Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors potentially incurred losses because of securities broker Juan Pablo Rionda [CRD: 2363399, Delray Beach, Florida], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Rionda has been registered with Merrill Lynch as a securities broker since September 10, 1993, and as a financial advisor since September 16, 1993. See below to discover more about Rionda’s disclosures.
Particularly, a Merrill Lynch client filed FINRA Arbitration No. 25-00034 concerning Juan Rionda. Primarily, the client alleged that Rionda misappropriated funds. Therefore, on April 27, 2026, Merrill Lynch settled the matter by paying the client $6,000,000 in compensation. Rionda reportedly contributed $2,750,000 to the settlement. Rionda stated that, without admitting wrongdoing, he agreed to contribute to resolve the matter and avoid the costs and uncertainty of arbitration.
Specifically, a client of Merrill Lynch disputed Rionda’s sales practices, according to a complaint dated October 15, 2002. Allegedly, Rionda made an unsuitable recommendation involving an over-the-counter preferred trust investment, and the client claimed not to have understood that this was the type of investment being purchased. It appears that Rionda allegedly caused the client to sustain damages involving over-the-counter equities. Merrill Lynch denied the complaint on December 28, 2005.
Do you have concerns or questions regarding investments you made with Juan Rionda? You should contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Rionda and brokerage firm Merrill Lynch deny allegations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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