Advisor Alert: Our Attorneys Are Investigating Eladio Arturo Santiago For Investment Fraud
Did You Lose Money Because of Eladio Arturo Santiago of Cambridge Investment Research?
Filed: October 20, 2023
Eladio A. Santiago currently has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Eladio A. Santiago.
Who Is Eladio A. Santiago of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.?
- Advisor Name: Eladio Arturo Santiago
- Aliases: Eladio A. Santiago, Eladio Arturo Arturo Santiago
- CRD: 3060628
- Location: Fulton, Maryland
- Current Employer: Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc.
- Previous Firms: UBS Financial Services Inc. and Morgan Stanley
- Number of Known Customer Complaints: 3
- Can Eladio Santiago Be Sued: Yes, in Private Arbitration
- Can Eladio Santiago’s Employers Be Sued For Failing to Supervise His Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $756,000
- Highest Settlement: $95,000
If you have suffered investment losses by Eladio A. Santiago, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Eladio A. Santiago For Broker Misconduct
As of this publication date, Eladio A. Santiago has been the subject of 3 customer disputes. Let’s review them below.
In January 2020, a FINRA arbitration was filed against or in reference to Eladio A. Santiago by a customer of UBS Financial Services Inc. alleging that Mr. Santiago made unsuitable recommendations, and mismanaged the client’s accounts. There was no exact alleged damage amount. On November 5, 2020, Mr. Santiago settled the claim for $75,000, and some or all of this amount may have been paid by Mr. Santiago’s employer and/or insurance carrier.
In August 2019, a FINRA arbitration was filed against or in reference to Eladio A. Santiago by a customer of UBS Financial Services Inc. alleging that Mr. Santiago made unsuitable recommendations, and mismanaged the client’s accounts. Per the customer, he/she lost over $350,000 due to Mr. Santiago’s actions. On November 5, 2020, Mr. Santiago settled the claim for $95,000, and some or all of this amount may have been paid by Mr. Santiago’s employer and/or insurance carrier.
In December 2002, a FINRA arbitration was filed against or in reference to Eladio A. Santiago by multiple customers of Merrill Lynch alleging that Mr. Santiago made unsuitable transactions in the clients’ accounts. Per the customers, they lost over $756,000 due to Mr. Santiago’s actions.
How To File A Claim Against Eladio A. Santiago of Cambridge Investment Research, Inc. and Cambridge Investment Research Advisors, Inc. (previously with UBS Financial Services Inc. and Morgan Stanley) To Get Your Money Back.
If you have questions about Eladio Santiago, Cambridge Investment Research, Inc., Cambridge Investment Research Advisors, Inc., UBS Financial Services Inc., Morgan Stanley, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.