Securities Lawyers Blog
Our investment attorneys are investigating customer complaints filed with The Financial Industry Regulatory Authority (FINRA) against financial advisor Victor Lambert (Lambert) currently not registered with any firm, alleging unsuitable investments among other claims. According to brokercheck records Lambert has been subject to seven customer complaints and two judgement/liens.
In January 2016 Lambert disclosed a tax lien of $46,706. A broker’s inability to handle their personal finances has also been found to be relevant in helping investors determine if they should allow the broker to handle their finances.
In October 2015 a customer filed a complaint alleging that Lambert purchased two equities that were inappropriate for the client causing damages. The claim was resolved for $85,000.