Dario Alberto Ochoa (also known as Dario Ochoa Garcia) of Guaynabo Puerto Rico a stockbroker currently registered with Merrill Lynch is the subject of a customer initiated investment related arbitration claim in which the customer accused Ochoa to have made misrepresentations to the customer as well as unsuitable investment recommendations in reference to foreign-debt and mutual fund investments held in the customer’s account. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-01674 (May 4, 2018).

FINRA Public Disclosure reveals that Ochoa has been identified in three additional customer initiated investment related disputes containing allegations of his misconduct during the period that he was associated with Merrill Lynch and Santander Securities LLC. Specifically, a customer initiated investment related arbitration claim regarding Ochoa’s conduct was settled for $112,000.00 in damages based upon accusations including breach of contract, negligence, breach of fiduciary, and Santander Securities’ failure to supervise Ochoa’s activities in the customer’s account. FINRA Arbitration No. 14-01998 (Feb. 8, 2017).

Subsequently, a customer filed an investment related arbitration claim concerning Ochoa’s conduct where the customer requested as much as $5,000,000.00 in damages supported by allegations including breach of contract, breach fiduciary duty, suitability, negligence, and federal securities laws violations pertaining to the customer’s investment in closed-end funds and municipal debt products. FINRA Arbitration No. 18-02140 (June 12, 2018). Furthermore, a customer filed an investment related arbitration claim involving Ochoa’s activities in which the customer alleged suitability and misrepresentation pertaining to debt investments. FINRA Arbitration No. 18-02235 (June 15, 2018).

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 tens of millions of dollars for more than 1,000 injured investors from all over the United States and from all over the World. We accept representation 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)