Last Updated: December 2023 (Miami, Florida)
Angelita Fuentes Investigation Summary
Here’s what you need to know about Miami, FL, stockbroker Angelita Fuentes:
- Name: Angelita Del Rosario Fuentes
- Current Employer: Investment Placement Group, IPG Investment Advisors (RIA)
- Previous Firms: Suntrust Investment Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Angelita Fuentes
- Primary Location: Miami, FL
- CRD 5609340
- Can Angelita Fuentes be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $293,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Angelita Fuentes As Your Stockbroker?
Two customers of Suntrust Investment Services & Angelita Fuentes brought claims alleging that the recommendation to invest in GIC was unsuitable. One customer was paid $293,000 and the other was paid $198,500 to settle their claims.
Allegations of Broker Misconduct Against Angelita Fuentes
Customers of Angelita Fuentes have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in GIC
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer. FINRA Rule 2111- suitability
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Angelita Fuentes, 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.
