FINRA BrokerCheck contains important information concerning securities broker Manuel Fernandez AKA Manny Fernandez [CRD#: 3079976, Coral Gables, FL]. Fernandez has worked for (1) Truist Advisory Services Inc. since 2016; (2) Truist Investment Services Inc. since 2003; and (3) SunTrust Investment Services Inc. from 2003 to 2016.
Evidently, the securities broker discloses SunTrust investor disputes on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Specifically, SunTrust Investment Services clients allege that Fernandez made unsuitable recommendations. For more on these disclosures about Fernandez, see below.
SunTrust Investment Services Client Accuses Fernandez Of Unsuitable Recommendations
Evidently, a client of SunTrust Investment Services contested Manny Fernandez's sales practices by filing FINRA Arbitration #: 22-01914 on August 22, 2022. Supposedly, Fernandez made unsuitable recommendations. Allegedly, the GIC transactions connected to this securities broker resulted in damages for the client. Therefore, the client seeks compensatory relief from SunTrust Investment Services or Fernandez in the amount of $1,000,000 in this ongoing matter.
Manny Fernandez Allegedly Made Unsuitable Transactions
Also, on January 14, 2022, a SunTrust Investment Services client filed FINRA Arbitration #: 22-00094 about Manny Fernandez. Specifically, the client alleged that Fernandez made unsuitable transactions. For this reason, the client claims that they sustained damages. Therefore, the client requested $576,000 in compensation from SunTrust Investment Services or Fernandez. Evidently, this arbitration is pending a resolution.
SunTrust Investment Services Client Accuses Fernandez Of Unsuitable Advice
Evidently, a client of SunTrust Investment Services contested Manny Fernandez's sales practices by filing FINRA Arbitration #: 21-02559 on October 12, 2021. Supposedly, Fernandez made unsuitable recommendations. Allegedly, the GIC transactions involving this securities broker caused the client to sustain damages. Therefore, the client seeks compensatory relief from SunTrust Investment Services or Fernandez in the amount of $5,000 in this ongoing matter.
Manny Fernandez Allegedly Provides Unsuitable Recommendations To SunTrust Investment Services Client
Also, a SunTrust Investment Services client filed FINRA Arbitration #: 20-03648 about Manny Fernandez. Specifically, the client alleged that Fernandez made unsuitable recommendations. Because of this, the client purportedly sustained damages. Therefore, on January 4, 2022, SunTrust Investment Services settled this matter by paying the client $300,000.
Damages Resulting From SunTrust Investment Services Securities Broker Manny Fernandez?
Did you sustain damages by investing with Manny Fernandez? If so, get in touch with Soreide Law Group at (888) 760-6552 and talk with a securities attorney 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. Fernandez and brokerage firms Fernandez associated with deny any and all allegations of sales practice violations.
