Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker Rene Javier Castro [CRD: 2559410, Chicago, Illinois]. Rene Javier Castro worked for Center Street Securities, Inc. from April 2014 to October 2019 and later joined Great Point Capital LLC in November 2019, where he remains registered. Recent disclosures reveal concerns about Castro’s conduct, including allegations of unsuitable investment recommendations.
On January 2, 2024, a client of Great Point Capital LLC filed a FINRA arbitration claim alleging Rene Javier Castro recommended unsuitable GWG L Bonds. The claim stated that the investment caused damages amounting to $32,000. On July 10, 2024, the matter was settled with the firm agreeing to pay $15,000.
On June 2, 2022, a client of Great Point Capital LLC alleged that Rene Javier Castro recommended unsuitable GWG Bonds, citing negligence, breach of fiduciary duty, and contract violations. The client sought damages of $151,000. On November 14, 2022, Great Point Capital LLC resolved the matter, paying a settlement of $175,000.
On September 6, 2022, a client filed an arbitration claim alleging unsuitable investment recommendations. The claim sought $100,000 in damages, plus fees and interest. On September 28, 2023, the matter was settled for $102,491.43.
On August 21, 2023, a client of Center Street Securities filed a FINRA arbitration claim alleging Rene Javier Castro recommended unsuitable alternative investments. The client claimed damages of $140,000. As of this date, the matter remains pending resolution.
On June 7, 2023, a client of Center Street Securities filed an arbitration claim alleging unsuitable recommendations of corporate debt investments. The claim sought $100,000 in damages. This matter remains pending resolution.
On October 6, 2022, a client of Center Street Securities filed a FINRA arbitration claim alleging Rene Javier Castro recommended unsuitable alternative investments. The client sought $250,000 in damages. Evidently, the arbitration remains pending.
Looking for more information about Rene Javier Castro? If so, reach out to Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. With experience representing investors across the U.S., Soreide Law Group works on contingency, advances costs, and helps clients recover losses from sales practice misconduct when possible. Castro and the firms he worked for deny accusations of sales practice violations.
Investors potentially experienced sales practice violations by securities broker Theodore William Byrer (also known as Ted Byrer) [CRD: 2980696, Westfield, Indiana], and FINRA sanctioned him, according to information disclosed through FINRA BrokerCheck. Byrer worked for Morgan Stanley from November 11, 2013, to April 20, 2023, and International Assets Advisory LLC, from May 9, 2023, to […]
Financial Industry Regulatory Authority (FINRA) sanctioned securities broker David Spencer Cooper [CRD: 5357930, New York, New York], given the public information found on BrokerCheck. Cooper worked for Joseph Gunnar Co. LLC from June 12, 2009, to June 24, 2024, and from September 24, 2024, to February 24, 2025. See below to discover more about Cooper’s […]
Securities and Exchange Commission (SEC) took action against securities broker Clarice Crystal Saw (also known as Clarice Chin Saw) [CRD: 2633118, Wilmington, Delaware], based on public information through FINRA. BrokerCheck identifies Wilmington, Delaware, as the location of Coastal Equities Inc., where Saw worked from November 21, 2022, to August 1, 2023; she also worked for […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com