Advisor Alert: Our Attorneys Are Investigating Fermin Alberto Mesina For Investment Fraud
Did You Lose Money Because of Fermin Mesina?
Filed: March 19, 2024
Fermin Mesina currently has one (1) pending customer complaint. Overall, he has been the subject of two (2) customer complaints and one (1) financial event. 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 Fermin Alberto Mesina.
Who Is Fermin Alberto Mesina of Osaic Institutions, Inc.?
- Advisor Name: Fermin Alberto Mesina
- Aliases: Fermin Mesina
- CRD: 4619199
- Location: Chula Vista, California
- Current Employer: Osaic Institutions, Inc.
- Previous Firms: First Brokerage America, L.L.C. and Insight Securities, Inc.
- Number of Known Customer Complaints: 2
- Number of Known Financial Events: 1
- Can Fermin Mesina Be Sued: Yes, in Private Arbitration
- Can Fermin Mesina’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: $300,000
If you have suffered investment losses by Fermin Mesina, 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 Fermin Mesina For Broker Misconduct
As of this publication date, Fermin Mesina has been the subject of 2 customer disputes and 1 financial event. Let’s review them below.
In February 2023, Fermin Mesina filed for bankruptcy in the US Bankruptcy Court.
In January 2023, a FINRA arbitration was filed against or in reference to Fermin Mesina by a customer of Infinex Investments, Inc. alleging that Mr. Mesina failed to perform adequate due diligence and concentrated a large portion of the client’s net worth into this investment vehicle. Per the customer, he/she lost over $500,000 because of Mr. Mesina’s actions. As of this publication date, this claim remains pending.
In April 2022, a FINRA arbitration was filed against or in reference to Fermin Mesina by a customer of Infinex Investments, Inc. alleging breach of contract, negligence, breach of fiduciary duty, and violation of CA Corporations Code. Per the customer, he/she lost over $350,000 because of Mr. Mesina’s actions. On July 12, 2023, Mr. Mesina settled the claim for $300,000, and some or all of this amount may have been paid by Mr. Mesina’s employer and/or insurance carrier.
How To File A Claim Against Fermin Mesina of Osaic Institutions, Inc. (previously with First Brokerage America, L.L.C. and Insight Securities, Inc.) To Get Your Money Back
If you have questions about Fermin Mesina, Osaic Institutions, Inc., First Brokerage America, L.L.C., Insight Securities, Inc., 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.