Tag Archives: BBVA Securities problem

Daniel Cabrera-BBVA Securities-Discloses Settlement Over Annuity Sales

September 2016-Helotes, Texas

The FINRA records of  Daniel A. Cabrera,  a  stockbroker who is currently employed by  BBVA Securities  disclose a prior customer dispute that was settled.

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.

Cabrera discloses that in February 2016, a customer dispute was settled for $44,676. The customer alleged that they were misled as to the type of investment purchased in connection with the purchase of 4 variable annuity contracts in July 2015.

Cabrera has been employed by BBVA Securities since 5/2013. Prior to that he was employed by Compass Bank.

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

Texas State Securities Board Fines Stephen Scheurer-Bee Cave, TX

September 2016-Bee Cave, Texas

The FINRA records of  Stephen M. Scheurer,  a  stockbroker who was formerly employed by  Century Securities Associates  disclose a recent regulatory event with the Texas State Securities Board,  2 prior finalized customer disputes and 4 financial events.

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 September 2016, Scheurer was reprimanded by the Texas State Securities Board and fined $3,000 for failing to timely report four compromises with creditors on his Form U-4 while employed by Century Securities Associates.

Scheurer is currently employed by BBVA Securities.  He was employed by Century Securities Associates from 12/2003-7/2016.

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