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
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
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
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.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for OMAR LOZANO, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More