Advisor Alert: Our Attorneys Are Investigating Armando G. Roman For Investment Fraud
Did You Lose Money Because of Armando Roman?
Filed: March 18, 2024
Armando Roman currently has one (1) pending customer complaint. Overall, he has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Armando G. Roman.
Who Is Armando G. Roman?
- Advisor Name: Armando G. Roman
- Aliases: Armando Roman
- CRD: 4414526
- Location: Scottsdale, Arizona
- Current Employer: Currently Not Registered
- Previous Firms: Independent Financial Group, LLC, J.W. Cole Financial, Inc., and H.D. Vest Investment Services
- Number of Known Customer Complaints: 3
- Can Armando Roman Be Sued: Yes, in Private Arbitration
- Can Armando Roman’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $3,500,000
- Highest Settlement: $1,000,000
If you have suffered investment losses by Armando Roman, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a margin call liquidations lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Armando Roman For Broker Misconduct
As of this publication date, Armando Roman has been the subject of 3 customer disputes. Let’s review them below.
In February 2023, a FINRA arbitration was filed against or in reference to Armando Roman by a customer of Independent Financial Group, LLC alleging that investment was not suitable. Per the customer, he/she lost over $100,000 because of Mr. Roman’s actions. As of this publication date, this claim remains pending.
In December 2022, a FINRA arbitration was filed against or in reference to Armando Roman by multiple customers of Independent Financial Group, LLC alleging that clients were overconcentrated in illiquid investments that were not suitable or in line with their stated objectives and risk tolerance. Per the customers, they lost over $343,475 because of Mr. Roman’s actions. On February 15, 2024, Mr. Roman settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Roman’s employer and/or insurance carrier.
In April 2021, a FINRA arbitration was filed against or in reference to Armando Roman by a customer of Independent Financial Group, LLC alleging that accounts were over concentrated in speculative and illiquid investments that were not suitable. Per the customer, he/she lost over $3,500,000 because of Mr. Roman’s actions. An arbitration panel found that Armando Roman was negligent and awarded $1,000,000 in favor of the customers.
How To File A Claim Against Armando Roman (previously with Independent Financial Group, LLC, J.W. Cole Financial, Inc., and H.D. Vest Investment Services) To Get Your Money Back
If you have questions about Armando Roman, Independent Financial Group, LLC, J.W. Cole Financial, Inc., H.D. Vest Investment Services, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.