Advisor Alert: Our Attorneys Are Investigating Francisco Javier Cabral For Investment Fraud

Did You Lose Money Because of Francisco Cabral?

Filed: January 24, 2024

Francisco Cabral has been the subject of one (1) customer complaint. 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 Francisco Javier Cabral.

Who Is Francisco Javier Cabral of Ameriprise Financial Services, LLC?

  • Advisor Name: Francisco Javier Cabral
  • Aliases: Francisco Javier Javier Cabral
  • CRD: 5257195
  • Location: Greenwich, Connecticut
  • Current Employer: Ameriprise Financial Services, LLC
  • Previous Firms: David Lerner Associates, Inc.
  • Number of Known Customer Complaints: 1
  • Can Francisco Cabral Be Sued: Yes, in Private Arbitration
  • Can Francisco Cabral’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $800,000
  • Highest Settlement: $50,000

If you have suffered investment losses by Francisco Cabral, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a portfolio mismanagement 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 Francisco Cabral For Broker Misconduct

As of this publication date, Francisco Cabral has been the subject of 1 customer dispute. Let’s review it below.

In March 2020, a FINRA arbitration was filed against or in reference to Francisco Cabral by a customer of David Lerner Associates, Inc. alleging unsuitability, misrepresentation/omission, breach of fiduciary duty,  and failure to supervise. Per the customer, he/she lost over $23,804 because of Mr. Cabral’s actions. On August 26, 2021, Mr. Cabral settled the claim for $50,000, and some or all of this amount may have been paid by Mr. Cabral’s employer and/or insurance carrier.

How To File A Claim Against Francisco Cabral of Ameriprise Financial Services, LLC (previously with David Lerner Associates, Inc.) To Get Your Money Back

If you have questions about Francisco Cabral, Ameriprise Financial Services, LLC, David Lerner Associates, 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.