Puerto Rico Bonds

Puerto Rico Bond Losses with FMSBonds, Inc. Financial Advisor Cecil Dimond?

Posted on Thursday, December 13th, 2018 at 6:39 am    

Erez Law is currently investigating FMSBonds, Inc. financial advisor Cecil Dimond (CRD# 1133304) regarding Puerto Rico bond losses. Dimond has been registered with FMSBonds, Inc. in North Miami, Florida since 1989. Puerto Rico suffers from long-term financial and economic deficiencies that rendered its credit increasingly more speculative. The deterioration of Puerto Rico’s financial condition culminated […]

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Former Newport Coast Securities, Inc. Client Wins FINRA Arbitration for $816,000 for Puerto Rico Bond Losses

Posted on Thursday, November 29th, 2018 at 9:03 am    

In September 2018, a former client of Newport Coast Securities, Inc. won an award in a FINRA arbitration for compensatory damages for $272,000 and $544,000 in punitive damages for losses sustained from investments in Puerto Rico bonds. The causes of action included unsuitable investments and strategy, breach of regulatory requirements, breach of fiduciary duty, negligence […]

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UBS Financial Services Inc. Financial Advisor José Gabriel Ramirez-Arone Jr. Guilty of More than $1 Million in Improperly Generated Commissions

Posted on Monday, November 19th, 2018 at 1:13 pm    

UBS Financial Services Inc. financial advisor José Gabriel Ramirez-Arone Jr. (CRD# 1519748) pleads guilty to fraudulently obtain and misuse non-purpose credit lines for purchasing securities, resulting in $1,225,500 in improperly generated commissions. Ramirez was registered with UBS Financial Services Inc. in Guaynabo, Puerto Rico and UBS Financial Services Incorporated of Puerto Rico in San Juan, […]

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Former Herbert J. Sims & Co. Inc. Financial Advisor Laurence Greene Investment Losses

Posted on Monday, November 12th, 2018 at 1:44 pm    

Have you suffered losses due to investment recommendations made by former Herbert J. Sims & Co. Inc. financial advisor Laurence Greene (CRD# 604082) regarding unsuitable oil and gas securities and Puerto Rico bond recommendations? Greene has been registered with Herbert J. Sims & Co. Inc. in Ellijay, Georgia from 2002 to January 2018. Greene is […]

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Did Morgan Stanley Financial Advisor James Duffy Recommend Unsuitable Puerto Rico Bonds?

Posted on Thursday, October 25th, 2018 at 11:11 am    

Erez Law is currently investigating Morgan Stanley financial advisor James Duffy (CRD# 1652887) regarding unsuitable Puerto Rico bond recommendations. Duffy has been registered with Morgan Stanley in Riverhead, New York since 2009. Puerto Rico suffers from long-term financial and economic deficiencies that rendered its credit increasingly more speculative. The deterioration of Puerto Rico’s financial condition […]

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Former UBS Financial Services, Inc. and UBS Financial Services, Inc. Client Wins FINRA Arbitration for $19 Million

Posted on Thursday, October 25th, 2018 at 10:12 am    

In October 2018, a former client of UBS Financial Services, Inc. and UBS Financial Services, Inc. of Puerto Rico won an award in a FINRA arbitration for compensatory damages for $14.9 million plus 5% post-award interest, as well as $3.9 million in attorney’s fees, $215,557 in costs, and the $750 filing fee for losses sustained […]

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Morgan Stanley Financial Advisor Alberto Castaner Puerto Rico Bond Losses

Posted on Wednesday, October 17th, 2018 at 4:40 pm    

Did you lose money investing in Puerto Rico bonds with Morgan Stanley financial advisor Alberto Castaner (CRD# 1603341)? Castaner has been registered with Morgan Stanley in Ft. Lauderdale, Florida since 2014. Previously, Castaner was registered with Popular Securities, LLC in San Juan, Puerto Rico from 2007 to 2014. Puerto Rico suffers from long-term financial and […]

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Did You Suffer Puerto Rico Bond Losses with David Lerner Associates, Inc. Financial Advisor Scott Mass?

Posted on Saturday, September 22nd, 2018 at 8:43 am    

David Lerner Associates, Inc. financial advisor Scott Mass (CRD# 1971403) accused of recommending unsuitable Puerto Rico bonds. Mass has been registered with David Lerner Associates, Inc. in Syosset, New York since 1996. Puerto Rico suffers from long-term financial and economic deficiencies that rendered its credit increasingly more speculative. The deterioration of Puerto Rico’s financial condition […]

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Merrill Lynch Financial Advisor Hector Gonzalez Has Two Pending Multi-Million Dollar Customer Complaints for Puerto Rico Bond Losses

Posted on Monday, August 27th, 2018 at 1:53 pm    

Erez Law is currently investigating Merrill Lynch financial advisor Hector Gonzalez (CRD# 5330726) who is alleged to recommend unsuitable Puerto Rico bonds. Gonzalez has been registered with Merrill Lynch, Pierce, Fenner & Smith Inc. in Guaynabo, Puerto Rico since 2010. Puerto Rico suffers from long-term financial and economic deficiencies that rendered its credit increasingly more […]

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Erez Law Files Claim for $630,000 by Wells Fargo Financial Advisors Ralph Bianchi and Samuel Cannon

Posted on Monday, August 27th, 2018 at 1:11 pm    

Erez Law recently filed a $630,000 FINRA arbitration against Wells Fargo for Puerto Rico bond losses. Their customers allege that Ralph Bianchi (CRD# 1513063) and Samuel Cannon (CRD# 1513838), who were registered representatives of Wells Fargo, made unsuitable investments in Puerto Rico bonds between 2013 through 2017. The customers were risk averse retirees who were […]

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