Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on February 22, 2017 indicate that Florida-based Triad Advisors broker/adviser Rebecca True has been named in a pending customer dispute. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms. True (CRD# 4474579).
Rebecca True has spent fourteen years in the securities industry and has been registered with Triad Advisors in Orlando, Florida since 2009. Previous registrations include Merrill Lynch in Orlando, Florida; AdVest in Orlando, Florida; and Banc of America Securities in New York, New York. She has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); and Series 31 (Futures Managed Funds Examination). She is a registered broker and investment adviser with seven US states and territories: Colorado, Florida, New Jersey, New York, Ohio, Pennsylvania and Texas.
According to her BrokerCheck report, Rebecca True has received one pending customer complaint.
In December 2016 a customer alleged Rebecca True, while employed at Triad Advisors, recommended unsuitable investments in “non-conventional investment programs,” including investments in direct participation programs and/or limited partnerships, oil and gas products, and real estate securities. The customer is seeking $567,000 in damages in the pending complaint.
FINRA rules and federal securities law require investment professionals like Rebecca True to recommend only investments that are suitable for their clients. They must consider factors including the client’s investment experience, goals, income, risk tolerance, and more. Brokers may not misrepresent or omit material facts pertaining to an investment, as misrepresentations or omissions might cause a customer to invest unsuitably. Brokers and advisers who fail to recommend suitable investments may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you or someone you know has a complaint regarding Rebecca True, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get 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.