Were you the victim of Jefferies LLC broker Ariel Rivero (CRD# 4236679)? Ariel Rivero has been registered with Jefferies LLC in Miami, Florida and with Leucadia Asset Management LLC in Miami, Florida since 2016.
Ariel Rivero Faces Suitability Complaint
Ariel Rivero has been the subject of one customer complaint, according to his CRD report:
September 2021. “Client alleges breaches of fiduciary duties by placing Claimant into unsuitable and risky investments; unauthorized use of client funds; and failure to supervise and to maintain adequate system of supervision. Time Period: Late 2020 to present.” The customer is seeking $390,000 in damages and the case is currently pending. The complaint was regarding options and exchange traded funds (ETFs) and took place while Ariel Rivero was registered with Jefferies LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Jefferies LLC may be liable for investment or other losses suffered by Ariel Rivero’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.