Can I recover losses from investments with Cetera Advisors LLC broker J. Paul Escudero (CRD# 2111381)? He has been registered with Cetera Advisors LLC in Orange, California, since 2022, Cetera Investment Advisers LLC in Orange, California, since 2020, and Orange Capital Management, Inc. in Orange, California, since 2001. He was registered with First Allied Securities, Inc. in Orange, California, from 2008 to 2022, and First Allied Advisory Services, Inc. in Orange, California, from 2007 to 2020.
In December 2005, “the North Carolina Insurance Department denied the reps nonresident license application request because an arbitration panel of the NASD “awarded a judgment for $120,000 against the rep and FFP Securities, Inc. on April 30, 2003 regarding the NASD #02-02288.” The NASD awarded a judgment for $120,000 against the rep and FFP Securities, Inc. on April 30, 2003 regarding the NASD #02-02288.”
J. Paul Escudero Customer Complaints
He has been the subject of five customer complaints between 2001 and 2025, according to his CRD report. The most recent complaint was regarding:
November 2025. “Client Alleges unsuitable and unmonitored strategy in their Advisory Retirement Accounts.” The case is currently pending. The complaint was regarding mutual fund losses, and it took place while he was registered with Cetera Advisors 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, Cetera Advisors LLC may be liable for investment or other losses suffered by J. Paul Escudero’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.
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