Silver Law Group announces FINRA Arbitration filing against former Morgan Stanley Broker Angel E. Aquino-Velez
Silver Law Group is investigating claims against Miami-based stockbroker Angel E. Aquino-Velez. According to FINRA records, Mr. Aquino is no longer registered with Morgan Stanley. Aquino’s FINRA BrokerCheck record shows (11) total Customer Disputes with (3) of those disputes still pending resolution. The pending claims allege unsuitability and misrepresentation with respect to municipal bond investments primarily relating to Puerto Rico. The damages being sought in the 3 pending complaints total over $6.9 million.
Silver Law Group has filed on behalf of a customer a securities arbitration claim against Aquino and Morgan Stanley alleging the customer lost several million dollars in Puerto Rico municipal bonds because of Morgan Stanley’s negligence. The allegations against Morgan Stanley and Aquino include unsuitable investment recommendations, failure to diversify, and failure to supervise based on investments in Puerto Rico municipal bonds.
For aggrieved investors, brokers and brokerage firms are required to recommend suitable investments and abide by other securities rules. In some cases with Puerto Rican bonds, these brokers and brokerage firms have failed to make reasonable recommendations among other forms of misconduct.
Silver Law Group is representing former customers of brokerage firms in securities arbitration claims for losses in Puerto Rico municipal bonds alleging that the customers were misled about the risks of the bonds, overconcentration, breach of fiduciary duty, and excessive trading.
Our firm has handled many cases dealing with Puerto Rican municipal bonds. We have collectively recovered millions of dollars for aggrieved investors in those cases. Allows us to try and get your investment losses back due to broker and brokerage firm misconduct.
Silver Law Group handles securities and investment fraud cases on a contingency fee basis representing investors worldwide with their claims for losses due to stockbroker misconduct and investment fraud. Please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345 to speak to an attorney about your legal rights. We have lawyers fluent in English and Spanish.