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Cristhian Palacios: Investor Seeks $298,109 in Complaint Alleging Excessive Trading, Suitability

Cristhian PalaciosPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 29, 2018 indicate that New Jersey-based Garden State Securities broker Cristhian Palacios recently received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Palacios (CRD# 3069971).

Cristhian Palacios has spent 19 years in the securities industry and has been registered with Garden State Securities in Hackensack, New Jersey since 2008. Previous registrations include the Concord Equity Group in Saddle Brook, New Jersey (2007-2008); JP Turner & Company in Saddle Brook, New Jersey (2000-2007); and Barron Chase Securities in Boca Raton, Florida (1998-2000). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 8, 1998, and Series 7 (General Securities Representative Examination), which he obtained on November 2, 1998. He is a registered broker with 29 US states and territories.

According to his BrokerCheck report, he has received one pending customer complaint and four unsatisfied tax liens.

In June 2018 a customer alleged Cristhian Palacios, while employed at Garden State Securities, executed excessive trades and made unsuitable investment recommendations. The customer is seeking $298,109 in damages in the pending complaint.

In 2016 the Internal Revenue Service filed a tax lien totaling $140,000 against him. The lien remains outstanding.

In 2012 the State of New Jersey filed a tax lien totaling $16,407 against him. The lien remains outstanding.

In 2012 the State of New Jersey filed a tax lien totaling $2,308 against him. The lien remains outstanding.

In 2011 the Internal Revenue Service filed a tax lien totaling $80,602 against him. The lien remains outstanding.

If you or someone you know has lost money investing with Cristhian Palacios, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.

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