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Alberto Castaner Of Oppenheimer & Co. Inc. And Formerly With Morgan Stanley Has 9 Customer Complaints For Alleged Broker Misconduct

Who is Alberto Castaner of Oppenheimer & Co. Inc.?

Alberto Castaner (CRD #1603341) who is currently registered with Oppenheimer & Co. Inc. and located in Fort Lauderdale, Florida is a subject of one of our many securities industry sales practice abuse investigations.  Prior to Oppenheimer & Co. Inc., Alberto Castaner was associated with Morgan Stanley and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Alberto Castaner Customer Complaints

Alberto Castaner has been the subject of 9 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses. Seven of Alberto Castaner’s 9 customer complaints were settled in favor of investors. There are currently 2 pending customer complaints filed against Alberto Castaner’s former employer Popular Securities for investment losses caused by the alleged misconduct.

Allegations Against Alberto Castaner

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

  • Seven different customer and separate arbitration proceedings alleged unsuitable investment recommendations to purchase Puerto Rico securities, when it was well known that the financial condition of the Commonwealth was deteriorating.
  • Claimant alleged that Alberto Castaner made false and misleading statements regarding the risks of Puerto Rico bank stocks.
  • Customer alleged unsuitable investment recommendations in connection with a margin account.

Alberto Castaner Red Flags & Your Rights As An Investor

Of course, Alberto Castaner 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 Alberto Castaner at Oppenheimer & Co. Inc. and Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether Alberto Castaner has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Oppenheimer & Co. Inc. and Morgan Stanley also raises questions about the brokerage firms’ 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 Oppenheimer & Co. Inc. Due To Alberto Castaner

If you have questions about Oppenheimer & Co. Inc., Morgan Stanley and/or Alberto Castaner 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.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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