Andre Kapulenui Kaluna of Avondale Arizona a stockbroker currently registered with LPL Financial LLC is referenced in a customer initiated investment related written complaint on February 1, 2018 in which the customer requested $36,451.00 in damages supported by allegations that between April of 2017 and December of 2017, the customer’s instructions were not followed regarding an allocation of the customer’s funds in exchange traded funds.
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Kaluna is referenced in three additional customer initiated investment related disputes pertaining to accusations of Kaluna’s misconduct during the time that he was employed by Salomon Smith Barney Inc. and Morgan Stanley DW Inc. For example, on April 21, 2003, a customer filed an investment related complaint concerning Kaluna’s conduct where the customer sought unspecified damages based upon allegations that the customer was placed in variable annuities that were not suitable for the customer.
Moreover, on November 15, 2004, a customer filed an investment related complaint regarding Kaluna’s activities in which the customer requested $51,000.00 in damages founded on accusations that Kaluna made unsuitable mutual fund recommendations to the customer. On March 7, 2011, another customer filed an investment related complaint involving Kaluna’s conduct where the customer sought $100,000.00 in damages supported by allegations that the customer’s instructions were not followed concerning the liquidation of exchange traded funds from the customer’s wrap account.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
