LUIS CURRAIS LOPEZ is currently employed as a Broker and/or Investment Adviser at HERBERT J. SIMS & CO. INC. located at CITY VIEW PLAZA 1, Road 165 km1.2 #48 Suite 215, Guaynabo, PR, 00968.
LUIS CURRAIS LOPEZ has worked at HERBERT J. SIMS & CO. INC. since March 18, 2016
Disclosure History
LUIS CURRAIS LOPEZ has 4 Disclosure Event(s).
Date: January 16, 2018 Category: Customer Dispute Allegations: Client alleges, among other things, overconcentration, unsuitability, breach of fiduciary duty, breach of contract, contractual negligence, fraud, constructive fraud, failure to supervise, and violations of securities laws and rules (Puerto Rico bond funds). Includes request for interest, costs and fees. Damage Amount Requested: $130,000.00
Date: November 20, 2017 Category: Customer Dispute Allegations: Client alleges, among other things, overconcentration, unsuitability, breach of fiduciary duty, breach of contract, contractual negligence, fraud, constructive fraud, failure to supervise, and violations of securities laws and rules (Puerto Rico bond funds). Includes request for interest, costs and fees Damage Amount Requested: $1,100,000.00
Date: November 13, 2017 Category: Customer Dispute Allegations: Client alleges, among other things, unsuitability, overconcentration, violations of securities laws and rules, fraud, breach of fiduciary duty, breach of good faith and fair dealings, negligence, failure to supervise, breach of contract, and gross and wanton negligence (Puerto Rico bonds, and closed-end funds). Includes request for punitive damages, interest, fees, disgorgement of commission and rescission. Damage Amount Requested: $8,162,087.22
Date: September 01, 2016 Category: Customer Dispute Allegations: Client alleges over-concentration, unsuitability, breach of fiduciary duty, and failure to supervise (Puerto Rico municipal bonds). Settlement Amount: $3,350,000.00 Broker Comment: As of May 14, 2018, the firm has settled this case for 3,350,000 . The representative was not asked to contribute to the settlement.
More Information
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