April 2017-Tucson, AZ
The FINRA records of Francisco B. Almada , a broker with Union Capital Company disclose a pending customer dispute and a prior final customer dispute .
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 currently pending FINRA Case 16-02790 a customer of Union Capital Company seeks damages of $500,000 and alleges failure to supervise.
In a prior matter , FINRA Case 11-03967, a customer of Union Capital Company alleged damages of $168,000 for unsuitable investments, breach of fiduciary duty and failure to supervise. The case was settled by Mr. Almada for $38,500.
Almada has been registered with Union Capital Company since 8/2001 and discloses a business affiliation with ACC Agency . Almada was also registered with Northeast Securities from 7/2015-9/2016.
If you have questions about an account handled by Francisco B. Almada , contact us to discuss to discuss your options.
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.
Florida-561 391 1900