Jose Manuel Cornide Jr. Allegedly Misrepresented an Investment Strategy to Be Very Safe, Very Stable, Not Volatile & Very Liquid, Causing Investor Losses, According to Customer Complaint

Jose Manuel Cornide Jr., from March 13, 2018 to November 16, 2018, allegedly misrepresented an investment strategy to a client to be safe, stable, not volatile and liquid, according to a Pending Customer Dispute filed on Cornide Jr.’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

The aforementioned dispute was filed on March 7, 2019, FINRA states, and the alleged damages are estimated to be in excess of $5,000.00, FINRA notes.

Investor rights attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to Jose Manuel Cornide Jr.’s alleged misrepresentation that an investment was purportedly safe, stable, not volatile and liquid. Investors who believe they may have lost money in activity related to Jose Manuel Cornide Jr.’s alleged misrepresentation that an investment was purportedly safe, stable, not volatile and liquid are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Jose Manuel Cornide Jr. Allegedly Told a Client that His Investment Was Like a Savings Account and About as Safe as It Can Get; Cornide Jr. Has Been with UBS since 2004

Jose Manuel Cornide Jr. also allegedly told the aforementioned that said investment was almost like a savings account and about as safe as it can get, FINRA states.

Cornide Jr. has been registered with UBS Financial Services Inc. in Coral Gables, FL since May 11, 2004, FINRA reports.

He was also registered with Goldman, Sachs & Co. in New York, NY from August 30, 1996 until May 5, 2004, FINRA states.

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 Jose Manuel Cornide Jr.’s alleged misrepresentation that an investment was purportedly safe, stable, not volatile and liquid. 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 Jose Manuel Cornide Jr.’s alleged misrepresentation that an investment was purportedly safe, stable, not volatile and liquid 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.

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent updates regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases. Also, the brokercheck report linked to some of our blogs is the up-to-date version as of the date of posting. Visitors may check the most recent version of each brokercheck report at www.finra.org.