DID MARCELO STEVE CHALOM CAUSE YOU INVESTMENT LOSSES?
Marcelo Chalom Of Safra Securities LLC Has A Customer Complaint For Alleged Broker Misconduct
About Marcelo Chalom of Safra Securities LLC?
Marcelo Chalom (CRD #5363260) has a career that could be seen as concerning for potential clients, characterized by a significant customer dispute. He has been registered with Safra Securities LLC in New York since February 2009, having passed two general industry/product exams but no principal/supervisory or state securities law exams. This lack of broader certification and the presence of a dispute involving a substantial amount of alleged damages may suggest potential risks associated with his advisory services.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Marcelo Chalom Customer Complaint and Reviews
- Customer Dispute (Closed-No Action/Withdrawn/Dismissed/Denied)
- Date Complaint Received: January 25, 2023
- Allegations: The client alleged being misled about the features of two structured notes, which if known earlier, would have led them to sell the notes.
- Alleged Damages: $400,000
- Outcome: The complaint was withdrawn on February 7, 2023, after the firm prepared to deny the claim, stating that term sheets were provided, and the features of the notes were disclosed clearly online.
Allegations Against Marcelo Chalom
- Marcelo S. Chalom was accused of misleading a client regarding the characteristics of structured notes, leading to a significant financial dispute. The client later withdrew the complaint, and the firm’s investigation supported Chalom’s position that all necessary information had been disclosed appropriately. Despite the closure of this dispute without action, the initial accusation highlights potential concerns over communication in his client interactions.
Marcelo Chalom Red Flags & Your Rights As An Investor
Of course, Marcelo Chalom did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Marcelo Chalom at Safra Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Marcelo Chalom has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Safra Securities LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Safra Securities LLC Due To Marcelo Chalom
If you have questions about Safra Securities LLC and/or Marcelo Chalom and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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