Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker German Ramirezdearellano (Ramirezdearellano), currently associated with First Southern, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ramirezdearellano recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $1,000,000.00 on February 22, 2023.
Client alleges misrepresentations and omissions, failing to perform the proper due diligence, breach of fiduciary duty, breach of contract, failure to act in the “best interest” of the Claimant, failure to supervise, fraud, constructive fraud, negligence and gross negligence, violation of the FINRA rules, violation of the federal securities laws, and violation of the Puerto Rico Uniform Securities Act and Civil Code.