Corpus Christi financial advisor Jaime Rios (CRD# 1747126) was recently sanctioned by securities regulators in connection with alleged rule violations....Read More
LaraDorbecker Advisor Cindy Hanerhoff Receives Investor Complaint
Cindy Hanerhoff (CRD# 1084549), a financial advisor based in Houston, Texas, is involved in a customer dispute alleging unsuitable investment recommendations. Financial Industry Regulatory Authority records show that she is a broker with Sunbelt Securities, doing business as LaraDorbecker Securities Corporation.
Ms. Hanerhoff’s BrokerCheck report discloses three investor complaints. The most recent, filed in September 2022, alleges that as a representative of Sunbelt Securities, she recommended unsuitable corporate bond investments. The pending complaint alleges damages of $168,000.
An earlier investor complaint, filed in 1992, alleged unauthorized transactions while she was at Merrill Lynch. The complaint reached a settlement of $27,500.
A third investor complaint, filed in 1989, alleged that the customer’s “investment base dropped due to market fluctuations” and that she misrepresented information regarding an investment. The complaint reached a settlement of $16,000.
A fourth disclosure on her BrokerCheck report describes Ms. Hanerhoff’s involvement in a 2014 FINRA enforcement action. According to the disclosure, FINRA sanctioned her in connection with findings that she “her member firm, acting through her as its president and CCO,” permitted a suspended individual to work as a financial operations principal following and throughout their suspension “without… ever requalifying by examination.” Ms. Hanerhoff was fined $10,000 and issued a one-month suspension from acting in a principal capacity.
According to the Financial Industry Regulatory Authority, Cindy Hanerhoff holds 39 years of securities industry experience. Based in Houston, Texas, she has been a broker with Sunbelt Securities since 2018, doing business as LaraDorbecker Securities Corporation. Her past registrations include United American International, Painewebber, Rotan Mosle, and Merrill Lynch. She is licensed in California, Florida, Illinois, Maryland, and Texas. (Information current as of November 2, 2022.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.