PEDRO M SUAU-SANCHIDRIAN 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 M SUAU-SANCHIDRIAN has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since June 26, 2009
Disclosure History
PEDRO M SUAU-SANCHIDRIAN has 2 Disclosure Event(s).
Date: January 04, 2017 Category: Customer Dispute Allegations: The Customers allege unsuitable investment recommendations and misrepresentation and omission of material facts. Damage Amount Requested: $1,341,618.00 Broker Comment: I STRONGLY DENY ALL ALLEGATIONS AND WILL SEEK ALL REMEDIES AFFORDED TO ME TO ESTABLISH THAT THE ALLEGATIONS ARE ENTIRELY LACKING IN MERIT.
Date: July 17, 2007 Category: Customer Dispute Allegations: CLIENT CLAIMS THAT SEVERAL SELL TRANSACTIONS GENERATED LOSSES IN HIS ACCOUNT. HE ALLEGES THAT THESE LOSSES COULD HAVE BEEN AVOIDED IF OTHER INVESTMENTS WERE SOLD. HE CLAIMS THAT HE WAS UNAWARE OF THE LOSSES AND HE DEMANDS AN EXPLANATION. THE FINANCIAL CONSULTANT CLAIMS THAT THE CLIENT WAS AWARE AT ALL TIMES OF THE INVESTMENT DECISIONS MADE, THEY ALLEGE THAT THE CLIENT HAD NET GAINS IN HIS ACCOUNT. Damage Amount Requested: $23,829.11 Broker Comment: ON SEPTEMBER 5, 2007 FIRM SENT A WRITTEN RESPONSE TO CLIENT DENYING THE ALLEGATIONS AT COMPLAINT. COMPLAINT HAD BEEN CLOSED BY THE FIRM.
More Information
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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.
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