The allegations read: Clients allege unsuitability, over-concentration, failure to supervise, aiding and abetting, fraudulent concealment, violations of securities laws and rules, fraud, deceit, recklessness, negligence, breach of fiduciary duties, and violations of pr contract law (puerto rico bonds and closed-end funds). Includes request for rescission, interest, fees, costs, and disgorgement of commission and fees. **as of 07/30/2020, the firm has settled this case for $45,000. The representative was not asked to contribute to the settlement.
