Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Tim Traycoff (Traycoff), previously associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Traycoff recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on July 26, 2023.
Claimant alleges that beginning in or around February 2016, and throughout the relationship with Schwab, Schwab representatives made misrepresentations and unsuitable investment recommendations relating to municipal bonds, which caused investment losses.