Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on August 1, 2016 indicate that Pennsylvania-based Santander broker/adviser Willie Vales has been the subject of a customer complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Vales (CRD# 2166601).
Willie Vales has spent five years in the securities industry and has been registered with Santander Securities in Conshohocken and Lafayette Hill, Pennsylvania since 2014. Previous registrations include Merrill Lynch in Newtown, Pennsylvania; Wells Fargo Advisors in Philadelphia, Pennsylvania; Morgan Stanley in Purchase, New York; and AXA Advisors in New York, New York. He is a registered broker and investment adviser in New Jersey, Pennsylvania, and Puerto Rico.
According to his BrokerCheck report, Willie Vales has received one customer complaint and was discharged from Merrill Lynch.
In 2014, a customer alleged Willie Vales, while employed at Wells Fargo Advisors, misrepresented material facts, recommended unsuitable investments, and executed unauthorized trades. The complaint settled in May 2015 for $7,250.
In 2014, Willie Vales was terminated from his position at Merrill Lynch following allegations involving “alteration of a client document.”
In 2014, Willie Vales paid $2,400 to settle a debt of $6,359 with Barclays Bank.
In 2013, Willie Vales paid $2,400 to settle a debt of $6,358 with Capital One Bank.
In 2012, Willie Vales paid $400 to settle a debt of $1,063 with Sans Club.
If you have lost money investing with Willie Vales, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.