Kury Calques et al v. Santander Securities, FINRA ID #12-01192 (San Juan, PR, 8/6/2013) - An all-public Panel awarded a total of $1,868,000 to a group of customers who alleged over-concentration of their accounts.
According to FINRA's Award Summary on their website, "Claimants asserted the following causes of action: negligence, breach of contract, breach of fiduciary duty, overconcentration in violation of FINRA and NASD rules, violations of FINRA and NASD rules, unsuitability, failure to supervise, unjust enrichment, fraud and violations of the Puerto Rico Securities Act and the Federal Securities Act. The causes of action relate to Claimants' investments in Puerto Rico Conservation Trust Notes."
Soreide Law Group, PLLC, has represented clients nationwide. If you feel you have become a victim of Santander Securities, of Puerto Rico please call a Securities Arbitration Lawyer for a free consultation on how to potentially recover your losses. To speak with an attorney, call 888-760-6552
Contact Soreide Law Group for a Free Review of Your Potential Investment Loss Claim If your financial advisor recommended Creative Media & Community Trust (NASDAQ: CMCT) and you suffered substantial losses, you may have legal rights. A CMCT investment loss attorney can help you understand your options and pursue recovery. Many investors purchased CMCT believing […]
Soreide Law Group is investigating potential investor claims involving Cambridge Investment Research following a FINRA disciplinary action concerning Unit Investment Trust (UIT) recommendations. In April 2026, FINRA censured Cambridge Investment Research after finding supervisory deficiencies involving certain UIT recommendations made to retail clients. Investors who incurred excessive fees, unnecessary costs, or other damages associated with […]
Soreide Law Group is investigating potential investor claims involving Infinity Financial Services after FINRA sanctioned the firm for supervisory failures involving deferred variable annuity exchanges and recommendations. Investors who incurred surrender charges or other losses in connection with variable annuity transactions recommended through Infinity should review the allegations that led to FINRA's disciplinary action against […]
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