Roberto Montano Allegedly Engaged in Unsuitability & Misrepresentation in Connection with Equity Transactions
Roberto Montano allegedly engaged in acts of unsuitability and misrepresentation in connection with equity transactions, according to a pending Customer Dispute filed on Montano’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.
The aforementioned pending dispute was filed on July 5, 2017, FINRA states, and requests damages of $90,000.
Alan Rosca, of the Rosca Scarlato LLC law firm, is investigating activity related to Roberto Montano’s alleged unsuitability and misrepresentation. Investors who believe they may have lost money in activity related to Roberto Montano’s alleged unsuitability and misrepresentation are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Roberto Montano Suspended Indefinitely by FINRA
Roberto Montano also allegedly failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance, according to a Final Regulatory Action filed on Montano’s FINRA BrokerCheck Report under review by investor rights attorney Alan Rosca.
Said Action was filed on November 14, 2018, and states that Montano has been suspended indefinitely, FINRA notes, and the suspension will continue until the required payment is made or discharged.
Montano also allegedly failed to pay fines and/or costs of $5,000 in a FINRA Case, according to a Final Regulatory Action filed on Montano’s FINRA BrokerCheck Report from April 17, 2017.
Montano has 7 disclosures on his FINRA BrokerCheck Report, and has worked for the 4 following different firms during his 6 years of experience in the securities industry:
• Waddell & Reed, Chicago, IL— September 24, 2015 – December 21, 2016
• U.S. Bancorp Investments, Inc., Chicago, IL— April 30, 2013 – September 4, 2015
• Fifth Third Securities, Chicago, IL— November 18, 2001 – May 3, 2013
• Signator Investors, Inc, Rosemont, IL— September 9, 2009 – Novemeber 12, 2010
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 Roberto Montano’s alleged unsuitability and misrepresentation. 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 Roberto Montano’s alleged unsuitability and misrepresentation 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.