Unsuitable Investment Recommendations by Truist Advisory Services, Inc. Broker Ignacio Tejera

Truist Advisory Services, Inc.

Truist Advisory Services, Inc. broker Ignacio Tejera (CRD# 4422696) is accused of unsuitable investment recommendations. He has been registered with Truist Investment Services, Inc. in Coral Gables, Florida, since 2002, and Truist Advisory Services, Inc. in Coral Gables, Florida, since 2016. He was registered with SunTrust Investment Services, Inc. in Coral Gables, Florida, from 2006 to 2016.

Ignacio Tejera Customer Complaints

He has been the subject of three customer complaints between 2013 and 2024, one of which was denied, according to his CRD report:

September 2024. “Client alleges high risk and unsuitable recommendations – Northstar.” The customer is seeking $500,000 in damages, and the case is currently pending. The complaint was regarding guaranteed investment certificate (GIC) and variable annuities, and it took place while he was registered with Truist Advisory Services, Inc.

October 2020. “Client alleges that representative made an unsuitable recommendation.” The customer sought $1,000,000 in damages, and the case was settled for $300,000. The complaint was regarding GIC, and it took place while he was registered with SunTrust Investment Services, Inc.

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, Truist Advisory Services, Inc. may be liable for investment or other losses suffered by Ignacio Tejera’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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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.