Securities Lawyers Blog
The law offices of Gana Weinstein LLP are currently investigating claims that Broker Hector Villaescusa (Villaescusa) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Villaescusa was employed by Bulltick, LLC at the time of the activity. If you have been a victim of Villaescusa’s alleged misconduct our firm may be able to assist you in recovering funds.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $20,000,000.00 on March 20, 2025.
The allegations in this civil complaint were the subject of a prior U4 filing submitted on February 5, 2024 (filing ID 63634608), and amended on April 10, 2024 (filing ID 64281386), regarding a civil complaint originally filed in New York state court in January 2024. That prior, original complaint was recently dismissed for lack of personal jurisdiction. The civil complaint that is the subject of this U4 amended filing is a refiled complaint, but now in Florida state court. As was described to FINRA staff in the prior U4 filings, Plaintiffs are private investment vehicles associated with a family office of a high-net-worth family and allege that they lost money investing a private special vehicle that invested in convertible notes issued by Theia International group LLC (‘Theia’) a technology company. Plaintiffs invested a total of $20 million in January 2021. The complaint alleges that Theia, the representative and others made misrepresentations in connection with the investments and that Theia, along with the representative and others, misappropriated the plaintiff’s funds.