ERNESTO A CHAVEZ JR is currently registered both as a broker and financial advisor with EMERSON EQUITY LLC of Nogales, Arizona since March of 2022. Before Emerson, Chavez was registered both as a broker and financial advisor with WESTERN INTERNATIONAL SECURITIES INC of Nogales, Arizona from 2015 – 2022.
According to FINRA’s BrokerCheck, ERNESTO A CHAVEZ JR has 24 years of experience in the securities industry. He has been listed with 6 firms. Chavez has 4 disclosures on his FINRA CRD report. There is an “Employment Separation after Allegations” dated 2/2/2010. It states that Chavez was “permitted to resign” from EDWARD JONES following the allegations. Moreover, “CHAVEZ WAS PERMITTED TO RESIGN DURING THE COURSE OF A COMPLIANCE INVESTIGATION INTO CONCERNS ABOUT HIS KNOWLEDGE OF ACTIVITY TAKING PLACE IN CLIENT ACCOUNTS.” Chavez added a Broker Comment regarding the allegations.
ERNESTO A CHAVEZ JR has 3 “Customer Disputes” listed on his FINRA CRD report. The significance of Chavez’ disclosures is underscored in FINRA NOTICE to MEMBERS 03-49. Notably, FINRA conducted a review of the CRD’s of all registered representatives. Only .41% had been the subject of 3 or more customer complaints. In other words, ERNESTO A CHAVEZ JR’s customer complaints rank him in the top one-hundredth percent of all registered representatives for customer complaints.
Of the 3 “Customer Disputes” filed against ERNESTO A CHAVEZ JR, 2 have settled and 1 is pending. A settled dispute dated 9/22/2023 alleged, “Breach of Fiduciary Duty, Negligent Misrepresentation and Breach of Contract in connection with the sale of securities.” This dispute settled for $14,500.00.
Another settled dispute filed against ERNESTO A CHAVEZ JR, dated 10/27/2022, settled for $56,947.93. The allegations were, “Unsuitable recommendations, Misrepresentations.” Chavez denies the allegations in the Broker Comment.
The pending “Customer Dispute” dated 10/17/2022 filed against ERNESTO A CHAVEZ JR is requesting $100,000.00 in damages. The allegations are, “Breach of Contract, Violation of Securities Statutes, Breach of Fiduciary Duty, Claims under common law, Vicarious Liability.” Chavez denies these allegations.
To discuss this article or any other securities issues, contact Soreide Law Group and speak to an experienced securities lawyer at no cost: 888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA on a contingency fee basis.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com