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Variable Annuity Loss Law Firm
Did Ex-Infinity Financial Services Broker Thomas Vigil Unsuitably Recommend L-Share Variable Annuity Exchanges and Variable Annuity Purchases To You? Our Experience Variable Annuity Loss Law Firm May Be Able To Help
The Financial Industry Regulatory Authority (FINRA) has fined former Infinity Financial Services Broker Thomas Vigil $10K for allegedly inappropriately recommending 10 unsuitable L-share variable annuity (VA) exchanges to several customers and two unsuitable variable annuity purchases to two clients.
The self-regulatory organization (SRO) contends that customers ended up paying higher fees. Vigil, who was suspended for 12 months, must pay $25,436 in restitution.