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).

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