DID RUBEN C FERNANDEZ CAUSE YOU INVESTMENT LOSSES?
Ruben Fernandez Of Stonecrest Capital Markets, Inc. And Formerly With Herbert J. Sims & Co., Inc. Has 21 Customer Complaints For Alleged Broker Misconduct
Who is Ruben Fernandez of Stonecrest Capital Markets, Inc.?
Ruben Fernandez (CRD #1439847) who is currently registered as a broker with Stonecrest Capital Markets, Inc. and located in San Juan, Puerto Rico, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Stonecrest Capital Markets, Inc., Ruben Fernandez was associated with Herbert J. Sims & Co., Inc. and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Ruben Fernandez Customer Complaints
Ruben Fernandez has been the subject of 21 customer complaints that we know about seeking to recover investment losses. Nineteen customer complaints were settled by Oriental Financial Services Corp. in favor of the investors. Another customer complaint was denied by PaineWebber and the investor took no further action is currently one customer complaint pending with Herbert J. Sims and Co. for Ruben Fernandez’s alleged misconduct.
Allegations Against Susan Duke
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Misrepresentation of Puerto Rico bond investments.
- Unsuitable recommendation to purchase a zero-coupon bond.
- Unsuitable investments in Puerto Rico housing Bonds.
- Unsuitable a Ginnie Mae investment.
- Misrepresentations and unauthorized trading involving zero-coupon bonds and Puerto Rico Bonds.
- Failure to follow customers instructions.
- Unauthorized and unsuitable investments.
- Unsuitable recommendation of the investment in a Puerto Rico mutual fund. Misrepresentations and omissions, breach of fiduciary duty, breach of contract, unsuitable investment recommendations, fraud, constructive fraud, negligence and gross negligence, violation of federal and Puerto Rico securities laws.
- Misrepresentations and omissions, breach of fiduciary duty, breach of contract, unsuitable investment recommendations, failure to diversify, failure to supervise, fraud, constructive fraud, negligence and gross negligence, violation of FINRA rules, violation of federal securities laws, in violation of Puerto Rico uniform securities act.
Ruben Fernandez Red Flags & Your Rights As An Investor
Of course, Ruben Fernandez 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 Ruben Fernandez at Stonecrest Capital Markets, Inc. and Herbert J. Sims & Co., Inc. on alert to review carefully the activity and performance of their accounts and question whether Ruben Fernandez has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Stonecrest Capital Markets, Inc. and Herbert J. Sims & Co., Inc. 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 Stonecrest Capital Markets, Inc. Due To Ruben Fernandez
If you have questions about Stonecrest Capital Markets, Inc., Herbert J. Sims & Co., Inc. and/or Ruben Fernandez 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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