Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Restino (Restino), currently associated with Lincoln Investment, has at least one disclosable event. These events include one customer complaint, alleging that Restino 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 $500,000.00 on October 28, 2024.
Client alleges she desired conservative approach to investing and financial professional led her to believe that her portfolio was conservatively invested. Client further alleges that an agreement requiring binding arbitration May have been executed but that such agreement was only signed after explicit guarantees from the financial professional and the firm that they would take a conservative investment approach. Client also alleges she was fraudulently listed as an aggressive investor in order to justify the purchase of medium to high-risk investments and that client suffered losses in excess of $500,000 due to this conduct.
