Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shlomo Strugano (Strugano), previously associated with First Allied Securities, INC., has at least 5 disclosable events. These events include 4 customer complaints, one regulatory event, alleging that Strugano 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 $750,000.00 on June 17, 2020.
Claimant alleges former financial adviser recommended unsuitable alternative investments and misappropriated money through an outside power of attorney entity. Claimant’s alleges unsuitability, breach of fiduciary duty, negligence, misrepresentation and elder abuse.