Advisor Alert: Our Attorneys Are Investigating Juan C. Alejos For Investment Fraud
Did You Lose Money Because of Juan Alejos?
Filed: January 16, 2024
Juan C. Alejos (also known as John Alejos) currently has two (2) pending customer complaints and one (1) pending judgment/lien event. Overall, he has been the subject of four (4) regulatory events, one (1) termination event, one (1) judgment/lien event, and five (5) 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 Juan C. Alejos.
Who Is Juan C. Alejos?
- Advisor Name: Juan C. Alejos
- Aliases: John C Alejos, John Alejos
- CRD: 4108723
- Location: New York, New York
- Current Employer: No Longer Allowed to Practice in the Securities Industry
- Previous Firms: Spartan Capital Securities, LLC, Charles Morgan Securities, Inc., and Pointe Capital, Inc.
- Number of Known Customer Complaints: 5
- Number of Known Termination Events: 1
- Number of Known Regulatory Events: 4
- Number of Known Judgment/Lien Events: 1
- Can Juan Alejos Be Sued: Yes, in Private Arbitration
- Can Juan Alejos’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $515,000
- Highest Settlement: $7,909.60
If you have suffered investment losses by Juan Alejos, 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 Juan Alejos For Broker Misconduct
As of this publication date, Juan Alejos has been the subject of 4 regulatory events, 1 termination event, 1 judgment/lien event, and 5 customer disputes. Let’s review them below.
In September 2020, a complaint was filed against or in reference to Juan Alejos by a customer of Spartan Capital Securities, LLC alleging unsuitable investments. Per the customer, he/she lost over $515,000 because of Mr. Alejos’s actions. As of this publication date, this complaint remains pending.
In June 2016, FINRA initiated a regulatory event against or in reference to Juan Alejos for failing to respond to FINRA request for information.
In December 2015, Spartan Capital Securities, LLC allowed Juan Alejos to resign subsequent to FINRA notifying the firm of outside business activities, along with possible participation in a potential private securities transaction away from the firm, which is currently being investigated by the firm.
In July 2013, a FINRA arbitration was filed against or in reference to Juan Alejos by a customer of Spartan Capital Securities, LLC alleging unauthorized trade. Per the customer, he/she lost over $112,391.02 because of Mr. Alejos’s actions. As of this publication date, this complaint remains pending.
In May 2011, Juan Alejos was the subject of a civil judgment or lien in the amount of $75,912.21. In general, judgment liens are court rulings that give a creditor the right to take possession of a debtor’s property when the debtor has failed to fulfill his or her contractual obligations. Sometimes, these types of disclosures reflect IRS judgments, tax liens, and/or civil judgments against a financial advisor.
In January 2008, a complaint was filed against or in reference to Juan Alejos by a customer of Fordham Financial Management, Inc. alleging that the purchase of 2000 shares of China Development Group was unauthorized. Per the customer, he/she lost over $5,563 because of Mr. Alejos’s actions. On January 22, 2006, Mr. Alejos settled the claim for $5,563, and some or all of this amount may have been paid by Mr. Alejos’s employer and/or insurance carrier.
In January 2008, a complaint was filed against or in reference to Juan Alejos by a customer of Fordham Financial Management, Inc. alleging that the purchase of 2000 shares of China Development Group was unauthorized. Per the customer, he/she lost over $7,909.60 because of Mr. Alejos’s actions. On January 8, 2008, Mr. Alejos settled the claim for $7,909, and some or all of this amount may have been paid by Mr. Alejos’s employer and/or insurance carrier.
In July 2006, a complaint was filed against or in reference to Juan Alejos by a customer of Fordham Financial Management, Inc. The customer is an experienced, sophisticated, accredited investor who maintained a number of accounts outside of Fordham and two accounts at Fordham, both of which were profitable until the purchases of GNBT, CESV, ERS,and GTE between 1/2006 and 5/2006. All transactions were authorized, consistent with historical transactions, and compliant with stated investment objectives. As securities lost value, the customer alleges concerns about “timing of call and the nature of the investment proposals” and states that he felt “pressure” and now seeks “compensation for four particular transactions”. Per the customer, he/she lost over $87,443 because of Mr. Alejos’s actions.
In January 2005, Illinois initiated a regulatory event against or in reference to Juan Alejos because his registration as a salesperson in the state of Illinois is allegedly subject to revocation pursuant to section 8.e(1)(j) of the Illinois securities law.
In May 2004, NASD initiated a regulatory event against or in reference to Juan Alejos for soliciting a public customer to purchase a security and during the solicitation misrepresented material facts and made baseless price projections and failed to mention that he wasn’t registered to sell securities in Utah.
In March 2003, Utah Division of Securities initiated a regulatory event against or in reference to Juan Alejos for alleged fraud; misrepresentations of material fact; and acting as an unlicensed agent.
How To File A Claim Against Juan Alejos (previously with Spartan Capital Securities, LLC, Charles Morgan Securities, Inc., and Pointe Capital, Inc.) To Get Your Money Back.
If you have questions about Juan Alejos, Spartan Capital Securities, LLC, Charles Morgan Securities, Inc., Pointe Capital, 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.