Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
The Financial Industry Regulatory Authority (FINRA) reports allegations of sales practice violations by securities broker Camille Cordova [CRD #: 6734084, Glendale, CA]. Cordova worked for NYLife Securities LLC from 2019-2022 and AXA Advisors LLC from 2007-2019.
Evidently, an Equitable Advisors investor disputed Cordova’s sales practices. Additionally, the securities broker discloses a regulatory action resulting in sanctions against her. However, Cordova denies the allegations of sales practice violations. Read on to learn more about the allegations against Cordova.
Evidently, an Equitable Advisors client filed FINRA Arbitration #: 20-03050 about Camille Cordova. Specifically, the client alleged that Cordova made unsuitable recommendations. Because of this, the client claims that they experienced damages relating to investments in variable annuities. Therefore, on November 15, 2021, Equitable Advisors settled this matter by paying the client $312,500.
Specifically, FINRA says that Cordova made unsuitable recommendations during the time that she was associated with Equitable Advisors LLC. At issue were the tax implications surrounding a variable annuity that Cordova and another representative recommended for a family trust formed by a senior married couple.
Cordova and the other representative recommended that the trust purchase the variable annuity by making withdraws from the trust's indexed annuity. Cordova and the other representative knew that the purchase would not be suitable for the trust if there were negative tax implications. However, Cordova and the other representative did not sufficiently research if there was a way to complete the purchase without negative tax implications. Ultimately the withdraws triggered a negative tax implication for the trust. For this reason, FINRA states that Cordova violated FINRA Rules 2010 and 2111.
Have you experienced damages by investing with Camille Cordova? If the answer is yes, reach out to Soreide Law Group at (888) 760-6552 to talk with a securities lawyer about a possible recovery of your investment damages. Soreide Law Group, who has successfully recovered money for investors throughout all 50 states, represents clients through a contingency fee arrangement and advances all costs. Cordova and brokerage firms Cordova associated with deny all allegations against them.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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