DID FELIPE NERY ARRIETA CAUSE YOU INVESTMENT LOSSES?
Felipe Arrieta of Vestech Securities, Inc. And Formerly With Great Point Capital LLC, Moloney Securities Co., Inc. and San Blas Securities LLC Has 6 Customer Complaints For Alleged Broker Misconduct
About Felipe Arrieta of Vestech Securities, Inc.?
Felipe Arrieta (CRD #4142123) has a concerning record marred by frequent transitions and allegations of professional misconduct. Registered currently with Vestech Securities, Inc. (CRD# 41409) in St. Louis, MO since January 2024, Arrieta has a history of moving between firms, with tenures at Great Point Capital LLC, Moloney Securities Co., Inc., and several others, reflecting a somewhat unstable career path. His experience includes only three general industry/product exams and two state securities law exams, notably lacking in any principal/supervisory exams, which might suggest a limitation in his qualifications. Despite being registered in one U.S. state, his spotty history includes associations with numerous brokerage firms, which raises red flags about his reliability and stability in the securities industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Felipe Arrieta Customer Complaints and Reviews
Felipe Nery Arrieta’s professional conduct has led to several customer disputes:
- Total Disputes: 6 customer disputes, with 2 settled, 4 pending.
- Settled Dispute 1: Allegations at Revere Securities LLC included breach of fiduciary duty, unauthorized trading, and misuse of margin leading to losses claimed at $210,000, settled for $90,000 on 11/29/2018.
- Settled Dispute 2: At Newbridge Securities Corporation, he was accused of unsuitability, unauthorized trading, and breach of fiduciary duty with claimed damages of $750,000, settled for $60,000 on 05/17/2007.
These incidents underscore a pattern of serious allegations that question his adherence to ethical standards and duty of care expected in financial advisement.
Allegations Against Felipe Arrieta
The allegations against Felipe Nery Arrieta, leading to customer disputes and regulatory scrutiny, primarily focus on:
- Breach of fiduciary duty
- Unauthorized trading
- Misuse of margin
- Negligence
- Unsuitability of investments
- Overconcentration and excessive risk
- Inadequate due diligence
- Excessive commissions
These accusations reflect poorly on his professional integrity and capability, presenting a high-risk profile to potential investors and collaborators in the financial services industry.
Felipe Arrieta Red Flags & Your Rights As An Investor
Of course, Felipe Arrieta 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 Felipe Arrieta at Vestech Securities, Inc., Great Point Capital LLC, Moloney Securities Co., Inc. and San Blas Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Felipe Arrietahas engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Vestech Securities, Inc., Great Point Capital LLC, Moloney Securities Co., Inc. and San Blas Securities LLC also raises questions about the brokerage firms’ 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 Vestech Securities, Inc. Due To Felipe Arrieta
If you have questions about Vestech Securities, Inc., Great Point Capital LLC, Moloney Securities Co., Inc., San Blas Securities LLC and/or Felipe Arrieta 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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