Broker Beatriz Vida Allegedly Engaged in Broker Misconduct in Connection to Puerto Rico Bonds
Broker Beatriz Luna Vida (also known as Bea Luna, Beatriz Luna, or Bea Luna Vida) allegedly engaged in unsuitability, over-concentration, fraud, breach of fiduciary duty, violations of the securities laws and regulations, breach of contract, negligence, negligent misrepresentation, and omission, control person liability, and failure to supervise with regards to Puerto Rico bonds and bond funds, according to a Pending Customer Dispute filed on Vida’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.
The aforementioned Dispute was filed on March 7, 2019, FINRA states, and includes a request for rescission, disgorgement of commission/fees, interest, costs, fees, and punitive damages, and is requesting damages of $400,000.00, FINRA notes.
Said Dispute also contains a Broker Comment that Vida is not a named respondent to this arbitration, and the claims are believed to stem from the unprecedented turmoil experienced in the Puerto Rico economy, FINRA reports.
Investor rights attorney Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to broker Beatriz Vida’s alleged unsuitability, over-concentration, fraud, and breach of fiduciary duty. Investors who believe they may have lost money in activity related to Beatriz Vida’s alleged unsuitability, over-concentration, fraud, and breach of fiduciary duty are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Concerned about investments with
Beatriz Vida is the Subject Multiple Customer Disputes
Broker Beatriz Vida allegedly engaged in unsuitability, over-concentration, violations of securities laws and rules, fraud, breach of fiduciary duty, breach of good faith and fair dealings, negligence, failure to supervise, breach of contract, and gross and wanton negligence with regards to Puerto Rico bonds and bond funds, FINRA states.
The aforementioned Dispute was filed on March 7, 2019, FINRA states, and includes a request for punitive damages, interest, costs, fees, disgorgement of commission/fees and rescission, and is requesting damages of $3,881,246.00, FINRA notes.
In sum, Vida has 8 Pending Customer Disputes on her FINRA BrokerCheck Report, and has been registered with Morgan Stanley in Washington, D.C. since May 5, 2014, FINRA reports.
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 or allegations mentioned in this article, unless otherwise indicated. Any reader should also read the original sources hyperlinked in this blog for accuracy, including any BrokerCheck report and/or record of any disciplinary or regulatory action. Those sources are incorporated by reference into the text of this blog, and are the governing materials in case of any inconsistencies or typos in this blog.
Concerned about investments with
Securities Lawyer Investigating
The Rosca Scarlato LLC law firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating broker Beatriz Vida’s alleged unsuitability, over-concentration, fraud, and breach of fiduciary duty. 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.
Investors who believe they lost money as a result of Beatriz Vida’s alleged unsuitability, over-concentration, fraud, and breach of fiduciary duty may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at arosca@rscounsel.law, or through the contact form on this webpage.