National investment loss lawyers KlaymanToskes is investigating Aramis Jon Guerin (CRD# 6868992) of Phoenix Financial Services Inc., after the New York, NY-based stock broker was named in a customer complaint alleging $115,000 in damages. The customer alleges unsuitability, excessive trading/commissions, unauthorized trading, and negligence relating to common and preferred stock investments.
According to FINRA BrokerCheck, Aramis Jon Guerin was previously registered with SW Financial from 2019 to 2022. He was also previously associated with the expelled firm Worden Capital Management in 2019.
Investors that suffered losses with Aramis Guerin at PHX Financial or SW Financial are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956, or lklayman@klaymantoskes.com to discuss their recovery options at no cost. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
According to FINRA BrokerCheck, Aramis Jon Guerin has one customer complaint filed which alleges $115,011 in damages due to unsuitability, excessive trading/commissions, unauthorized trading, and negligence. The complaint was filed on March 3rd, 2023 by multiple customers against several financial representatives of SW Financial.
Unauthorized trading is a securities violation which occurs when a broker/financial advisor buys or sells a security or securities in a non-discretionary customer account, without prior customer authorization. This represents a sales practice violation and includes a broker/advisor’s misuse of “discretionary” authorization to make transactions on the behalf of their customer.
A financial professional cannot misuse or exceed their authority in order to generate commissions from excessive trading or “churning”, or unsuitable investment strategies.
Investors that suffered losses at PHX Financial and/or SW Financial due to unauthorized trading, excessive trading/commissions, or other securities violations are encouraged to contact attorney Lawrence L. Klayman, Esq. at 1-888-997-9956 or lklayman@klaymantoskes.com for a free and confidential consultation.
Our firm offers legal services on a contingency fee basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com