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FINRA Broker Allegations

Allegations against: Ramon Manuel Almonte

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Time frame: 2002-unspecified allegations: claimant alleges the recommendation to invest in and hold puerto rico closed-end funds was unsuitable, and her account was over concentrated in puerto rico investments. She also alleges that the risk of investing in and concentration in puerto rico investments was misrepresented.

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