Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Groff (Groff), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Groff 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 $25,000.00 on March 04, 2020.
Client alleges on February 18, 2020, she provided instructions to the representative to sell the etf’s in her account and leave the funds in cash; instead he purchased shares of various securities with the proceeds.