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/PRNewswire/ Two investors from Bogota, Colombia are pursuing a Financial Industry Regulatory Authority (FINRA) arbitration claim against Truist Investment.
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MIAMI, May 20, 2021 /PRNewswire/ A senior investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim seeking up to $500K in damages against Truist Investment Services for losses he suffered in Northstar Financial Services (Bermuda). The claimant, who is in his seventies, is a retired Catholic Priest who lives in Bogota, Colombia, and was a longtime client of SunTrust Bank.
Truist Investment Services is SunTrust s brokerage arm and is based in the United States. Ex-SunTrust Advisory Services investment adviser, Luisa Gonzales, was this investor s financial representative.
The claimant invested mostly in bank products and checking and savings accounts with SunTrust. In 2016, Gonzales recommended that he invest $190K in Northstar Financial Services (Bermuda) and he ultimately suffered a six-figure loss.