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Broker Misconduct Investigation: Santiago Torres (Truist Investment Services)

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Updated on: October 22, 2024

National investment loss lawyers KlaymanToskes is investigating broker Santiago Torres of Truist Investment Services (CRD #5644622).

According to FINRA BrokerCheck, broker Santiago Torres of Truist Investment Services is currently facing an investor complaint filed in August 2024 alleging that he misappropriated various family members’ funds in connection with a fixed annuity and a certificate of deposit.

Investors that suffered losses with broker Santiago Torres are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Losses with Broker Santiago Torres?

Investment Losses with Broker Santiago Torres?

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Financial Advisor Santiago Torres Faces Investor Complaint

Santiago Torres, a financial advisor from Wyomissing, Pennsylvania, is facing a complaint from an investor. The complaint alleges that Torres misappropriated various family members’ funds. According to records from the Financial Industry Regulatory Authority (FINRA), Torres works as both a broker and an investment advisor with Truist Investment Services and Truist Advisory Services.  

Signs Investors Should Look Out For About Their Brokerage Accounts

As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Santiago Torres. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following:

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent statement

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.

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.

Speak with an Attorney about Recovering from Investments with Santiago Torres

If you suffered losses with broker Santiago Torres, or have concerns regarding your investment portfolio at Truist Investment Services, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.