Investor Alleges Laurie Aromando Misrepresented Roth Annuity Fund
Laurie Aromando (CRD #: 2705260), a broker registered with MML Investors Services, allegedly misrepresented an investment, according to her BrokerCheck record, accessed on June 16, 2022. Keep reading to learn more about Laurie Aromando’s conduct as a broker.
On April 21, 2022, an investor alleged that Laurie Aromando recommended he roll his retirement funds into a Roth annuity fund and that the Roth annuity fund would provide a tax deferral for this rollover.
The investor alleges that he later learned the taxes are not deferred and that the resulting tax liability has created a significant financial burden.
The client seeks $113,195 in this pending dispute.
FINRA Rule 2020
FINRA Rule 2020 bans the use of manipulative, deceptive, and otherwise unethical tactics to influence the purchase and sale of securities. This includes misrepresenting investments or omitting material facts, such as an investment’s risks, fees, or potential returns.
Laurie Aromando has passed the following exams:
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
Laurie Aromando is a registered broker in Florida, New Jersey, and South Carolina.
She has registered with the following firms:
- MSI Financial Services (CRD#:14251)
- New England Securities (CRD#:615)
- AXA Advisors (CRD#:6627)
- EQ Financial Consultants (CRD#:6627)
- The Equitable Life Assurance Society of the United States (CRD#:4039)
Kurta Law Can Help
If you worked with Laurie Aromando and you have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org for a free consultation.
For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.