National investment loss lawyers KlaymanToskes is investigating broker Hugo Hernandez (CRD# 6446187) of MML Investors Services after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $23,000 in investor damages due to unsuitable recommendations to invest in an alternative investment.
The customer complaint alleges that on/or about January 29, 2024, the customer met with the registered representative, regarding investing in an alternative investment, and then paid the registered representative $20,000 on/or about February 16, 2024, with the agreement, that he would be paid back within 90 days, with a 15% return. The customer alleges that as of June 25, 2024, he has not been paid back, and the checks given to him have bounced, totaling $23,000 and feels this is a misappropriation of investment funds.
According to FINRA BrokerCheck, broker Hugo Hernandez is currently registered with MML Investors Services in El Paso, TX.
Investors that suffered losses with broker Hugo Hernandez are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The article linked below contains important information relating to the complaint against broker Hugo Hernandez:
If you suffered losses with broker Hugo Hernandez, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorneys fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Hugo Hernandez. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA, brokerage firms such as MML Investors Services are responsible for the supervision of all of the activities of their registered financial advisors. Investors may be entitled to a financial recovery if their firm failed to supervise the representative managing their account, and/or if their financial advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Hugo Hernandez, or have concerns regarding your investment portfolio at MML Investors Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your recovery options.