Haselkorn & Thibaut has opened an investigation into Lyhen Fiallo, a former financial advisor most recently registered with Primerica (PFS Investments) in Hialeah, Florida. If you invested with Lyhen Fiallo or have questions about your investment accounts, this research report is designed to keep you informed and empowered. As a national securities fraud law firm with over 50 years of experience, a 98% success rate, and millions recovered for clients, Haselkorn & Thibaut stands ready to help resolve investor concerns—including those involving Lyhen Fiallo and PFS Investments.
Who is Lyhen Fiallo?
Table of Contents
Lyhen Fiallo (CRD# 4579582) has worked in the financial services industry for four years. Her most recent affiliation was with PFS Investments, commonly known as Primerica, serving clients primarily in Hialeah, Florida. Over those four years, Ms. Fiallo acquired multiple professional securities licenses, including:
- Securities Industry Essentials (SIE)
- Series 63 (Uniform Securities Agent State Law Examination)
- Series 6TO (Investment Company Products/Variable Contracts Representative)
- Series 26 (Investment Company Products/Variable Contracts Principal)
As of January 2026, she is no longer registered as a broker or principal, having been barred by FINRA.
Overview of the FINRA Bar Against Lyhen Fiallo
According to the Financial Industry Regulatory Authority (FINRA), Lyhen Fiallo was sanctioned and barred from associating with any member firm in any capacity. A close examination of the Letter of Acceptance, Waiver, and Consent (AWC No. 2025088525001) reveals that FINRA initiated an investigation into her “potential involvement with borrowing from a securities customer.”
Key takeaway: FINRA Rule 8210 empowers them to request documents and information during such investigations. Ms. Fiallo’s refusal to provide the requested information was a direct violation of FINRA Rules, leading to her permanent bar.
| Action | Date | Reason | Outcome |
|---|---|---|---|
| FINRA Investigation & Bar | January 2026 | Failure to cooperate regarding alleged customer borrowing | Permanently barred from the securities industry |
Red Flags for Investors
- Barred Status: Lyhen Fiallo is barred from associating with FINRA member firms—this means she cannot serve as a broker or advisor at any regulated firm.
- Non-Cooperation with Investigators: Refusing FINRA’s requests is a serious compliance concern and signals issues regarding transparency.
- “Customer Borrowing” Allegation: FINRA’s investigation centered on the potential borrowing of funds from a customer—actions generally not permitted under industry standards, and a clear red flag for investor protection.
Complaints, Lawsuits, and Regulatory Actions
Our in-depth review of FINRA BrokerCheck and other public records provides an up-to-date summary of any known customer complaints or lawsuits involving Lyhen Fiallo:
- Regulatory Investigations: Only one regulatory action (the FINRA bar referenced above); no multiple, ongoing, or additional matters revealed.
- Customer Complaints: No customer-initiated complaints or arbitration cases were found listed under Lyhen Fiallo on BrokerCheck as of the last update.
- SEC Actions: No U.S. Securities and Exchange Commission (SEC) orders or administrative actions named her as a respondent.
- PACER (Federal Court) Filings: No federal civil suits or judgments involving Lyhen Fiallo surfaced in our search.
- State Regulator Actions: No administrative orders or cease-and-desist actions on file in major state databases (including Florida).
- Media & News Reports: No press releases, news stories, or investor bulletins concerning client losses or improper conduct outside the FINRA bar itself.
Summary Table: Complaints and Disclosures (as of January 2026)
| Type | Number Filed | Status/Notes |
|---|---|---|
| Customer Complaints | 0 | No known complaints or arbitrations |
| Regulatory Actions | 1 | Barred for non-cooperation (FINRA) |
| SEC Orders | 0 | No known actions |
| State Actions | 0 | No known state-level regulatory actions |
| Lawsuits | 0 | No federal court records |
How to Protect Your Investments
- Review Your Account Statements: Check for unauthorized withdrawals, loans, or irregularities, especially if you worked with Lyhen Fiallo while she was with Primerica.
- Monitor BrokerCheck Regularly: Even if no complaints are shown today, monitor BrokerCheck for updates or new disclosures on your advisor.
- Consult a Securities Law Firm: Investigations can reveal additional facts not yet public. If you suffered losses or have unanswered questions about your investment history with Lyhen Fiallo or Primerica, getting an independent review is wise.
Next Steps – Free & Confidential Case Review
Your experience matters—especially in situations where a former financial professional, like Lyhen Fiallo, has been removed from the industry. If you are a client, former client, or believe your investments were mishandled at PFS Investments / Primerica, Haselkorn & Thibaut is here to help. Our team investigates claims nationwide and can help you understand your options—at no upfront cost and with no commitment required.
Concerned about your investments with Lyhen Fiallo or PFS Investments? Get answers and a complimentary review from Haselkorn & Thibaut today.
Call our dedicated investor helpline: 1-888-885-7162.
Your consultation is free and confidential. Remember, if there’s no recovery, there’s no fee—so you have nothing to lose, and peace of mind to gain.
