Erez Law is currently investigating former Independent Financial Group, LLC broker Armando Roman (CRD# 4414526) regarding overconcentrated and unsuitable investment recommendations. He was registered with Independent Financial Group, LLC in Scottsdale, Arizona from 2006 to 2021.
Armando Roman Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
April 2021. “Allege accounts were overconcentrated in speculative and illiquid investments that were not suitable.” The customer is seeking $3,500,000 in damages and the case is currently pending. The complaint was regarding direct investments.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Independent Financial Group, LLC may be liable for investment or other losses suffered by Armando Roman’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.