Susan Regina Coriale (also known as Susan Coriale-Seweryn), of Princeville, Hawaii, a stockbroker registered with GWN Securities Inc., is the subject of a customer initiated investment related complaint filed on October 17, 2023, in which the customer requested $264,205.00 in damages based upon allegations that Coriale made unsuitable investment recommendations to the customer.
According to the complaint, during the time that Coriale was associated with GWN Securities Inc., she advised the customer to move her assets from a tax deferred annuity to a joint mutual fund account, causing the customer to incur substantial tax liability and negatively impacting the customer’s Social Security income and Medicare benefits. The customer alleges that another recommendation made by Coriale in 2022 to help mitigate the initial tax consequence resulted in additional tax liabilities.
This is not the first time that Coriale has been referenced in a customer initiated investment related dispute concerning her conduct in the securities industry. FINRA Public Disclosure shows that Coriale was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $330,000.00 in damages based upon allegations that Coriale made unsuitable recommendations in variable annuities and life insurance products when she was associated with Lincoln Financial Advisors and GWN Securities Inc. FINRA Arbitration No. 18-04139 (August 1, 2020).
Coriale has been associated with GWN Securities Inc. in Princeville, Hawaii since July 23, 2004.
