Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Noe Lumbreras (Lumbreras), currently associated with Allstate Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lumbreras 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 $13,500.00 on October 10, 2022.
Customer’s alleged the RR incorrectly advised that there would be no sales charges at the time they redeemed their A shares that were previously purchased at NAV.