DID MANUEL ANTONIO FERNANDEZ CAUSE YOU INVESTMENT LOSSES?
Manuel Fernandez Of Truist Investment Services, Inc. Has 5 Customer Complaints For Alleged Broker Misconduct z
About Manuel Fernandez of Truist Investment Services, Inc.?
Manuel Fernandez (CRD #3079976) has been in the securities industry for several years and is currently registered with Truist Investment Services, Inc. as a registered broker and Truist Advisory Services, Inc. as an investment advisor in Coral Gables, Florida. He has been with these firms since January 2003 and August 2016, respectively. Fernandez is registered in 14 U.S. states and territories. He has passed two general industry/product exams (Securities Industry Essentials Examination and General Securities Representative Examination) and two multi-state securities law exams (Uniform Investment Adviser Law Examination and Uniform Securities Agent State Law Examination). His previous registrations include positions at SunTrust Investment Services, Inc. and Morgan Stanley.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Manuel Fernandez Customer Complaints and Reviews
Manuel Antonio Fernandez’s BrokerCheck record includes several customer disputes:
- Customer Disputes (5 reported incidents):
- First Dispute (Settled): Involving allegations of unsuitable investment recommendations with damages claimed at $576,000, settled in February 2023 for $288,750.
- Second Dispute (Settled): Another case of unsuitable investment advice, originally seeking damages of $5,000, settled in March 2023 for $138,600.
- Third Dispute (Settled): A claim involving an unsuitable investment recommendation with requested damages of $1,000,000, settled in January 2022 for $300,000.
- Fourth Dispute (Pending): Current allegations include high-risk and unsuitable recommendations with potential damages between $1,000,000 and $5,000,000.
- Fifth Dispute (Pending): Claims of unsuitable recommendations with alleged damages ranging from $500,000 to $1,000,000.
Allegations Against Manuel Fernandez
- Allegations of Unsuitability: Multiple disputes allege that Fernandez made investment recommendations that were not suitable for the clients’ financial situations and risk profiles.
- High-Risk Investments: One particular pending complaint accuses Fernandez of recommending overly risky investments that did not align with the client’s investment objectives or risk tolerance.
- Misrepresentation and Omission: Some allegations also hint at potential misrepresentation or omission of critical information relevant to the investments recommended.
Manuel Fernandez Red Flags & Your Rights As An Investor
Of course, Manuel Fernandez did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Manuel Fernandez at Truist Investment Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Manuel Fernandez has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Truist Investment Services, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Truist Investment Services, Inc. Due To Manuel Fernandez
If you have questions about Truist Investment Services, Inc. and/or Manuel Fernandez and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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