David James Vigil, of Ponte Vedra Beach, Florida, has been named in a customer initiated investment related arbitration claim on April 24, 2017, in which the customer requested $90,000.00 in damages based upon allegations that Vigil effected unsuitable transactions in the customer’s managed wrap account.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Vigil has been named in two additional customer initiated investment related disputes regarding allegations of his wrongdoing while employed with UBS Financial Services. Particularly, on November 9, 2011, a customer initiated investment related written complaint involving Vigil’s conduct was settled for $42,500.00 in damages based upon allegations that he misrepresented the risks associated with the customer’s structured notes products and did not adequately diversify the customer’s investment portfolio.
Vigil’s registration with Morgan Stanley was terminated on September 19, 2016. Since April 24, 2017, he has been associated with LPL Financial LLC.
Guiliano Law Group
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