Angel Edgardo Aquino-Velez Allegedly Engaged in Multiple Acts of Unsuitability Related to Puerto Rico Closed End Funds from 2010 to 2017

Angel Edgardo Aquino-Velez allegedly engaged, inter alia, in acts of unsuitability with respect to Puerto Rico Closed end funds from 2010 to 2017, according to FINRA Reports under review by investor rights attorney Alan Rosca.

Said customer claim was filed on November 21, 2018, and is requesting damages of $25,000,000, FINRA notes.

A second pending claim filed on November 5, 2018 also alleges unsuitability with respect to Puerto Rico Municipal bonds from 2010 to 2017, FINRA states, and is requesting damages of $5,000,000.

A third pending claim filed on July 12, 2018 alleges, inter alia, unsuitability with respect to Puerto Rico Municipal Bonds and Closed-end funds from 2010 to 2017, FINRA reports.

Still another pending claim from 2018, filed on May 8, alleges, inter alia, unsuitability with respect to investments from July 2013 until May 2017, FINRA notes, and is requesting damages of $220,663.36.

Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Angel Edgardo Aquino-Velez alleged acts of unsuitability. Investors who believe they may have lost money in activity related to Angel Edgardo Aquino-Velez alleged acts of unsuitability are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Angel Edgardo Aquino-Velez Has 11 Customer Disputes Related to PR Investments, and Has 20 Years in the Securities Industry with 7 Firms

Angel Edgardo Aquino-Velez has 11 customer disputes related to Puerto Rico investments, and has 20 years in the securities industry with 7 firms, FINRA states.

Aquino-Velez worked at February 2, 2010 until July 13, 2017 at Morgan Stanley in Miami, Florida, and at Merrilly Lynch, Pierce, Fenner & Smith Inc. from September 5, 2006 until September 25, 2009 in Guaynabo, Puerto Rico.

Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.

Securities Lawyer Investigating

The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Angel Edgardo Aquino-Velez alleged acts of unsuitability. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, and has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions. The Goldman Scarlato & Penny attorneys are not licensed to practice law in Puerto Rico, nor do they seek to practice law in Puerto Rico by virtue of publishing this blog. Please see their admissions to practice law at the bottom of this page.

Investors who believe they lost money as a result of Angel Edgardo Aquino-Velez alleged acts of unsuitability may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at rosca@lawgsp.com, or through the contact form on this webpage.