Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marie Turino (Turino), currently associated with Valic Financial Advisors, INC., has at least one disclosable event. These events include one customer complaint, alleging that Turino 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 $750,000.00 on June 03, 2020.
Complainant purchased a variable annuity in December of 2015, and alleges the registered representative misrepresented the product as a long term guaranteed retirement vehicle. Complainant claims the misleading information has led to significant losses within his annuity putting his retirement income in jeopardy.