January 23, 2023

Walter Reyna Discloses Allegations Of Unsuitable Recommendations

business man holding his head with text asking questions about stock broker misconduct

Soreide Law Group is investigating possible investor claims against securities broker Walter Reyna (CRD:  1323478 Mcallen, TX). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Lincoln Financial Securities Corporation. Evidently, one or more investors alleged that Reyna made unsuitable recommendations. Here is a brief summary of the disclosures about Reyna.

Lincoln Financial Securities Corporation Investor Accuses Walter Reyna Of Unsuitable Recommendations

Notably, a client of Lincoln Financial Securities Corporation contested Walter Reyna’s sales practices by filing FINRA Arbitration: 22-01164 on May 26, 2022. Allegedly, Reyna made unsuitable recommendations. Supposedly, Reyna caused the client to sustain damages by investing in oil and gas investments. Therefore, the client seeks compensatory relief from Lincoln Financial Securities Corporation or Reyna in this ongoing matter.

Reyna Discloses Unsuitable Recommendations Allegations By Lincoln Financial Securities Corporation Client

Additionally, a Lincoln Financial Securities Corporation client contested Walter Reyna’s sales practices by filing FINRA Arbitration: 22-00915 on April 27, 2022. Allegedly, Reyna provided unsuitable advice. Supposedly, Reyna caused the client to sustain damages by investing in oil and gas investments. Therefore, the client seeks compensatory relief from Lincoln Financial Securities Corporation or Reyna in this ongoing matter.

Walter Reyna Employment Information

  • Reyna worked for Lincoln Financial Securities Corporation in McAllen, TX, as a securities broker from February of 1985 to March of 2022.
  • Reyna worked for Lincoln Financial Securities Corporation in Fort Wayne, IN, as a financial advisor from September of 2018 to March of 2022.
  • Reyna has worked for Walter J. Reyna Inc. in McAllen, TX, as a financial advisor since January 18, 2011.
  • Reyna has worked for J.W. Cole Financial Inc. in McAllen, TX, as a securities broker since March 17, 2022.

Did Lincoln Financial Securities Corporation Securities Broker Reyna Cause You To Experience Damages?

Have you experienced damages through Walter Reyna? You should get in touch with Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a potential recovery of your investment losses. Soreide Law Group, who has effectively recovered money for many investors throughout the United States, is ready to review your situation and explain your legal options. Also, the firm represents clients on a contingency fee basis and advances all costs. Reyna and brokerage firms Reyna worked for deny any and all allegations of sales practice violations.

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