Were you the victim of Independent Financial Group, LLC broker Franklin Lara (CRD# 5657622) regarding investment losses due to fraud? He has been registered with Independent Financial Group, LLC in San Dimas, California since 2013.
Franklin Lara Customer Complaints
Franklin Lara has been the subject of one customer complaint, according to his CRD report:
October 2021. “Allege investments were not suitable and were not in line with clients stated objectives.” The customer is seeking $469,130 in damages and the case is currently pending. The complaint was regarding variable annuities, direct investments, interval funds, and traded and non-traded real estate investment trusts (REITs).
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 Franklin Lara’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.