Yolanda M. Rosich Clemente of San Juan Puerto Rico a stockbroker currently registered with Popular Securities is referenced in a customer initiated investment related arbitration claim in which the customer requested $235,000.00 in damages supported by accusations that the customer was inappropriately advised to invest in Puerto Rico securities including closed end fund and government debt investments. Financial Industry Regulatory Authority (FINRA) Arbitration No. 18-01692 (May 3, 2018).

FINRA Public Disclosure reveals that Clemente has been identified in two more customer initiated investment related disputes containing allegations of her misconduct while employed with Popular Securities. Specifically, a customer filed an investment related arbitration claim involving Clemente’s conduct where the customer sought $227,114.00 in damages founded on accusations that the customer’s account was over-concentrated in unsuitable investments; recommendations made concerning the purchasing and holding of closed and opened end funds, municipal debt investments and government debt products conflicted with the customer’s objectives for investing and tolerance for risk; and the customer was not made aware of the red flags or adverse financial information pertaining to the investments selected for the customer’s account. FINRA Arbitration No. 16-01416 (May 23, 2016).

Thereafter, a customer filed an investment related arbitration claim concerning Clemente’s activities in which the customer requested $1,000,000.00 in damages supported by allegations that the customer was advised to invest in securities which were overly speculative and which ran contrary to the customer’s goals of principal preservation; and the customer’s funds had been over-concentrated in investments which sustained extreme volatility and produced losses. FINRA Arbitration No. 17-01926 (Aug. 1, 2017).

Clemente has been employed by Popular Securities LLC since May 21, 1997.

The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.

Questions or comments regarding the source or accuracy of any information, including any subsequent developments, should be directed to:  [email protected]

This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer.

Guiliano Law Group, P.C.

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred million dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

For more information concerning common claims against stockbrokers and investment professionals, please visit us at stockbrokerfraud.com

To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com

Stockbroker Fraud. Securities Arbitration and Investment Fraud Lawyers.  
National Practice. Contingent Fee. Confidential Free Consultation.

 (877) SEC-ATTY


No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)