marciano Da Rocha recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $4,694,912.00 on July 21, 2020.
Claimant alleges, inter alia, that the recommendation to invest in a risky option strategy was misrepresented and unsuitable for them from November 15, 2019 to March 31, 2020.