Tag Archives: Santander Securities LLC

Investors Sue Santander Securities For Unsuitable Trading

August 27, 2020  |   Posted by :   |   Failure To Supervise, Municipal Bond Fraud, Securities Arbitration Claims, Securities Fraud, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue Santander Securities For Unsuitable Trading

Eric Juan Stubbe Arsuaga of Dorchester Massachusetts a stockbroker formerly employed by Santander Securities LLC has been identified in a customer initiated investment related arbitration claim which was resolved for $82,500.00 in damages based upon allegations that the customer had been placed in common and preferred stock and mutual funds among other investments that failed […]

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Santander Securities Sued By Investors For Fraud

July 11, 2020  |   Posted by :   |   Bond Fraud, Municipal Bond Fraud, Securities Arbitration Claims, Securities Fraud   |   Comments Off on Santander Securities Sued By Investors For Fraud

Lazaro Armando Fernandez Paredes of Dorchester Massachusetts a stockbroker formerly registered with Santander Securities is the subject of a customer initiated investment related arbitration claim which was resolved for $30,000.00 in damages based upon accusations that the customer had been placed into fraudulent closed end funds and municipal debt investments during the time that Paredes […]

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Investors Sue Santander For Breach Of Fiduciary Duty

May 12, 2020  |   Posted by :   |   Breach of Fiduciary Duty, Securities Arbitration Claims, Unsuitable Investment Recommendations   |   Comments Off on Investors Sue Santander For Breach Of Fiduciary Duty

Mariondy Fernandez (also known as Mariondy Fernandez Parades) of Dorchester Massachusetts a stockbroker registered with Santander Securities LLC is the subject of a customer initiated investment related arbitration claim which settled for $140,000.00 in damages based upon allegations that (1) transactions effected in the customer’s account were not suitable for the customer (2) fiduciary and […]

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FINRA Sanctions Santander Stockbroker For Customer Loan

Julian E. Munoz (also known as Julian Munoz Martinez) of Dorchester Massachusetts a stockbroker formerly registered with Santander Securities LLC has been fined $5,000.00 and suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that the stockbroker entered into a loan arrangement with a […]

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Investors Sue Santander For Failure To Supervise Short Broker With Long List Of Complaints

Suzanne Short of San Juan Puerto Rico a stockbroker registered with Santander Securities LLC is the subject of a customer initiated investment related arbitration claim where the customer sought between $500,000.00 and $1,000,000.00 in damages based upon accusations that transactions violated securities laws or rules (1) a contract and warranties were breached (2) transactions lacked […]

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Santander Sued By Investors For Fraud

Luis Currais Lopez of Dorchester Massachusetts a stockbroker formerly employed by Santander Securities LLC has been identified in a customer initiated investment related arbitration claim which has been resolved for $12,000.00 in damages founded on accusations that (1) transactions failed to be adequately supervised by the securities broker dealer (2) false or misleading statements had […]

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Investors Sue Santander For Breach Of Fiduciary Duty

Hortensia Llavat Tilen of San Juan Puerto Rico a stockbroker formerly employed by Santander Securities LLC is the subject of a customer initiated investment related arbitration claim where the customer sought $3,000,000.00 in damages supported by accusations that (1) the firm failed to supervise Tilen’s closed-end funds and municipal debt transactions in the customer’s account […]

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Investors Sue Santander For Fraud

March 28, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Willie Levon Vales of Conshohocken Pennsylvania a stockbroker formerly registered with Santander Securities LLC is the subject of a customer initiated investment related arbitration claim where the customer requested $285,000.00 in damages founded on accusations of the (1) violation of Pennsylvania Unfair Trade Practices and Consumer Protection Law (2) breach of fiduciary duties and contractual […]

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Santander Securities Continues To Be Sued By Investors For Fraud

Luis Currais Lopez of Dorchester Massachusetts a stockbroker formerly registered with Santander Securities LLC is referenced in a customer initiated investment related arbitration claim in which the customer sought $65,000.00 in damages supported by accusations that (1) fiduciary duties were breached (2) the customer was falsely induced into inaction upon discovering volatility in the customer’s […]

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Santander Securities Sued By Investor For Securities Fraud

November 30, 2018  |   Posted by :   |   Bond Fraud, Investment and Regulatory News, Securities Fraud   |   0 Comments

Robert Luis Maldonado of Guaynabo Puerto Rico a stockbroker formerly registered with Santander Securities LLC is referenced in a customer initiated investment related arbitration claim where the customer sought $500,000.00 in damages founded on allegations of (1) violations of securities laws (2) breach of contract (3) supervisory failures (4) negligence (5) breach of fiduciary duty […]

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Investor Sues Santander Securities For Fraud

November 12, 2018  |   Posted by :   |   Bond Fraud, Investment and Regulatory News, Securities Fraud   |   0 Comments

Ricardo Antonio Rodriguez Vazquez of Guaynabo Puerto Rico a stockbroker formerly employed by Santander Securities LLC is the subject of a customer initiated investment related arbitration claim on April 10, 2018 where the customer sought $979,000 in damages based upon accusations of (1) negligence (2) failure to supervise (3) breach of the duty of good faith […]

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Investor Sues Santander Securities For Fraud

Lazaro Armando Fernandez Paredes of Dorchester Massachusetts a stockbroker formerly registered with Santander Securities LLC is referenced in a customer initiated investment related arbitration claim where the customer requested $100,000.00 in damages founded on accusations that (1) transactions were executed in the customer’s account that were not suitable for the customer (2) the customer’s account […]

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Santander Sued By Investor For Fraud

William K. Tress (also known as William K. Tress Garcia) of Dorchester Massachusetts a stockbroker formerly employed by Santander Securities is the subject of a customer initiated investment related arbitration claim where the customer requested $111,522.41 in damages based upon accusations including (1) gross negligence (2) breach of contract (3) failure to supervise (4) breach […]

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Customer Accuses Santander Securities Of Forgery

May 01, 2018  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

Gina Marie Bert-Zatto of Plainville Connecticut a stockbroker formerly registered with Santander Securities LLC is the subject of a customer initiated investment related written complaint which was resolved for $16,033.75 in damages on December 29, 2016 founded on accusations of forgery of customer account documentation and losses relating to the customer’s market linked certificate of […]

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Santander Securities Sued For Misrepresentation

July 29, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Willie L. Vales, of Conshohocken, Pennsylvania, a stockbroker formerly registered with Santander Securities LLC, is the subject of a customer initiated investment related arbitration claim on February 27, 2017, based upon allegations including violation of securities laws, breach of contract, breach of fiduciary duty, over-concentration, and misrepresentation pertaining to exchange traded funds effected in the […]

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Santander Bank Management Complaints

July 05, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Kamran Abrishami, of Staten Island, New York, a stockbroker formerly registered with Santander Securities LLC, has been named in a customer initiated investment related written complaint on April 26, 2016, in which the customer requested $15,983.00 in damages based upon allegations that he failed to inform the customer about tax liabilities that the customer would […]

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Santander Securities Stockbroker Barred In Investigation

February 27, 2017  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Joan Marie Larsen, of Freehold, New Jersey, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she failed to cooperate in a FINRA investigation into allegations that she accepted an unauthorized loan from a customer. Letter of Acceptance, Waiver and Consent, No. […]

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Santander Securities Stockbroker Suspended For Annuity Fraud

Joseph C. Noyes IV, a stockbroker formerly registered with Santander Securities LLC, has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Noyes falsified customer documents, and effected an annuity exchange which was not suitable for a customer. Letter of […]

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