JAVIER CLAUDIO VARGAS

JAVIER CLAUDIO VARGAS is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 5051 WESTHEIMER 20&21 FLOORS, HOUSTON, TX, 77056.

JAVIER CLAUDIO VARGAS has worked at MORGAN STANLEY since May 25, 2012

Disclosure History

JAVIER CLAUDIO VARGAS has 1 Disclosure Event(s).

Date: August 19, 2013
Category: Customer Dispute
Allegations: CLAIMANTS ALLEGE MISMANAGEMENT OF RETIREMENT PORTFOLIO AND UNSUITABLE INVESTMENTS IN 2007-2008, AS WELL AS OPPORTUNITY LOSS FROM 2009-2012 BY LEAVING THE ACCOUNTS IN CASH RATHER THAN BEING INVESTED IN THE MARKETS. TIME FRAME. 2007-2008
Damage Amount Requested: $1,000,000.00
Settlement Amount: $350,000.00
Broker Comment: MR. VARGAS WAS NOT NAMED AS A PARTY IN THE ARBITRATION AND DID NOT CONTRIBUTE TO THE SETTLEMENT. MR. VARGAS STATES THAT HE WAS NOT CONSULTED REGARDING THE SETTLEMENT AND DENIES ALLEGATIONS THAT HE IS GUILTY OF ANY WRONGDOING.

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

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