OMAR FERNANDO CUJAR

OMAR FERNANDO CUJAR is currently employed as a Broker and/or Investment Adviser at LPL FINANCIAL LLC located at 3837 NW BOCA RATON BLVD, SUITE 100, BOCA RATON, FL, 33431.

OMAR FERNANDO CUJAR has worked at LPL FINANCIAL LLC since November 22, 2011

Disclosure History

OMAR FERNANDO CUJAR has 2 Disclosure Event(s).

Date: October 17, 2011
Category: Employment Separation After Allegations
Firm Name: MERRILL LYNCH, PIERCE, FENNER & SMITH
Termination Type: Discharged
Allegations: ACCEPTING INDIVIDUAL PRODUCTION CREDITS FROM TEAM PRODUCTION, PER AGREEMENT WITH PARTNER, RESULTING IN AN OTHERWISE INELIGIBLE BONUS PAYMENT.
Broker Comment: THE BONUS PAYMENT AT ISSUE WAS PROPER, APPROVED BY MY FORMER PARTNER, AND APPROVED BY SEVERAL LEVELS OF MERRILL LYNCH MANAGEMENT.

Date: September 17, 2008
Category: Customer Dispute
Allegations: FLORIDA RESIDENT WRITES THAT FA MISREPRESENTED THE RISK LEVEL OF FNMA PREFERRED, PURCHASED 5/13/08 FOR $25,000. TODAY THE VALUE IS $2,000. CLIENT SEEKS LOSSES OF $23,000.
Damage Amount Requested: $23,000.00
Broker Comment: CLAIM DENIED. INVESTMENT WAS CONSISTENT WITH CLIENT'S INVESTMENT OBJECTIVES FOR INCOME, AND WAS LESS THAN 1% OF HER STATED NET WORTH OF $2.6 MILLION. LOSSES WERE CAUSED BY MARKET FORCES BEYOND THE FA'S CONTROL.

More Information

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