INVESTOR WARNING! Complaints Filed Against BBVA Securities Brokers Samuel Doria, Whitney Streck, Roberto Clynes

BBVA Securities Inc. (CRD#: 27060, New York, New York) is a brokerage firm regulated by the Financial Industry Regulatory Authority (“FINRA”). Since establishment, BBVA Securities Inc. reports eight instances in which securities regulators or the firm’s customers have alleged the firm committed regulatory infractions or sales practice violations. Additionally, BBVA Securities Inc. has reported instances involving customers’ pending or settled disputes against the firm or its brokers. For example, take a look at brokers Samuel Doria, Whitney Streck and Roberto Clynes:

November 22, 2017 Complaint Alleging Samuel Doria Made Bad Mutual Fund Recommendations

 
Samuel Doria (CRD#: 6273254, Boerne, Texas) is a prior securities broker of BBVA Securities Inc. The FINRA BrokerCheck Report for Samuel Doria shows that a customer of the firm disputed his sales practices. Particularly, the customer filed a complaint with the firm on November 22, 2017 alleging unsuitability. Allegedly, Samuel Doria made bad recommendations regarding the customer’s purchase of mutual funds in October 2017. Apparently, the customer bought the mutual funds because of Samuel Doria’s poor advice and then incurred losses. Because of this, on March 7, 2018, the firm opted to settle the customer’s unsuitability claim by paying the customer $20,290.23. Evidently, Samuel Doria has been employed with BBVA Securities since June 16, 2017. Formerly, he was a securities representative for BB&T Investment Services, Inc.

September 21, 2016 Complaint Alleging Whitney Streck’s Misrepresentation Of UITs

 
Whitney Marie Streck (CRD#: 5640036, Kingwood, Texas) is a former registered representative of BBVA Securities Inc. The firm disclosed on Whitney Streck’s FINRA BrokerCheck Report that a BBVA Securities Inc. customer contested Whitney Streck’s sales practices. Apparently, in a complaint dated September 1, 2016, the customer alleged Whitney Streck’s misrepresentation of unit investment trust (“UIT”) risks. Supposedly, the customer bought UIT shares in July 2014. Allegedly, Whitney Streck told the customer that the customer’s principal was guaranteed to be repaid to the customer at the maturity of the UIT. Evidently, the customer incurred losses, prompting the complaint. Because of this, BBVA Securities Inc. agreed to provide the customer $22,359.66 in compensation. Accordingly, this case settled October 5, 2016. After the firm disaffiliated with Whitney Streck on May 31, 2016, Whitney Streck worked at LPL Financial, and then became employed at Ameriprise Financial Services Inc. (Destin, Florida).

March 18, 2016 Complaint Regarding Roberto Clynes’ Failure To Follow Customer’s Investment Instructions

Roberto Estuardo Clynes (CRD#: 5089626, Miami, Florida), also known as Bobby Clynes, used to be a general securities representative of BBVA Securities. Apparently, a customer of the firm filed an investment dispute about Roberto Clynes on March 18, 2016. Allegedly, Roberto Clynes failed to follow the customer’s instructions about liquidating a fixed income security. Supposedly, by failing to act on the customer’s request, the customer incurred losses and has since demanded compensation. As a result, BBVA Securities Inc. paid the customer $40,000.00 to settle the matter. Accordingly, this case closed October 4, 2016. Evidently, Roberto Clynes worked at BBVA Investments Inc. from 2006 to 2009; BBVA Compass Investment Solutions Inc. from 2009 to 2013; and BBVA Securities Inc. from May 16, 2013 to July 18, 2016.

If you have incurred losses by investing with BBVA Securities brokers Samuel Doria, Whitney Streck and Roberto Clynes, contact Soreide Law Group at (888) 760-6552 and speak with experienced counsel about a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advance all costs. The firm has recovered millions of dollars for investors who have suffered losses due to misconduct of brokers and brokerage firms.