Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Raymond Sardina (Sardina), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sardina 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 $1,500,000.00 on December 16, 2022.
Upon former FA’s termination of employment, the inheriting FA inappropriately invested him in speculative high-risk investments using margin, including investments in equity-linked securities focused on energy and biotech and concentrated positions.