Questar Sued By Investors For Unsuitable Recommendations
Jerry P. Michna of Louisville Ohio a stockbroker formerly registered with Questar Capital Corporation is referenced in a customer initiated investment related arbitration claim in which the customer sought $270,000.00 in damages supported by accusations of unsuitable energy sector stock and over-the-counter equities being sold to the customer by Michna during the period in which he was associated with Questar Capital Securities. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-01159 (May 1, 2019).
This is not the first time that Michna has been subject of a Questar Capital Corporation customer dispute concerning his trading. FINRA Public Disclosure reveals that a customer initiated investment related complaint involving Michna’s activities was resolved on August 4, 2016 for $75,000.00 in damages founded on allegations that the customer was placed into inappropriate equities products which led the customer to experience undue losses.
Michna’s employment with Questar Capital Corporation has been terminated on August 30, 2017. Since August 11, 2017, he has been registered with Cetera Advisor Networks LLC.