Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Juan Colon Perea (Colon Perea), currently associated with Popular Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Colon Perea 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 $200,000.00 on May 27, 2020.
Customer contacted the Financial Consultant (“FC”) on January 15, 2020 to place a sell order of the X2 Alternative Dividend Alpha FD A. However, the FC did not place the order until April 30, 2020. Consequently, customer claimed that this action adversely impacted its financial results and represented a material loss of approximately $200,000.00.