The allegations read: Client alleges, among other things, unsuitability, overconcentration, violations of securities laws and rules, fraud, breach of fiduciary duty, breach of good faith and fair dealings, negligence, failure to supervise, breach of contract, and gross and wanton negligence (puerto rico bonds, open-end funds and closed-end funds). Includes claims for punitive damages, interest, fees, disgorgement of commission and rescission.
