National investment loss lawyers KlaymanToskes is investigating investment advisor Miguel Cestero (CRD# 2765420) of Popular Securities Inc. and CorreaCosta Investments, following the filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”), alleging $1,000,000 in investor damages due to recommendations to purchase and to hold Puerto Rico closed-end funds and Puerto Rico bonds, resulting in an overconcentrated and high risk portfolio, which was unsuitable in light of the client’s stated risk tolerance and investment objective.
According to the SEC’s AdviserInfo, investment advisor Miguel Cestero a/k/a Miguel R. Correa Cestero is currently registered with Popular Securities, and is reportedly also doing business as CorreaCosta Investments in San Juan, PR. Cestero has 12 additional customer complaints, 11 of which have been settled in favor of the investors.
Investors that suffered losses with investment advisor Miguel Cestero are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Si no habla inglés, no hay problema. KlaymanToskes tiene personas que hablan español por su evaluación de su caso y una oficina en San Juan, Puerto Rico.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigations of investment advisor Miguel Cestero:
If you suffered losses with investment advisor Miguel Cestero, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorneys fees and costs.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against investment advisor Miguel Cestero. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to the SEC, investment advisory firms such as Popular Securities are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with investment advisor Miguel Cestero, or have concerns regarding your investment portfolio at Popular Securities and/or CorreaCosta Investments, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your recovery options.