Alex Blanco The Focus Of Hornor Townsend Investor Complaints About Real Estate Securities

Investors reportedly complained about securities broker Alejandro Alberto Blanco (also known as Alex Blanco) [CRD: 3146376, New York, New York], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Blanco worked for MML Investors Services LLC from November 22, 2017, to November 3, 2020. Keep reading to learn more about Blanco’s disclosures and what they might mean for investors.

Hornor Townsend Kent LLC Investor Accused Alex Blanco Of Failure To Follow Instructions

Evidently, a client filed a complaint about Alejandro Blanco. Primarily, the client alleged that Blanco failed to follow instructions by not communicating with the client. Because of this, the client allegedly incurred damages linked to real estate securities. Consequently, on September 10, 2024, Hornor Townsend Kent LLC settled this matter by paying the client $31,500.00 in damages.

Alejandro Blanco Disclosed Misrepresentation Allegations By Hornor Townsend Kent Inc. Client

Particularly, a client of Hornor Townsend Kent Inc. took aim at Alejandro Blanco’s sales practices by filing FINRA Arbitration No. 18-04089. Allegedly, Blanco misrepresented information and made unsuitable recommendations concerning non-traded business development companies and real estate securities. For this reason, Hornor Townsend Kent Inc. agreed to settle the dispute on November 6, 2019, by paying compensation amounting to $50,000.00.

MML Investors Services LLC Client Accused Alex Blanco Of Unsuitable Recommendations

Evidently, on May 21, 2018, a Hornor Townsend Kent Inc. client filed a complaint about Alejandro Blanco. Allegedly, Blanco gave unsuitable advice regarding real estate securities. As a result, the client requested compensation from Hornor Townsend Kent Inc. or Blanco. The firm denied the complaint on June 20, 2018.

Alejandro Blanco Disclosed Misrepresentation Allegations By MML Investors Services LLC Client

Specifically, a client of MML Investors Services LLC disputed Alejandro Blanco’s sales practices, according to a complaint dated April 14, 2011. Allegedly, Blanco misrepresented a retirement plan, which included a whole life insurance policy and a variable annuity. Therefore, the client sought compensatory damages from MML Investors Services LLC or Blanco in this matter. The firm denied the complaint on May 10, 2011.

Have You Made Investments Through Securities Broker Alex Blanco?

Did you experience losses because of Alejandro Blanco? If so, contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney about a possible recovery. For years, Soreide Law Group has recovered losses for clients located throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Blanco and brokerage firms Blanco worked for deny accusations referenced within these public disclosures.