Investor Alert > Juan Uribe— Alleged Loan for an Outside Business Activity
Posted Nov 28, 2018
by Alan Rosca

Juan Uribe— Alleged Loan for an Outside Business Activity

Juan Uribe Allegedly Had Loaned Money to an Outside Business Activity with which Uribe was Purportedly Involved & that Several of the Loan Repayments Were Late

Juan Uribe allegedly loaned money to an outside business activity with which Uribe was purportedly involved and that several of the loan repayments were purportedly late, according to an Employment Separation After Allegations filed on Uribe’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.

The aforementioned disclosure was filed on October 24, 2018, FINRA states.

Alan Rosca, of theRosca Scarlato LLC law firm, is investigating activity related to Juan Uribe’s alleged loan to an outside business activity. Investors who believe they may have lost money in activity related to Juan Uribe’s alleged loan to an outside business activity are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.

Juan Uribe Suspended by FINRA Indefinitely in All Capacities & Discharged from Wells Fargo Clearing Services, LLC

Juan Uribe was reportedly discharged by Wells Fargo after several of the loan repayments from the aforementioned loan were late, FINRA states. Wells Fargo also subsequently discovered that the outside business activity had not been approved, FINRA reports.

Juan Uribe, based on the aforementioned alleged behavior, fell under the scope of a FINRA investigation, and allegedly failed to respond to a FINRA request for information, FINRA states.

Uribe, for allegedly failing to respond to FINRA’s request, has been suspended in all capacities by FINRA indefinitely starting on November 19, 2018, FINRA reports.

FINRA further reports that if Uribe fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on January 28, 2019 from association with any FINRA member in all capacities pursuant to FINRA Rules, FINRA notes.

Juan Uribe worked for Wells Fargo Clearing Services, LLC in Houston, TX from May 15, 2015 until September 4, 2018, FINRA states.

Uribe was also registered with J.P. Morgan Securities LLC in Houston, TX from October 1, 2012 until May 27, 2015, and with Chase Investment Services Corp. in Houston, TX from June 25, 2002 until October 1, 2012, FINRA notes.

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.

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 Juan Uribe’s alleged loan to an outside business activity. 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 Juan Uribe’s alleged loan to an outside business activity 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.

Contact us. All evaluations are free

DISCLAIMER

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 matters about which we report, and/or to publish subsequent updates regarding various developments that may occur in such matters. Readers are encouraged to conduct their own research regarding any such matters and any developments that may or may not have occurred in such matters. Also, the Brokercheck report linked to some of our blogs is the up-to-date version as of the date of accessing by the reader. The information in our blogs is current as of the date of the drafting of the blog, and given that sometimes certain past complaints may no longer be listed in newer Brokercheck reports, some of the events referenced in some of our blogs may later on be removed from newer Brokercheck reports. Visitors may check the most recent version of each brokercheck report at www.finra.org, and may contact FINRA for the earlier version of the Brokercheck report upon which various blogs may be based.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

Contact us at 888‑998‑0530 or through the contact form on this page.
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