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Delio Eduardo Londono formerly with Sagepoint Financial, Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past Year

Who is Delio E. Londono formerly with Sagepoint Financial, Inc.?

Delio Londono (CRD #2695744) who was formerly registered with Sagepoint Financial, Inc. and located in La Crescenta, California is a subject of one of our many securities industry sales practice abuse investigations. Prior to Sagepoint Financial, Inc., Delio Londono was associated with 4 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. In September 2020, Delio Londono was terminated by Sagepoint Financial, Inc. for allegedly returning certain funds to a client related to an investment without knowledge of the firm.

Sagepoint Financial, Inc. Broker Misconduct

In his career, Delio Londono has been the subject of 4 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. One of Delio Londono’s 4 customer complaints settled in favor of investors. Three of those customer complaints were recently denied by Sagepoint Financial, Inc., and to date, the customers have not filed any action. 

Allegations Against Delio Londono  

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • The client alleged that investment recommendations in several mutual funds, real estate investment trusts and private placements were unsuitable.
  • Customer alleges that non-traded alternative investments were misrepresented and unsuitable investment recommendations, including investments made in REITs, business development companies and the Global Impact Fund.
  • Client alleged the financial advisor made misrepresentations and share commissions with the client.
  • Customer alleged misrepresentation of non-traded REITs.

Delio Londono Red Flags & Your Rights As An Investor

Of course, Delio Londono did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Delio Londono at Sagepoint Financial, Inc. on alert to review carefully the activity and performance of their accounts and question whether Delio Londono has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Sagepoint Financial, Inc. about Delio Londono also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Sagepoint Financial, Inc.  

If you have questions about Sagepoint Financial, Inc. and/or Delio Londono and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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