Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Russell (Russell), previously associated with Kalos Capital, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Russell 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 $200,000.00 on September 03, 2021.
The successor Trustee is alleging breach of fiduciary duty, unsuitable recommendations, misrepresentations and omissions of material facts, and failure to supervise.