DID PAMELA SUE ESPINOSA CAUSE YOU INVESTMENT LOSSES?
Pamela Espinosa Of Kestra Investment Services, LLC And Formerly With SRI Investments, Inc. Has A Customer Complaint For Alleged Broker Misconduct
About Pamela Espinosa of Kestra Investment Services, LLC?
Pamela Espinosa (CRD #5865661) presents a challenging profile within the financial advisory industry, raising red flags for potential investors. Since November 2017, she has been registered with Kestra Investment Services, LLC and Kestra Advisory Services, LLC in Albuquerque, NM. Despite her extensive licensure across 20 U.S. states and territories, Espinosa has a relatively modest exam history, having passed only two general industry/product exams and one multi-state securities law exam, with no principal/supervisory exams to her credit. Her career, also spanning a previous registration with SII Investments, Inc., is further complicated by significant disclosure events, including a criminal conviction and a high-stakes customer dispute that cast serious doubts on her professional conduct and suitability as a financial advisor.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Pamela Espinosa Customer Complaint and Reviews
- Criminal Conviction (Final)
- Charge Date: May 4, 1993
- Conviction Date: June 18, 1996
- Details: Espinosa was found guilty of embezzlement, a felony charge, and received a deferred sentence and probation, which she completed successfully leading to the dismissal of the charges. However, this conviction raises concerns about her ethical standards and trustworthiness.
- Customer Dispute (Pending)
- Date Complaint Received: January 25, 2023
- Allegations: The claimant alleges that Espinosa recommended unsuitable private investments to generate high commissions and engaged in cross trading, with alleged damages amounting to $1,000,000.
- Current Status: Pending FINRA arbitration (Case #22-02866)
- Broker Statement: Espinosa believes the recommended portfolio was suitable for the client, defending her advisory actions despite the severe allegations.
Allegations Against Pamela Espinosa
- Criminal Misconduct: Espinosa’s past includes a felony conviction for embezzlement, indicating serious past misconduct, although she completed her probation successfully and the charges were eventually dismissed.
- Financial Misconduct Allegations: She is currently accused of making unsuitable investment recommendations aimed at generating high commissions and engaging in prohibited cross trading. These allegations are under review in a pending FINRA arbitration, which points to significant concerns regarding her integrity and suitability as a financial advisor, especially considering the potential impact on clients’ trust and financial security.
Kyle Cryer Red Flags & Your Rights As An Investor
Of course, Pamela Espinosa 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 Pamela Espinosa at Kestra Investment Services, LLC and SRI Investments, Inc. on alert to review carefully the activity and performance of their accounts and question whether Pamela Espinosa has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Kestra Investment Services, LLC and SRI Investments, Inc. also raises questions about the brokerage firms’ 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 Kestra Investment Services, LLC Due To Pamela Espinosa
If you have questions about Kestra Investment Services, LLC, SRI Investments, Inc. and/or Pamela Espinosa 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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