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.
Soreide Law Group is looking into possible investor claims against securities broker Juan Carlos Sosa (CRD: 4059846, Studio City, California. Evidently, Sagepoint Financial Inc. permitted Sosa to resign amid allegations of his misconduct. Here is a brief summary of Sagepoint Financial Inc.’s allegations against Sosa as well as a summary of Sagepoint investor disputes.
Notably, on July 8, 2022, Sagepoint Financial Inc. disaffiliated with Sosa. Evidently, Sagepoint Financial Inc. alleged that Sosa was named as a beneficiary and trustee on a living trust maintained by a client. Notably, the firm alleged that Sosa violated the firm’s procedures and policies.
Additionally, on June 10, 2022, a Sagepoint Financial Inc. client filed a complaint about Juan Sosa’s actions with respect to a trust account. Supposedly, the client allegedly sustained damages relating to a trust property transfer. Therefore, the client requested $100,000 in compensation from Sagepoint Financial Inc. or Sosa. However, the securities firm denied this complaint.
Also, a client of Sagepoint Financial Inc. contested Juan Sosa’s sales practices, according to a complaint dated June 24, 2009. Allegedly, Sosa made unsuitable recommendations. Supposedly, Sosa possibly caused the client to sustain damages on real estate securities. Therefore, the client requested compensation from Sagepoint Financial Inc. or Sosa in the amount of $291,000. However, the securities firm denied the complaint.
Specifically, a WM Financial Services Inc. client filed a complaint about Juan Sosa. Namely, the client alleged that Sosa gave unsuitable advice. Because of this, the client allegedly sustained damages on variable annuities. Therefore, on May 4, 2005, WM Financial Services Inc. settled this matter by paying the client $9,271.99 in damages.
Also, a client of WM Financial Services Inc. contested Juan Sosa’s sales practices, according to a complaint. Allegedly, Sosa engaged in unauthorized transaction, made unsuitable recommendations, and made omissions. Supposedly, Sosa possibly caused the client to sustain damages on variable annuities. Therefore, WM Financial Services Inc. opted to settle the matter on October 4, 2004, by compensating the client in the amount of $1,128.24.
Have you sustained damages due to the actions of Juan Sosa? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors across the United States, represents clients on a contingency fee basis and will advance all costs. Please keep in mind that Sosa and brokerage firms Sosa worked for deny all 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.
Phone:
Fax: 1-954-760-6553
Email: [email protected]