Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Franco (Franco), currently associated with Park Avenue Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Franco recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on March 14, 2024.
Plaintiff alleges the RR made unsuitable recommendations when she was advised to transfer her retirement funds to an advisory account and to purchase a Jackson National variable annuity.