DID VICTOR ESCOBEDO CAUSE YOU INVESTMENT LOSSES?
About Victor Escobedo of Citigroup Global Markets Inc.?
Victor Escobedo (CRD #6696472) ) is a financial advisor currently registered with Citigroup Global Markets Inc., with registrations dating back to 2016 at the North Hollywood location and 2020 at the North Hills location. He holds the CRD number 6696472. Throughout his career, he has been affiliated with numerous Self-Regulatory Organizations (23 SROs) and is licensed in 19 U.S. states and territories. His qualifications include passing 3 General Industry/Product exams (Series 7, SIE, Series 6) and 2 Multi-State Securities Law exams (Series 66, Series 63). Notably, he has not passed any Principal/Supervisory exams. His long-standing commitment is evident as he has been employed by Citibank since March 2010, serving as a personal banker in North Valley Village, CA.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Victor Escobedo Customer Complaints and Reviews
Victor Escobedo has been involved in a customer dispute, which is currently pending arbitration. The details of the dispute are as follows:
- Date Filed: May 2, 2024
- Allegations: The claimant alleges that Victor Escobedo, along with another advisor, failed to timely notify him about the expiration of his certificates of deposit, resulting in a financial loss. The claimant seeks $4,600 in damages, which includes alleged lost interest and FINRA filing fees.
- Status: Arbitration is ongoing with FINRA, under docket number 24-00831.
Allegations Against Victor Escobedo
The following allegations have been made against Victor Escobedo in the context of the described customer dispute:
- Nature of Allegation: Negligence in managing client communications and financial transactions.
- Specifics of the Case: The client claims a lack of timely communication regarding the renewal of certificates of deposit by Victor Escobedo and another financial advisor, leading to an alleged financial loss.
- Claimed Damages: $4,600, attributed to the loss of potential interest income and associated administrative costs.
- Current Status: The matter is currently under arbitration by FINRA, and no final judgment or resolution has been reached as of the latest update in June 2024.
Victor Escobedo Red Flags & Your Rights As An Investor
Of course, Victor Escobedo 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 Victor Escobedo at Citigroup Global Markets Inc. on alert to review carefully the activity and performance of their accounts and question whether Victor Escobedo has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Citigroup Global Markets Inc. 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 Citigroup Global Markets Inc. Due To Victor Escobedo
If you have questions about Citigroup Global Markets Inc. and/or Victor Escobedo 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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