Fitapelli Kurta is investigating complaints against Jaime H. Aguilar. Jaime H. Aguilar is a San Diego, CA based stock broker. He was previously registered with Citigroup Global Markets Inc. from September 1998 until June 2009. Jaime H. Aguilar is currently registered with Morgan Stanley since June 2009. Jaime H. Aguilar has three disclosed customer complaints on his FINRA BrokerCheck Report. Fitapelli Kurta is investigating similar complaints from other customers of Mr. Aguilar.
The first arbitration was filed in August 2009. In that arbitration, the customers alleged that Jaime H. Aguilar made various misrepresentations regarding their investments and invested in inappropriate and unsuitable securities in violation of various FINRA rules. Citigroup Global Markets Inc. and Mr. Aguilar settled the arbitration for $750,000.00.
The second complaint disclosed on Jaime H. Aguilar’s FINRA BrokerCheck Report stems from an alleged unauthorized purchase. Specifically, Jaime H. Aguilar’s client alleged that he purchased a mutual fund in the client’s account without the client’s specific authorization. The alleged activity would have constituted violations of various FINRA rules and the internal policies of his brokerage firm. The complaint was settled for $17,452.05.
The third complaint disclosed on Jaime H. Aguilar’s FINRA BrokerCheck Report was filed in 2014. The complaint was filed in February 2014, and alleges that from March 2008 until February 2014, Mr. Aguilar engaged in inappropriate and unsuitable investment strategies. Moreover, the complaint alleges that Jaime H. Aguilar liquidated and transferred funds in the client’s account without the client’s authorization. The claim seeks $2,000,000 in damages from both Jaime H. Aguilar and Morgan Stanley Smith Barney.
Did you or someone you know invest with Jaime H. Aguilar, Citigroup Global Markets Inc. or Morgan Stanley Smith Barney? If you have a complaint against Jaime H. Aguilar, Citigroup Global Markets Inc. or Morgan Stanley Smith Barney, contact us for a free consultation. It is important that you act quickly. Do not delay.