OMAR LOZANO is currently employed as a Broker and/or Investment Adviser at BBVA SECURITIES INC. located at 2200 POST OAK BOULEVARD, HOUSTON, TX, 77056.
OMAR LOZANO has worked at BBVA SECURITIES INC. since May 16, 2013
Disclosure History
OMAR LOZANO has 2 Disclosure Event(s).
Date: October 09, 2015 Category: Customer Dispute Allegations: Customers purchased four variable annuity contracts in July, 2015. Customers claim they were misled as to the type of investment purchased. Damage Amount Requested: $23,000.00 Settlement Amount: $44,676.57 Broker Comment: Representative was specifically mentioned in written customer complaint; however, representative was not the representative of record on the transactions at issue and was present only in an initial joint meeting with the clients.
Date: June 30, 2014 Category: Customer Dispute Allegations: CUSTOMER RENEWED THIS COMPLAINT THROUGH A LETTER SENT TO THE ISSUING INSURANCE COMPANY. CUSTOMER PURCHASED FIXED ANNUITY CONTRACT IN FEBRUARY, 2014. IN RESPONSE TO A CUSTOMER SERVICE SURVEY CONDUCTED AT THE REQUEST OF THE ISSUING INSURANCE COMPANY, CUSTOMER ALLEGED THAT SHE WAS GIVEN INCOMPLETE INFORMATION REGARDING THE FREQUENCY OF ASSESSMENT OF RIDER FEES ASSOCIATED WITH HER CONTRACT. ISSUING INSURANCE COMPANY SHARED THE CUSTOMER'S ALLEGATIONS AND CONCERNS WITH THE FIRM. THE FIRM CONTACTED THE CUSTOMER TO FOLLOW UP AND INVESTIGATE HER COMPLAINT, THE CUSTOMER SOUGHT TO RESCIND HER COMPLAINT, PROVIDED A WRITTEN STATEMENT TO THAT EFFECT WHICH SPECIFICALLY STATED THAT SHE HAD NO COMPLAINT REGARDING THE REPRESENTATIVE'S SALES PRACTICES IN CONNCETION WITH THIS TRANSACTION. IN CONTACTING THE INSURANCE COMPANY, THE CUSTOMER RENEWED HER INITIAL COMPLAINT AND RAISED ADDITIONAL ALLEGATIONS OF FAILURE TO FOLLOW INSTRUCTIONS AND LACK OF SUITABILITY. Damage Amount Requested: $5,000.00
More Information
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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
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