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Javier Estremera Of Merrill Lynch, Pierce, Fenner & Smith Incorporated Has 11 Customer Complaints For Alleged Broker Misconduct

Who is Javier Estremera of Merrill Lynch, Pierce, Fenner & Smith Incorporated?

Javier Estremera (CRD #3139409) who is currently registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated 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 & Smith Incorporated, Javier Estremera was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Javier Estremera Customer Complaints

Javier Estremera has been the subject of 11 customer complaints that we know about to recover investment losses. Ten of the customer complaints filed against Javier Estremera’s former employer UBS Financial Services was settled in favor of the investors. The other customer complaint remains pending against that brokerage firm.

Allegations Against Javier Estremera

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are all related to his customers investments in Puerto Rico municipal bonds and Puerto Rico closed-end bond funds. The allegations were generally unsuitable recommendations, overconcentration of investments in a single geographic area, and failure to disclose the risk associated with those investments.

Javier Estremera Red Flags & Your Rights As An Investor

Of course, Javier Estremera 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 Javier Estremera at Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Javier Estremera has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Merrill Lynch, Pierce, Fenner & Smith Incorporated also raises questions about the brokerage firm’s 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 & Smith Incorporated Due To Javier Estremera

If you have questions about Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Javier Estremera 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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