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DID WILSON DENNIS COLBERG-TRIGO CAUSE YOU INVESTMENT LOSSES?

Wilson Colberg-trigo of First Southern, And Formerly with Herbert J. Sims & Co Has 80 Customer Complaints for Alleged Broker Misconduct

Who is Wilson Colberg-trigo of First Southern?

Wilson Colberg-trigo (CRD #1226126) who is currently registered with First Southern and located in Guaynabo, Puerto Rico is a subject of one of our many securities industry sales practice abuse investigations.

Prior to First Southern, Wilson Colberg-trigo was associated with Herbert J. Sims & Co and other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.

Wilson Colberg-trigo Customer Complaints

Wilson Colberg-trigo has been the subject of 83 customer complaints that we know about, one of those complaints was filed in the last year to recover investment losses.

Almost all of the complaints allege unsuitable recommendations to invest in and hold Puerto Rico Bonds and Puerto Rico closed-end funds, overconcentration and Puerto Rico investments, and over-leveraging of clients’ accounts.  

Sixty-one of Wilson Colberg-trigo’s 83 customer complaints were settled in favor of investors for tens of millions of dollars. There are currently eleven pending customer complaints filed against UBS Financial Services for investment losses caused by Wilson Colberg-trigo’s alleged misconduct.

Eleven of Wilson Colberg-trigo’s customer’s complaints were denied and the customers did not take any further action.

Wilson Colberg-trigo Red Flags & Your Rights as An Investor

Of course, Wilson Colberg-trigo 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 that should put all current and former customers of Wilson Colberg-trigo at First Southern and Herbert J. Sims & Co on alert to review carefully the activity and performance of their accounts and question whether Wilson Colberg-trigo has engaged in any stockbroker misconduct that may have caused them investment losses.

The large number of customer complaints at First Southern and Herbert J. Sims & Co 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 First Southern Due to Wilson Colberg-trigo

If you have questions about First Southern, Herbert J. Sims & Co, and/or Wilson Colberg-trigo 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.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce has been a trial attorney for more than 40 years and is the founding partner of The Law Offices of Robert Wayne Pearce. You can learn more about Robert and his accomplishments by clicking here.

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