financial fraud attorney

Walter Roland Valenzuela of Del Mar California a stockbroker currently registered with Hilltop Securities Inc. is referenced in a customer initiated investment related complaint which was settled on November 1, 2018 for $100,000.00 in damages founded on accusations that (1) unit investment trust trades were made in the customer’s account on an excessive basis (2) false or misleading statements had been made in regards to the risks or terms of unit investment trust products and (3) the stockbroker gave the customer bad investment advice which led the customer to experience unwarranted losses.

FINRA Public Disclosure confirms that Valenzuela is identified in six additional customer initiated investment related disputes that concern allegations of his misconduct while he was associated with M.L. Stern Co. LLC, Southwest Securities Inc. and Hilltop Securities. Specifically, a customer initiated investment related arbitration claim was resolved for $20,700.00 in damages based upon accusations of securities transactions being executed in violation of industry rules; breach of fiduciary duty; and misrepresentation concerning corporate bonds sold by Valenzuela.

Valenzuela is the subject of another customer initiated investment related arbitration claim which was settled for $32,000.00 in damages supported by accusations of fiduciary duties being violated through Valenzuela’s bad investment recommendations; and false or misleading statements in regards to the municipal debt investments sold to the customer when Valenzuela was associated with M.L. Stern Co. LLC.

On August 28, 2017, another customer filed an investment related complaint where the customer requested more than $5,000.00 in damages based upon allegations of the stockbroker failing to inform the customer about the risks and fees that pertained to the unit investment trusts he sold which led the customer to invest in inappropriate securities.

Also, a customer initiated investment related arbitration involving Valenzuela’s activities was settled for $400,000.00 in damages founded on accusations that during the time that Valenzuela was employed by Hilltop Securities: (1) fiduciary obligations were breached (2) the customer had been charged excessive mark-downs, mark-ups or other fees pertaining to securities transactions (3) investments were excessively traded and churned (4) investment recommendations and margin based trading failed to be suitable and (5) the customer fell victim to elder abuse and financial exploitation. FINRA Arbitration No. 17-03005 (May 13, 2019).

Valenzuela has been registered with Hilltop Securities Inc. since December 10, 2008.

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

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

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

 (877) SEC-ATTY

1700 Market Street, Suite 1005
Philadelphia, PA 19103
Direct: (215) 413-8223
Toll Free: (877) 732-2889

1260 South Soto Street, Suite 7
Los Angeles, California 90023
Direct: (213) 255-3475
Toll Free: (877) 732-2889

2750 NE 185th Street, Suite 302
Aventura, Florida 33180-2877
Direct: (786) 490-2413
Toll Free: (877) 732-2889

See Important Disclaimer

Tags: ,

No comments yet.

Leave a Reply

Name (required)

Email (will not be published) (required)