Investors reportedly complained about securities broker Christopher Martin Hayes (also known as Chris Hayes) [CRD: 2333190, Centerville, Ohio], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Hayes joined Fifth Third Securities Inc. on August 30, 2004, and became a financial advisor with the same firm on February 14, 2005. Read on to find out more about the allegations made against Hayes concerning unsuitable investment recommendations.
Particularly, on May 15, 2025, a Fifth Third Securities Inc. client filed FINRA Arbitration No. 25-01000 about Chris Hayes. Specifically, the client alleged that Hayes made unsuitable recommendations of asset-backed bonds. For this reason, the client allegedly sustained damages linked to mortgage-backed securities and CMOs. Thus, the client requested $320,000.00 in compensation from Fifth Third Securities Inc. or Hayes. Evidently, this arbitration is pending a resolution.
Allegations of unsuitable recommendations involving asset-backed bonds typically mean a securities broker suggested these complex investments to a client without properly considering the client’s financial profile or investment goals. Asset-backed bonds are tied to underlying pools of financial assets, such as loans or receivables, and can carry significant risks. When brokers recommend them without ensuring suitability, clients may experience unexpected losses.
Are you concerned regarding investments you made through Chris Hayes? You can contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney. For years, Soreide Law Group has recouped losses for investors throughout the country. Also, the firm works on a contingency fee arrangement and advances all costs. Hayes and brokerage firms Hayes worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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