Robert Estevez of Greenwich Connecticut a stockbroker formerly registered with Investors Capital Corp. is referenced in a customer initiated investment related arbitration claim which was resolved for $400,000.00 in damages founded on allegations that (1) misrepresentations had been made to the customer by Estevez concerning the customer’s equity investments (2) stock trades placed by Estevez…
Robert Estevez, of Greenwich, Connecticut, a stockbroker with Investors Capital Corporation, was fined $20,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member firm in any capacity after consenting to findings that he made unsuitable investment recommendations to customers. Letter of Acceptance, Waiver and Consent, No. 2014040158902 (Sept. 16, 2016). According to…