Last Updated: December 2023 (The Woodlands, Texas)
Emilio Guajardo Investigation Summary
Here’s what you need to know about The Woodlands, TX, stockbroker Emilio Guajardo:
- Name: Mr. Emilio Guajardo, Jr.
- Current Employer: Merrill Lynch Pierce Fenner & Smith
- Previous Firms: BB&T Securities, Wells Fargo Advisors, BBVA Compass Investment Solutions
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Emilio Guajardo
- Primary Location: The Woodlands, Texas
- CRD 4871764
- Can Emilio Guajardo be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Discloses filing of bankruptcy: Yes
- Highest Settlement or Award: $607,856
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Emilio Guajardo As Your Stockbroker?
Three customers of BB&T Securities settled claims alleging that Emilio Guajardo made unsuitable recommendations to invest in Unit Investment Trusts (UITs). Settlements amounts were $267,979, $110,000, and $697,856.
In 4/2023 Emilio Guajardo was discharged from Chapter 13 bankruptcy in Federal Court, Southern District of Texas. According to a statement made by Guajardo on his FINRA record, the bankruptcy filing relates to the sign on bonus he received from Wells Fargo.
Allegations of Broker Misconduct Against Emilio Guajardo
Customers of Emilio Guajardo have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in Unit Investment Trust (UIT)
- Unauthorized Trading
- Misrepresentation
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
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
If you have suffered investment losses in an account handled by Emilio Guajardo, 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.
