Morgan Stanley's Tom Puentes Allegedly Sold Unsuitable Bonds Soreide Law Group is investigating potential investor claims of bad securities sales practices by broker Tom Abel Puentes [CRD#: 1713812, Langley, Washington]. Notably, FINRA BrokerCheck shows that 30 or more investors took issue with the securities broker, who associated with Morgan Stanley and Kestra Investment Services and […]

Morgan Stanley Clients Suggest Broker Angel Aquino-Velez Sold Unsuitable Puerto Rico Bonds The investor disputes continue to add up for securities broker Angel Edgardo Aquino-Velez (CRD#: 2687333, Miami, Florida). Namely, FINRA BrokerCheck shows that the securities broker, who worked for Morgan Stanley from 2010 to 2017, seemingly caused losses to 26 or more investors from […]

Investors File Suitability Disputes About Carlos Abella Soreide Law Group is investigating potential investor claims of bad securities sales practices by broker Carlos Abella [CRD#: 3207913, Guaynabo, Puerto Rico]. Evidently, Financial Industry Regulatory Authority (“FINRA”) BrokerCheck reports no less than 23 clients who contested the securities recommendations or sales of the securities broker, who joined […]

UBS AG, a Swiss global financial services company that is headquartered in Basel and Zürich, Switzerland, is being sued by a number of their older investors claiming they were put into mutual funds that were invested heavily in Puerto Rico bonds. According to a May 6th., 2014 article in Reuters, this risky investment cost these […]

Soreide Law Group, based in Ft. Lauderdale, Florida, is currently investigating Oriental Financial Services Corp., which operates as a subsidiary of Oriental Financial Group Inc., on behalf of clients who have suffered losses in the risky Puerto Rican municipal bond funds. Oriental Financial is headquartered in San Juan, Puerto Rico. They offer financial services in […]

The struggling Puerto Rican municipal bond market is forcing the Financial Industry Regulatory Authority Inc. (FINRA) to hire more arbitrators in Puerto Rico, after they were swamped with over 200 investor lawsuits. After Detroit filed bankruptcy last summer, Puerto Rico's municipal bond market has been struggling. Investors are afraid of Puerto Rico's municipal debt of […]

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Soreide Law Group has been contacted by several Miami investors at FMS (First Miami Securities, Inc.) who were allegedly recommended to sell investment grade bonds with shorter-duration to purchase longer-duration lower-rated Puerto Rican bonds. Puerto Rican bond investors have suffered substantial losses due to the high risk of default by the bond issuers. Bond investors […]