Close Menu
Free Consultation: 888-976-6111

Fernando Roman Corujo: Pending Sanction Against Linda Corujo Advisor

A pending regulatory action against San Juan financial advisor Fernando Roman Corujo (CRD# 5657513) alleges that he sold high-risk investments in unregistered securities without approval as a securities agent. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor with Lincoln Financial Securities Corporation, as well as a representative of Linda Corujo Retirement Center.

Mr. Corujo’s BrokerCheck report discloses the pending action against him. Filed in November 2023 by regulators in Puerto Rico, it alleges that was recruited as the originator in the offering and sale of promissory notes to clients of Providence Financial Investments. At the time of the offering and sale, the action alleges, he “was not approved as agent and didn’t have the necessary exams approved.” It alleges that the offering involved “high-risk investments in non-registered securities’ that “were offered as [a] secured and low risk investment” to clients based in Puerto Rico. “Providence or PFI were registered in Puerto Rico as issuers, agents, broker dealer, investment advisors or representatives of investment advisor,” the action states. In connection with these findings, regulators levied a fine of $75,000 against Mr. Corujo. The action “is pending subject to final determination of administrative procedure,” it states.

According to the Financial Industry Regulatory Authority, Fernando Roman Corujo holds eight years of securities industry experience. Based in San Juan, Puerto Rico, he has been a broker and an investment advisor with Lincoln Financial Securities Corporation since 2016 and 2021, respectively. He was previously registered with Lincoln Financial in 2012. His credentials include the passage of three securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He is licensed in California, Florida, New York, and Puerto Rico. (Information current as of December 10, 2023.)

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.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Jordan Awoye: $310K Complaint Against Former Equitable Advisor

    New York financial advisor Jordan Awoye (CRD# 6600772) recently received an investor complaint alleging that his conduct resulted in damages...

    Read More
  • Brian Beh: FINRA Investigates Frontier Solutions Advisor

    Richmond, Virginia financial advisor Brian Beh (CRD# 1500962) is under investigation by financial industry regulators in connection with alleged rule...

    Read More
  • Mike Shatsky: Sky Alpha Advisor Receives $788K Complaint

    Boca Raton financial advisor Mike Shatsky (CRD# 2430683) recently received an investor complaint alleging that he misrepresented an investment, resulting...

    Read More
  • Chad Bridgers: Cabot Lodge Advisor Faces $400K GWG L-Bond Complaint

    Fayetteville, Arkansas financial advisor Chad Bridgers (CRD# 2475641) recently received an investor complaint alleging that a GWG L-bond investment resulted...

    Read More
  • Previous
  • Next