Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Denouden (Denouden), previously associated with Sagepoint Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Denouden recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on July 09, 2020.
The clients allege the investments purchased between 2003-2015 were illiquid and not suitable for them. In addition, the clients allege the product sponsor’s offerings were misrepresented. The client also alleges the firm was negligent and failed to conduct adequate due diligence.