Has Investor Complaints – Goodman & Nekvasil, P.A., May Recover Investor Losses
Former MONEY CONCEPTS CAPITAL CORP Broker, Juan Villalobos has investor complaints. Villalobos was also the principal and founder of Sunbright Wealth Management in Marietta, GA, according to his LinkedIn page.
JUAN CARLOS VILLALOBOS (CRD#: 4810602), a formerly registered broker for MONEY CONCEPTS CAPITAL CORP in MARIETTA, GA, has investor complaints. According to Villalobos’ FINRA BrokerCheck report, former customers allege that their former (and now deceased) registered representative breached a contract, breached his fiduciary duty, was negligent, engaged in fraud and violated the Georgia Securities Act in connection with speculative options transactions, misrepresenting the risk of the options transactions, and recommending that two of the customers borrow against their securities account to purchase their home. The customers also allege breach of fiduciary duty and failure to conduct adequate due diligence in connection with their purchases of units of an automotive limited partnership. This FINRA arbitration claim settled for $1,400,000.00.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 2/8/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.