Walter James Reyna of McAllen, Texas, a stockbroker registered with Lincoln Financial Securities Corporation, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $5,000.00 in damages based upon allegations that Reyna made unsuitable recommendations relating to the sale of oil and gas investments. FINRA Arbitration No. 22-01164 (May 26, 2022).
This is not the first time that Reyna has been referenced in a customer initiated investment related dispute concerning Reyna’s conduct in the securities industry. FINRA Public Disclosure shows that Reyna is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested compensatory damages based upon allegations that Reyna made unsuitable recommendations with regard to the sale of oil and gas investments again during the period in which Reyna was associated with Lincoln Financial Securities Corporation. FINRA Arbitration No. 22-00915 (Apr. 27, 2022).
Reyna was associated with Lincoln Financial Securities Corporation in McAllen, TX, as an investment advisor representative from September 11, 2018 to March 18, 2022. Reyna has been associated with Walter J. Reyna Inc. in McAllen, TX, as an investment advisor representative since January 18, 2011. He has been associated with J.W. Cole Financial Inc. in McAllen, TX, as a stockbroker since March 17, 2022.
