DID CATHERINE SANTIAGO TOCA CAUSE YOU INVESTMENT LOSSES?

Catherine Santiago Toca Has 5 Customer Complaints For Alleged Broker Misconduct

Who is Catherine Santiago Toca of Merrill Lynch, Pierce, Fenner and Smith?

Catherine Santiago Toca (CRD #1554210) who is currently registered with Merrill Lynch, Pierce, Fenner and Smith, Inc. and located in Guaynabo, Puerto Rico is a subject of one of our many securities industry sales practice abuse investigations. Prior to Merrill Lynch, Pierce, Fenner, and Smith, Inc., Catherine Santiago Toca was associated with 3 other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Merrill, Lynch, Pierce, Fenner, and Smith, Inc. Broker Misconduct

In his career, Catherine Santiago Toca has been the subject of 5 customer complaints that we know about, 2 of those complaints were filed in the last 2 years to recover investment losses. One of Catherine Santiago Toca’s 5 customer complaints was settled in favor of investors. There are currently 4 pending customer complaints filed against Catherine Santiago Toca current employer, Merrill Lynch, Pierce, Fenner and Smith, Inc. for investment losses caused by her alleged misconduct.

Allegations Against Catherine Santiago Toca

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • Customers alleged unsuitable investment recommendations, unauthorized trading and misrepresentation and omission of material facts related to closed-end funds.
  • Customer alleges unsuitable investment recommendations and misrepresentations relating to Puerto Rico bonds and mutual funds.
  • Customer alleges unsuitable investment recommendations and misrepresentations related to mutual funds.
  • Customer alleges unsuitable investment recommendations and misrepresentations relating to Puerto Rico bonds.

Catherine Santiago Toca Red Flags & Your Rights As An Investor

Of course, Catherine Santiago Toca did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Catherine Santiago Toca at Merrill Lynch, Pierce, Fenner, and Smith, Inc. on alert to review carefully the activity and performance of their accounts and question whether Catherine Santiago Toca has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner and Smith, Inc. also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Merrill Lynch, Pierce, Fenner, and Smith, Inc.

If you have questions about Merrill Lynch, Pierce, Fenner, and Smith, Inc. and Catherine Santiago Toca and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.