Hector J. Gonzalez (also known as Hector Gonzalez Colon) of Miami Florida a stockbroker formerly registered with Merrill Lynch Pierce Fenner Smith Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $3,000,000.00 in damages founded upon accusations of Gonzalez misrepresenting municipal bonds when he was registered with Merrill Lynch Pierce Fenner Smith. FINRA Arbitration No. 20-00673 (February 28, 2020). The claim alleges that Gonzalez made unsuitable investment recommendations to the customer.
FINRA Public Disclosure shows that Gonzalez has been identified in five additional customer initiated investment related disputes regarding allegations of his harmful actions while he was associated with Merrill Lynch Pierce Fenner Smith. On April 30, 2019, a customer filed an investment related FINRA securities arbitration claim concerning Gonzalez’s conduct. They sought $6,000,000.00 in damages supported by accusations that Gonzalez provided unsuitable investment recommendations of government bonds. FINRA Arbitration No. 19-01195. Allegations also include misrepresentations relating to the customer’s investment transactions through Merrill Lynch.
Gonzalez is also the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $7,000,000.00 in damages based on accusations that Gonzalez provided inappropriate recommendations pertaining to the customer’s investments in government bonds. FINRA Arbitration No. 19-01736 (June 18, 2019).
On June 28, 2019, a different customer filed an investment related FINRA securities arbitration claim involving Gonzalez’s activities. They sought $5,000,000.00 in damages founded upon allegations that they were sold unsuitable investments because of Gonzalez. FINRA Arbitration No. 19-01844. According to the claim, Gonzalez misrepresented information relating to the transactions.
Gonzalez is also referenced in a customer initiated investment related FINRA securities arbitration claim where the customer requested $3,000,000.00 in damages supported by accusations of unsuitable advice and misrepresentations by Gonzalez regarding municipal debt investments for the customer’s account at Merrill Lynch. FINRA Arbitration No. 19-03323 (November 7, 2019).
The stockbroker is the subject of another customer initiated investment related FINRA securities arbitration claim that was resolved for $220,000.00 in damages based on allegations that Gonzalez made harmful investment recommendations and misrepresented information about corporate bonds resulting in damages to the customer. FINRA Arbitration No. 19-00871 (April 27, 2021).
Gonzalez has been registered with Merrill Lynch as a stockbroker since June 21, 2010, and as an investment adviser representative since October 22, 2010.
