Last Updated: June 2024 (Melrose Park, IL)
Alfonso Anguiano Investigation Summary
Here’s what you need to know about Melrose Park, IL stockbroker Alfonso Anguiano:
- Name: Alfonso Anguiano
- Current Employer: LPL Financial LLC
- Prior Employers: Essex National Securities
- DBA: Old National Investments
- Function: Stockbroker / Financial Advisor
- Primary Location: Melrose Park, IL
- CRD Number: 6244015
- Can Alfonso Anguiano be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Customer Made Complaint that was Denied by Company: Yes
If you’ve sustained damages from Mr. Anguiano, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Alfonso Anguiano As Your Stockbroker?
Customer Dispute: A customer filed a written complaint on May 3, 2024, alleging that Anguiano failed to disclose the illiquid nature of a REIT investment purchased in March 2014. The alleged damages were over $5,000. The complaint was denied by LPL Financial on May 24, 2024.
See below for our advice if you have made a complaint for damages that was “denied” by the company.
[LEARN MORE]: See this for more information on REITs and Other Alternative Investments
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
Has Your Brokerage Firm “Denied” Your Claim for Damages Due to Stockbroker Malpractice?
It is quite common (and predictable as well) for brokerage firms to deny a customer’s complaint made directly to the company. Firms know that in many, if not most, instances telling the customer “we don’t think it’s our fault” will be the end to the problem.
Firms seldom, if ever, offer adequate resolution when a customer deals directly with the brokerage firm. In the unlikely event the firm does actually agree to discuss settlement , the firm will generally attempt to have you settle your case for a fraction of what it is worth.
If you think there is a problem with the way your account has been handled, or if you have had your claim “denied”, talk to an experienced securities attorney to learn your rights and to learn what the true value of your claim may be.
We do not charge to evaluate a case.
Brokers and their firms have a duty to comply with FINRA rules, including the suitability rule (FINRA Rule 2111) and the obligation to observe high standards of commercial honor and just and equitable principles of trade (FINRA Rule 2010). Allegations such as failing to disclose investment risks and misrepresentation suggest potential violations of these obligations.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Alfonso Anguiano, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
