Can I recover losses from investments with TD Bank N.A. broker Franklin Lainez (CRD# 7721324)? He has been registered with TD Private Client Wealth LLC in New York, New York, since 2025, and TD Private Client Wealth LLC in Staten Island, New York, since 2023. According to his BrokerCheck profile, he has been registered as a financial advisor and registered representative with TD Bank N.A., since April 2023. He was previously listed as a CSR and FSR II with TD Bank NA in Staten Island, New York, from 2018 to 2024.
In April 2025, Empire Freight Brokers, Inc. alleged that broker “Unlawfully transferred funds.”
Franklin Lainez Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
April 2025. “Unlawfully transferred funds for the purchase of property.” The customer is seeking $10,000,000 in damages, and the case is currently pending. The complaint took place while he was registered with TD Bank N.A.
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, TD Bank N.A. may be liable for investment or other losses suffered by Franklin Lainez’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.
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