RAQUEL GONZALEZ CHAVEZ is currently employed as a Broker and/or Investment Adviser at POPULAR SECURITIES, LLC located at 208 AVENUE PONCE DE LEON, POPULAR CENTER SUITE 1200, SAN JUAN, PR, 00918-1035.
RAQUEL GONZALEZ CHAVEZ has worked at POPULAR SECURITIES, LLC since December 08, 2007
Disclosure History
RAQUEL GONZALEZ CHAVEZ has 13 Disclosure Event(s).
Date: May 04, 2018 Category: Customer Dispute Allegations: Claimant alleges that Financial Consultant investment recommendations to purchase and to hold P.R. securities were unsuitable in light of the clients' risk tolerance. Claimants also allege that recommendations made by the Financial Consultant were particularly egregious in light of Puerto Rico's well known deteriorating financial condition. Damage Amount Requested: $5,000,000.00 Broker Comment: The Financial Consultant denies the allegations and intends to defend them vigorously.
Date: April 04, 2018 Category: Customer Dispute Allegations: Claimant alleges that Financial Consultant investment recommendations to purchase and to hold P.R. securities were unsuitable in light of the clients' risk tolerance. Claimants also allege that recommendations made by the Financial Consultant were particularly egregious in light of Puerto Rico's well known deteriorating financial condition. Damage Amount Requested: $1,000,000.00 Broker Comment: The Financial Consultant denies these allegations and intends to defend them vigorously.
Date: November 21, 2017 Category: Customer Dispute Allegations: Claimant alleges that Financial Consultant investment recommendations to purchase and to hold P.R. securities were unsuitable in light of the clients' risk tolerance. Claimants also allege that recommendations made by the Financial Consultant were particularly egregious in light of Puerto Rico's well known deteriorating financial condition. Damage Amount Requested: $175,000.00 Broker Comment: The Financial Consultant denies the allegations and intends to defend them vigorously.
Date: November 17, 2016 Category: Customer Dispute Allegations: Claimants allege that Financial Consultants' investment recommendations to purchase and to hold P.R. closed end funds and bonds resulted in an over concentrated and high risk portfolio, which were unsuitable positions in light of the clients' risk tolerance. Claimants also allege that recommendations made by the Financial Consultants were particularly egregious in light of Puerto Rico's well known deteriorating financial condition. Damage Amount Requested: $1,000,000.00 Broker Comment: THE FINANCIAL CONSULTANT DENIES THE ALLEGATIONS AND INTENDS TO DEFEND THEM VIGOROUSLY.
Date: January 24, 2006 Category: Customer Dispute Allegations: CLIENT ALLEGED HER INSTRUCTIONS RE HOW TO INVEST HER ACCOUNT WERE NOT FOLLOWED & SHE DID NOT AUTHORIZE USE OF MARGIN 08/2000-12/2005. Damage Amount Requested: $35,000.00 Broker Comment: CLAIM DENIED.
Date: December 06, 2004 Category: Customer Dispute Allegations: ALLEGES UNSUITABILITY, NEGLIGENCE, VIOLATION OF NASD RULES, VIOLATION OF IL STATE CONSUMER FRAUD AND DECEPTIVE BUSINIESS PRACTICES ACT, VIOLATION OF IL SECURITIES LAW OF 1953 AND BREACH OF FIDUCIARY DUTIES IN REGARD TO THE USE OF MARGIN FROM 1999 TO 2001. Damage Amount Requested: $124,243.00 Settlement Amount: $40,420.00 Broker Comment: THIS MATTER WAS SETTLED.
Date: January 16, 2004 Category: Customer Dispute Allegations: CLIENT ALLEGED INVESTMENTS WERE UNSUITABLE - 1997 THROUGH 2001. DAMAGES UNSPECIFIED. Broker Comment: THE CLAIM WAS DENIED.
Date: August 27, 2002 Category: Customer Dispute Allegations: ALLEGED UNAUTHORIZED AND EXCESSIVE TRADING, UNSUITABILITY, VIOLATIONS OF SECURITIES LAWS, BREACH OF CONTRACT, AND EXCESSIVE USE OF MARGIN LOANS BETWEEN 8/00-11/01. Damage Amount Requested: $435,565.71 Settlement Amount: $180,000.00 Broker Comment: THE BROKER WAS DISMISSED FROM THE CLAIM AS PART OF THE SETTLEMENT.
Date: June 29, 2001 Category: Customer Dispute Allegations: ALLEGES FAILURE TO FOLLOW INSTRUCTIONS. Damage Amount Requested: $300,000.00 Broker Comment: RICHARD APICELLA IS HANDLING THIS MATTER.
Date: January 29, 2001 Category: Customer Dispute Allegations: THE CLIENT ALLEGED THAT THE FC BOUGHT AND SOLD STOCKS AT WILL AND THAT SHE DEPENDED ON HER FC TO MAKE SUITABLE INVESTMENT DECISIONS. 1996 THROUGH 2001. ALLEGED DAMAGES UNSPECIFIED.
Date: February 13, 1995 Category: Customer Dispute Allegations: UNSUITABLE RECOMMENDATION OF EQUITIES ANDOPTIONS. ALLEGED DAMAGES - UNSPECIFIED Settlement Amount: $60,000.00 Broker Comment: SETTLEMENT IN THE AMOUNT OF $60,000.00. CONTACT [THIRD PARTY] AT: (407) 645-5035NOT PROVIDED
Date: January 23, 1990 Category: Customer Dispute Allegations: CUSTOMER VS. R.R. FOR CHURNING AND UNSUITABLEINVESTMENTS INCLUDING THE SALE OF A LP Damage Amount Requested: $43,995.34 Damages Granted: $5,201.44 Broker Comment: FULL AND FINAL SETTLEMENT OF CLAIMS BETWEEN THEPARTIES THAT RAQUEL NEGRON SHALL PAY TO CLAIMANT $4,158.44REPRESENTING DAMAGES AND INTEREST EACH PARTY IN TO PAY ATTORNEYFEES DUE TO NYSE $520.00 AGAINST RESPONDENTNot Provided
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.
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