GOODMAN & NEKVASIL P.A, MAY RECOVER INVESTOR LOSSES – CARLOS W. SEDA FORMERLY LICENSED WITH ORIENTAL FINANCIAL SERVICES, CORP.
Carlos Seda was formerly licensed with Kovack Securities (2014-2017), Oriental Financial Services, Corp. (2013-2014), and Santander Securities (2002-2007). FINRA reports that two arbitration claims have been filed while Carlos Seda’s was licensed with Oriental Financial Services, Corp. and Santander Securities, alleging unsuitable investments, overconcentration, fraud, breach of fiduciary, breach of contract, omissions, negligence, and/or misrepresentations by Carlos Seda. These claims were settled by Oriental Financial Services, Corp. and Santander Securities for $85,000 and $35,000, respectively.
FINRA also reports that two more arbitration claims involving Carlos Seda’s conduct with Oriental Financial Services, Corp. are currently pending. These claims allege that Carlos Seda recommended high risk and unsuitable investments and strategies and/or recommended liquidating their holdings and invest in various Puerto Rico bonds, mutual funds that represented unsuitable liquidity and capital risk. The alleged damages for these two pending claims are for $1,000,000 and $432,940.
If you lost any money on investments with Carlos Seda, you may be able to recover your losses from Oriental Financial Services, Corp. or his other brokerage firms. This is because Oriental Financial Services, Corp. and Carlos Seda’s other brokerage firms, had a duty to supervise Carlos Seda.
If you lost money on investments with Carlos Seda and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Oriental Financial Services, Corp. or Carlos Seda’s other brokerage firms concerning Carlos Seda’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on investments with Carlos Seda and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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