Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on April 24, 2017 indicate that California-based Crown Capital Securities broker/adviser Richard Ponce has been the subject of a customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Ponce (CRD# 4091885).
Richard Ponce has spent fourteen years in the securities industry and has been registered with Crown Capital Securities in Los Angeles, California since April 2017. Previous registrations include Centaurus Financial in Twin Falls, Idaho; Gonow Securities in West Palm Beach, Florida; Bisys Fund Services Limited Partnership in Portland, Maine; Western International Securities in Temecula Beach, Florida; American Express Financial Advisors in Minneapolis, Minnesota; IDS Life Insurance Company in Minneapolis, Minnesota; Donner Corp. International in Oklahoma City, Oklahoma; and Providential Securities in Fountain Valley, California. He has passed seven securities industry examinations: Series 66 (Uniform Combined State Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 3 (National Commodity Futures Examination); Series 55 (Limited Representative-Equity Trader Exam); Series 24 (General Securities Principal Examination); Series 10 (General Securities Sales Supervisor – General Module Examination); and Series 9 (General Securities Sales Supervisor – Options Module Examination). He is registered as a broker in California.
According to his BrokerCheck report, Richard Ponce has received one customer complaint.
In 2007, a customer alleged Richard Ponce, while employed at Ameriprise Financial Services, assisted an advisor in account churning, conversion of funds, and unsuitable investment recommendations. The complaint settled in 2008 for $1,800,000.
If you or someone you know has lost money investing with Richard Ponce, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. 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.