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Former Bay Mutual Finance broker, Christopher Ariola, Subject of Pending FINRA Disciplinary Action

By September 12, 2016September 20th, 2017News

According to the FINRA Department of Enforcement complaint, Christopher Ariola recommended risky investments in gold and energy stocks to elderly customers that were unsuitable to their financial circumstances, investment objectives, and low risk tolerances. In addition, Ariola gained access to a former customer’s account and engaged in trading on the account without the customer’s knowledge.  The FINRA disciplinary proceeding is number 2012034139101.

Per his FINRA Broker Check Report, Ariola is the subject of four other customer complaints.  The customer complaints include: churning, unsuitability, and trading without the client’s knowledge.

Fishman Haygood represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.

Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Haygood lawyer today.

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