Advisor Alert: Our Attorneys Are Investigating Felipe Nery Arrieta For Investment Fraud
Did You Lose Money Because of Felipe Arrieta?
Filed: March 19, 2024
Felipe Arrieta currently has two (2) pending customer complaints. Overall, he has been the subject of six (6) 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 Felipe Nery Arrieta.
Who Is Felipe Nery Arrieta of Vestech Securities, Inc.?
- Advisor Name: Felipe Nery Arrieta
- Aliases: Felipe Arrieta
- CRD: 4142123
- Location: St. Louis, Missouri
- Current Employer: Vestech Securities, Inc.
- Previous Firms: Great Point Capital LLC, Moloney Securities Co., Inc., and San Blas Securities LLC
- Number of Known Customer Complaints: 6
- Can Felipe Arrieta Be Sued: Yes, in Private Arbitration
- Can Felipe Arrieta’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $750,000
- Highest Settlement: $90,000
If you have suffered investment losses by Felipe Arrieta, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty 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 Felipe Arrieta For Broker Misconduct
As of this publication date, Felipe Arrieta has been the subject of 6 customer disputes. Let’s review them below.
In February 2023, a FINRA arbitration was filed against or in reference to Felipe Arrieta by a customer of SW Financial alleging misrepresentation, negligence, unsuitability, and breach of fiduciary duty. Per the customer, he/she lost over $5,000 because of Mr. Arrieta’s actions. As of this publication date, this claim remains pending.
In January 2023, a FINRA arbitration was filed against or in reference to Felipe Arrieta by a customer of SW Financial alleging overconcentration, excessive risk, misrepresentation, inadequate due diligence, and excessive commissions. Per the customer, he/she lost over $747,000 because of Mr. Arrieta’s actions. As of this publication date, this claim remains pending.
In April 2017, a FINRA arbitration was filed against or in reference to Felipe Arrieta by a customer of Revere Securities LLC alleging misuse of margin, losses, and negligence. Per the customer, he/she lost over $210,000 because of Mr. Arrieta’s actions. On November 29, 2018, Mr. Arrieta settled the claim for $90,000, and some or all of this amount may have been paid by Mr. Arrieta’s employer and/or insurance carrier.
In November 2011, a complaint was filed against or in reference to Felipe Arrieta by a customer of Capital Guardian LLC alleging unauthorized trading. Per the customer, he/she lost over $15,000 because of Mr. Arrieta’s actions.
In February 2008, a complaint was filed against or in reference to Felipe Arrieta by a customer of VFinance Investments, Inc. alleging unauthorized trading, poor management, and manipulation of information. Per the customer, he/she lost over $5,001 because of Mr. Arrieta’s actions.
In July 2006, a NASD arbitration was filed against or in reference to Felipe Arrieta by a customer of Newbridge Securities Corporation alleging suitability, use of margin, unauthorized trading, and breach of fiduciary duty. Per the customer, he/she lost over $750,000 because of Mr. Arrieta’s actions. On May 17, 2007, Mr. Arrieta settled the claim for $60,000, and some or all of this amount may have been paid by Mr. Arrieta’s employer and/or insurance carrier.
How To File A Claim Against Felipe Arrieta of Vestech Securities, Inc. (previously with Great Point Capital LLC, Moloney Securities Co., Inc., and San Blas Securities LLC) To Get Your Money Back
If you have questions about Felipe Arrieta, Vestech Securities, Inc., Great Point Capital LLC, Moloney Securities Co., Inc., San Blas Securities LLC, 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.