The allegations read: Nicholas t. Avello was named in a customer complaint that asserted the following causes of action: churning in violation of \\u00a7 10(b) of the securities exchange act and rule 10b-5; unsuitability in violation of \\u00a7 10(b) of the securities exchange act and rule 10b-5; violation of the illinois securities law of 1953; violation of the illinois consumer fraud and deceptive business practices act; common law fraud; breach of fiduciary duty; negligent supervision; negligent hiring; unjust enrichment and violation of finra rules.
