Soreide Law Group is investigating possible investor claims against Pedro Escobar (also known as Pedro Jose Escobar) (CRD: 2785268, Miami, Florida). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for SunTrust Investment Services Inc. Notably, investors allege sales practice violations in these disputes, including that Escobar made unsuitable recommendations. Here is a brief summary of the disclosures about Escobar.
Evidently, on November 8, 2022, a SunTrust Investment Services Inc. client filed FINRA Arbitration: 22-02530 about Pedro Escobar. Namely, the client alleged that Escobar made unsuitable recommendations. Because of this, the client allegedly sustained damages on GICs. Therefore, the client requested $500,000 in compensation from SunTrust Investment Services Inc. or Escobar. BrokerCheck shows that this arbitration is pending a resolution.
Also, a client of Wachovia Securities LLC contested Pedro Escobar’s sales practices, according to a complaint dated March 24, 2009. Allegedly, Escobar failed to follow instructions. Supposedly, Escobar caused the client to sustain damages on variable annuities. Therefore, the client requested compensatory relief from Wachovia Securities LLC or Escobar in the amount of $45,103.89. However, Wachovia Securities LLC denied this complaint.
Have you experienced damages through investing with Pedro Escobar? You should contact Soreide Law Group at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered funds for many investors in all 50 states, represents investors like you on a contingency fee basis and advances all costs. Escobar and those firms Escobar worked for deny any and all allegations of sales practice violations.
PHILLIP CURTIS ANDERSON (PHILLIP C ANDERSON) was fined $10,000.00, ordered to pay disgorgement of $8,280.00, and was suspended for five months by FINRA. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, the “Regulatory” disclosure dated 5/13/2025 states the following: “Without admitting or denying the findings, Anderson consented to the sanctions and to […]
Soreide Law Group filed a FINRA arbitration on behalf of our client (Claimant) against: WESTERN INTERNATIONAL SECURITIES, INC. (WIS). (Respondent) The Claimant is in his late sixties and lives in California. On or about 2019, the Claimant was invited to a presentation on retirement income by a WESTERN INTERNATIONAL SECURITIES’ former broker. The lawsuit alleges […]
Investors apparently complained about securities broker Charles Kenneth Wareham [CRD: 2193537, Hartford, Connecticut], according to publicly available information on FINRA BrokerCheck. Evidently, Charles Wareham has been registered with Independent Financial Group LLC since March 14, 2014. Readers are encouraged to continue below for details about the disclosures involving Wareham. Independent Financial Group LLC Investor Accused […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com