DID JUAN CARLOS VILLALOBOS CAUSE YOU INVESTMENT LOSSES?
Juan Villalobos Of Money Concepts Capital Has A Customer Complaint For Alleged Broker Misconduct
Who is Juan Villalobos of Money Concepts Capital?
Juan Villalobos (CRD #4810602) who is currently registered with Money Concepts Capitaland located in Marietta, Georgia is a subject of one of our many securities industry sales practice abuse investigations.
Juan Villalobos Customer Complaint
Juan Villalobos has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were Juan Villalobos did not implement proposed strategy resulting in losses to account. Firm reviewed allegations and found proposed strategy was not implemented due to a delay in ACAT delivery from contra firm. By the time ACAT was received, securities within original proposed strategy were overpriced. Client agreed to second recommendation and subsequent recommendations, as this was an actively managed advisory account. Firm found account value dropped in March 2020, however the decline was due to stock market drop as a result of the COVID-19 pandemic. Account steadily recovered from the decline. Juan Villalobos’ customer complaint was denied and, to date, the customer has not taken any further action.
Juan Villalobos Red Flags & Your Rights As An Investor
Of course, Juan Villalobos 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 Juan Villalobos at Money Concepts Capital on alert to review carefully the activity and performance of their accounts and question whether Juan Villalobos has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Money Concepts Capital 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 Money Concepts Capital Due To Juan Villalobos
If you have questions about Money Concepts Capital and/or Juan Villalobos 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.