Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sam Paolini (Paolini), previously associated with Hornor, Townsend & Kent, INC., has at least one disclosable event. These events include one customer complaint, alleging that Paolini recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $141,222.00 on November 13, 2020.
Client alleges that she was pressured into purchasing a whole life insurance policy by the former financial professional and is requesting a return of the total premiums paid. The client also alleges that she gave the financial professional checks payable to the financial professional for outside investments, and has been reimbursed in full.