Bad Alternative Investments

Antonio Ramirez of Aliso Viejo California a stockbroker formerly employed by RP Capital LLC is the subject of a customer initiated investment related civil action that settled for $5,795,000.00 in damages founded on allegations that (1) alternative investment transactions were executed in the customer’s account that were not suitable for the customer (2) misrepresentations had been made to the customer concerning promissory notes and direct investment products and (3) Ramirez failed to supervise the activities in the customer’s account concerning the customer’s investment in Aequitas. Case No. 3:17-cv-00869-HZ (Oct. 18, 2017).

Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Ramirez has been identified in two more customer initiated investment related disputes containing accusations of Ramirez’s violative conduct during the time that he was associated with RP Capital LLC. For example, a customer filed an investment related arbitration claim involving Ramirez’s conduct where the customer requested $1,810,000.00 in damages based upon allegations including suitability; failure to conduct due diligence on Aequitas private placements; misrepresentation; and fraud. FINRA Arbitration No. 16-01610 (June 20, 2016).

Ramirez’s registration with RP Capital LLC has been terminated as of April 26, 2016. Since December 19, 2017, Ramirez has been registered with The Benchmark Company.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer

Guiliano Law Group

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Tags: ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website