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Hector M. Flores- Former MML Investors Services Broker-Suspended by Regulators/ Sued for $750K- Lubbock, TX

Hector M. Flores- Former MML Investors Services Broker-Suspended by Regulators/ Sued for $750K- Lubbock, TX

Hector M. Flores- Former MML Investors Services Broker-Suspended by Regulators/ Sued for $750K- Lubbock, TX 150 150 Rex Securities Law

Hector Flores Investigation

May 2022-Lubbock, TX 

According to publicly available records Hector Mario Flores, a broker who last worked for  MML Investors Services,  discloses a final regulatory matter, a settled customer dispute and a termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In 3/2022 Flores was suspended indefinitely by FINRA for failing to respond to requests for information regarding a regulatory investigation.

In 11/2021 a customer of MML Investors Services filed a complaint in Midland County District Court alleging that money given to Flores which was intended to be used for investments in mutual funds and life insurance was misdirected by Flores. The customer alleges fraud and is seeking damages of $750,000.

Hector Flores was with MML Investors Services from 7/2019-12/2020, when he was “permitted to resign” while under review for undisclosed outside business activities.  Prior to that he was with NYLife Securities in Lubbock.

If you have suffered losses in an account handled by Hector M. Flores, Jr., contact us for a no charge consultation to learn how you may be able to recover damages through FINRA arbitration.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

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