Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Yarus (Yarus), previously associated with Carter, Terry & Company, INC., has at least one disclosable event. These events include one customer complaint, alleging that Yarus 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 $21,401.40 on May 06, 2024.
Customer verbally complained that their financial advisor did not explain the Make Whole feature of the recommended bonds, which were called pursuant to the Make Whole feature, resulting in a loss. (1/26/2021-1/25/2023)