PEDRO PABLO GOMEZ is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 15 2ND ST / 15 CALLE 2, GUAYNABO, PR, 00968.
PEDRO PABLO GOMEZ has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since June 26, 2008
Disclosure History
PEDRO PABLO GOMEZ has 16 Disclosure Event(s).
Date: November 02, 2015 Category: Customer Dispute Allegations: The Customer alleges unsuitable investment recommendations and misrepresentation and omission of material facts from 2008 to 2015. Settlement Amount: $210,000.00
Date: July 23, 2015 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNSUITABLE INVESTMENT RECOMMENDATIONS AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM 2009 TO 2015. Damage Amount Requested: $1,644,000.00 Settlement Amount: $330,000.00
Date: September 17, 2014 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE UNSUITABLE INVESTMENT RECOMMENDATIONS, UNAUTHORIZED TRADING AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM FEBRUARY 2010 TO APRIL 2014. Damage Amount Requested: $1,300,063.00
Date: June 25, 2014 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNSUITABLE INVESTMENT RECOMMENDATIONS AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS. Damage Amount Requested: $180,000.00 Settlement Amount: $77,500.00
Date: June 20, 2014 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE UNSUITABLE INVESTMENT RECOMMENDATIONS, UNAUTHORIZED TRADING AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM SEPTEMBER 2009 TO DECEMBER 2013. Damage Amount Requested: $4,940,000.00 Settlement Amount: $363,000.00
Date: June 12, 2014 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNSUITABLE INVESTMENT RECOMMENDATIONS, MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM 2012 TO 2013 Settlement Amount: $317,000.00
Date: November 29, 2013 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNSUITABLE INVESTMENT RECOMMENDATIONS AND MISREPRESENTATION FROM MAY 2011 TO NOVEMBER 2013.
Date: November 01, 2013 Category: Customer Dispute Allegations: THE CUSTOMERS ALLEGE UNSUITABLE INVESTMENT RECOMMENDATIONS, FAILURE TO FOLLOW INSTRUCTIONS AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM NOVEMBER 2011 TO AUGUST 2013. ACTIVITY PERIOD: 11/30/2011 - 08/31/2013 Settlement Amount: $232,232.00
Date: October 21, 2013 Category: Customer Dispute Allegations: THE CUSTOMER ALLEGES UNAUTHORIZED USE OF MARGIN, UNSUITABLE INVESTMENT RECOMMENDATIONS, EXCESSIVE TRADING, FAILURE TO FOLLOW INSTRUCTIONS AND MISREPRESENTATION AND OMISSION OF MATERIAL FACTS FROM JANUARY 2011 TO SEPTEMBER 2013. Damage Amount Requested: $1,552,645.63 Settlement Amount: $836,997.00 13-02895
Date: September 26, 2012 Category: Customer Dispute Allegations: CUSTOMERS ALLEGE THAT INVESTMENT RECOMMENDATIONS RESULTED IN UNSUITABLE TRANSACTIONS DUE TO THEIR PROFILE AND RESULTING LEVEL OF CONCENTRATION. Damage Amount Requested: $800,000.00 Settlement Amount: $101,575.00
Date: August 24, 2011 Category: Customer Dispute Allegations: CUSTOMERS ALLEDGED THAT CERTAIN INVESTMENTS IN STRUCTURED PRODUCTS WERE UNSUITABLE IN LIGHT OF THEIRINVESTMENT OBJECTIVES AND RISK TOLERANCE AND RESULTED IN OVERCONCENTRATION OF THEIR ACCOUNTS.CUSTOMER ALSO ALLEGES THAT SOME TRANSACTIONS WERE NOT AUTHORIZED BY THEM. Damage Amount Requested: $1,575,000.00 Settlement Amount: $199,000.00 Broker Comment: SANTANDER SECURITIES OFFERED CUSTOMERS A PAYMENT OF $80,000 IN AN ATTEMPT TO SETTLE THE CUSTOMERS' COMPLAINT EARLY TO AVOID THE EXPENSES AND COSTS OF LITIGATION FOR BOTH PARTIES. CUSTOMERS DECLINED THE OFFER AND THE COMPLAINT EVOLVED INTO AN ARBITRATION. PARTIES SETTLED FOR THE AMOUNT OF $199,000.00
Date: February 13, 2009 Category: Customer Dispute Allegations: CUSTOMERS ALLEGED STRUCTURED PRODUCT UNAUTHORIZED THRADING AND UNSUITABILITY IN LIGHT OF THEIR INVESTMENT OBJECTIVES AND RISK TOLERANCE. Damage Amount Requested: $545,000.00 Settlement Amount: $200,000.00
Date: November 06, 2008 Category: Customer Dispute Allegations: AN INTERNAL REVIEW REFLECTED A CONCENTRATION AND APPARENT UNSUITABILITY. Damage Amount Requested: $300,000.00 Settlement Amount: $300,000.00
Date: September 24, 2008 Category: Customer Dispute Allegations: CUSTOMER ALLEGED THAT STRUCTURED PRODUCT WAS UNSUITABLE IN LIGHT OF THEIR INVESTMENT OBJECTIVE AND RISK TOLERANCE. Damage Amount Requested: $194,037.50 Settlement Amount: $150,000.00
Date: February 20, 2003 Category: Customer Dispute Allegations: AS OF JUNE 2002, CUSTOMER CLAIMS UNSUITABLE MUTUAL FUND PURCHASES. POOR ACCOUNT PERFORMANCE. Damage Amount Requested: $1,358,169.44 Settlement Amount: $450,000.00 Broker Comment: BROKER DENIES CHARGES. BROKER CLAIMS THE TRANSACTIONS WERE SUITABLE AND CUSTOMER WAS AWARE OF THE TRADES. CLIENT HELD MUTUAL FUNDS FOR 2 YEARS AND WHEN MV STARTED TO DECLINE, CLIENT CLAIMS NOT SUITABLE
More Information
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