Advisor Alert: Our Attorneys Are Investigating Hector Jesus Hernandez For Investment Fraud
Did You Lose Money Because of Hector Hernandez?
Filed: January 30, 2024
Hector Hernandez currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) regulatory event, one (1) termination event, and 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 Hector Jesus Hernandez.
Who Is Hector Jesus Hernandez?
- Advisor Name: Hector Jesus Hernandez
- Aliases: Hector J Hernandez
- CRD: 4654126
- Location: San Antonio, Texas
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Peak Brokerage Services, LLC, Money Concepts Capital Corp, and Next Financial Group, Inc.
- Number of Known Customer Complaints: 1
- Number of Known Regulatory Events: 1
- Number of Known Termination Events: 1
- Can Hector Hernandez Be Sued: Yes, in Private Arbitration
- Can Hector Hernandez’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: Unknown
If you have suffered investment losses by Hector Hernandez, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 Hector Hernandez For Broker Misconduct
As of this publication date, Hector Hernandez has been the subject of 1 regulatory event, 1 termination event, and 1 customer dispute. Let’s review them below.
In November 2023, FINRA initiated a regulatory action against or in reference to Hector Hernandez for refusing to appear for on-the-record testimony requested by FINRA in connection with its investigation into his potential failure to disclose an OBA while he was associated with his member firm.
In August 2022, a FINRA arbitration was filed against or in reference to Hector Hernandez by a customer of Money Concepts Capital Corp alleging unsuitability, breach of contract, violation of FINRA rules, annuity switches, and failure to disclose commission sharing arrangement with accountant in connection with products sold away from the firm. As of this publication date, this claim remains pending.
In December 2021, Money Concepts Capital Corp terminated Hector Hernandez for alleged possibility of failing to disclose outside business activity.
How To File A Claim Against Hector Hernandez (previously with Peak Brokerage Services, LLC, Money Concepts Capital Corp, and Next Financial Group, Inc.) To Get Your Money Back
If you have questions about Hector Hernandez, Peak Brokerage Services, LLC, Money Concepts Capital Corp, Next Financial Group, 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.