Public records published by the Financial Industry Regulatory Authority (FINRA) on May 30, 2016 indicate that former Texas-based Thrivent Investment Management broker Miguel Hernandez has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Hernandez (CRD# 4733002).
Miguel Hernandez has spent 11 years in the securities industry and was most recently registered with Thrivent Investment Management in El Paso, Texas. He has no previous registrations and is currently not registered with any state or firm.
According to his BrokerCheck report, Miguel Hernandez has received one regulatory sanction and was discharged from Thrivent Investment Management.
In May 2016, FINRA sanctioned Miguel Hernandez following allegations he “obtained $25,000 in cash from an elderly customer under false pretenses and converted those funds for personal use.” He was issued a permanent bar from the securities industry.
In May 2015, Miguel Hernandez was discharged from his position at Thrivent Investment Management following allegations he borrowed $25,000 from a customer “by entering into a business partnership agreement guaranteeing a 12% return,” in which “the business was never established and [Miguel Hernandez] failed to return all of the customer’s funds, instead using a portion for personal expenses.”
If you have lost money investing with Miguel Hernandez, you may be able to collect lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.