Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Mare (Mare), previously associated with Mutual Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mare 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 $85,000.00 on February 16, 2021.
Client alleges that around May 2014, the representative recommended alternative investment products that were misrepresented and unsuitable based on the client’s investment objectives and risk tolerance.