Category Archives: HSBC Securities

Maria Fan-Former Wilmington Capital Broker-Discloses Customer Dispute

New York

According to FINRA records,  Maria Fan  a stockbroker who most recently worked for Wilmington Capital Securities, but is not currently registered with any firm,   discloses  a currently pending customer dispute and 2 prior customer disputes that are final.

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.

In the currently pending matter, a customer while Maria Fan was employed by Aegis Capital Corp. alleges damages of $80,000 as a result of transactions that were executed in her account without her knowledge or consent.

Maria Fan’s prior employment includes Aegis Capital, HSBC Securities, Merrill Lynch and Caldwell International Securities.

If you have questions about an account handled  Maria Fan, call for a no charge consultation.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

HSBC Securities Broker Barred From Securities Industry by Regulator

August 6, 2015- Thousand Oaks, CA

Gehrin Michael Ortiz , entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that he failed to disclose material information to FINRA on his Form U4.

AWC No.2013036666401

Ortiz was barred from the securities industry.

According to FINRA records, Ortiz  was registered with HSBC Securities   from 11/2012-4/2014. He was terminated by HSBC Securities  4/2014 after FINRA notified the firm that Ortiz had been suspended for failing to comply with an arbitration award.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

HSBC Securities Ordered to Pay $3.2 Million in FINRA Arbitration

January 12, 2015- Miami, Florida

A FINRA arbitration panel in Miami, Florida , ordered HSBC Securities (USA), Inc. and broker Mark Richard Corbet Yale  to pay a customer, Blue Bank International,  $3,250,000 in compensatory damages for losses on Junior Notes offered by H.E.A.T. Mezzanini I-2006, a collateralized debt obligation.  Blue Bank International N.V. v HSBC Securities, et al , FINRA Case # 12-2582.

If you have questions about losses in your brokerage account, call to speak with an experienced securities attorney.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870