Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Jembelis (Jembelis), currently associated with David Lerner Associates, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Jembelis 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 $150,000.00 on January 29, 2025.
Unsuitability, misrepresentation/omission and breach of fiduciary duty. \, Allegation period: August 4, 2014 the date of the first purchase at issue to January 29, 2025, the date the Statement of Claim was received.
