TOAMS FINANCIAL investment adviser, Mario Payne Has Two Investor Complaints Demanding $5.6 million – Goodman & Nekvasil, P.A. May Recover Investor Losses
TOAMS FINANCIAL investment adviser, Mario Payne Has Two Investor Complaints Demanding $5.6 million.
CRD#: 5445757
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
MARIO JOSEPH PAYNE (CRD#: 5445757), a former registered representative for RAYMOND JAMES FINANCIAL SERVICES, INC. in Jacksonville, CA, has two pending investor complaints. According to Payne’s FINRA BrokerCheck report, Claimants allege FA improperly engaged in a high-risk, illiquid, complex, and unsuitable investment strategy that concentrated them in structured products such as structured notes, and they also allege the products were misrepresented as safe, guaranteed, and insured. Allegtion Activity Dates: 5/03/2013 – 2/08/2019.
The claimants are requesting $5,600,000.00 for alleged damages.
TOAMS FINANCIAL investment adviser, Mario Payne Has Two Investor Complaints Demanding $5.6 million.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 10/29/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.