John Alex (CRD: 2020710) settled customer disputes at Morgan Stanley and UBS Financial Services between 2011 and 2025, according to BrokerCheck, which lists him as John L. Alex.
Investors apparently complained about securities broker Jorge Menendez [CRD: 5138358, Miami, Florida], according to disclosures on FINRA BrokerCheck. According to the regulator, Menendez has worked for Citigroup Global Markets Inc. since November 21, 2013, working at Citi Retail Banking in Miami, Florida, and CWM Retail, Sales in Doral, Florida. Read on to learn more about the allegations investors have raised against Menendez.
Particularly, on December 11, 2023, a Citigroup Global Markets Inc. client filed FINRA Arbitration No. 23-03505 about Jorge Menendez. The client alleged that Menendez overconcentrated the client’s portfolio in structured notes. Because of the securities broker allegedly engaging in unsuitable trading, the client sustained damages on derivatives. Therefore, the client requested $800,000 in compensation from Citigroup Global Markets Inc. or Menendez. It appears that the client settled for $135,000 in damages on February 12, 2025.
Specifically, a client of BB&T Investment Services Inc. contested Jorge Menendez’s sales practices by filing FINRA Arbitration No. 14-01627. Allegedly, Menendez made negligent misrepresentations and omissions, and he recommended investments that were not suitable for the client. It appears that Menendez caused the client to sustain damages on unit investment trusts. Therefore, BB&T Investment Services Inc. opted to settle the matter on October 2, 2014, by compensating the client in the amount of $49,500.
Seeking more information about Jorge Menendez? If you incurred losses, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities lawyer concerning a potential recovery. Soreide Law Group has recovered losses for investors throughout the country, represents clients on a contingency fee basis, and advances all costs. Menendez and brokerage firms Menendez worked for deny accusations of sales practice violations.
John Alex (CRD: 2020710) settled customer disputes at Morgan Stanley and UBS Financial Services between 2011 and 2025, according to BrokerCheck, which lists him as John L. Alex.
Sam Bhushan (CRD: 4884717) is named in several pending customer complaints and one settled dispute, according to his BrokerCheck report.
Sterling Louviere (CRD: 2021328), listed on BrokerCheck as Sterling Vaughn Louviere, is named in a pending customer claim over Reg D private placements, with Cabin Securities as the firm named.
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