Advisor Alert: Our Attorneys Are Investigating Pedro Jose Escobar For Investment Fraud
Did You Lose Money Because of Pedro Escobar?
Filed: March 21, 2024
Pedro Escobar (also known as Pedro J Escobar, Pedro Escobar) has been the subject of two (2) 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 Pedro Jose Escobar.
Who Is Pedro Jose Escobar of Ameriprise Financial Services, LLC?
- Advisor Name: Pedro Jose Escobar
- Aliases: Pedro J Escobar, Pedro Escobar
- CRD: 2785268
- Location: Davie, Florida
- Current Employer: Ameriprise Financial Services, LLC
- Previous Firms: Wells Fargo Clearing Services, LLC and Suntrust Investment Services, Inc.
- Number of Known Customer Complaints: 2
- Can Pedro Escobar Be Sued: Yes, in Private Arbitration
- Can Pedro Escobar’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: $42,000
If you have suffered investment losses by Pedro Escobar, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stock market losses 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 Pedro Escobar For Broker Misconduct
As of this publication date, Pedro Escobar has been the subject of 2 customer disputes. Let’s review them below.
In November 2022, a FINRA arbitration was filed against or in reference to Pedro Escobar by a customer of Suntrust Investment Services, Inc. alleging unsuitable recommendations. Per the customer, he/she lost over $500,000 because of Mr. Escobar’s actions. On April 14, 2023, Mr. Escobar settled the claim for $42,000, and some or all of this amount may have been paid by Mr. Escobar’s employer and/or insurance carrier.
In March 2009, a complaint was filed against or in reference to Pedro Escobar by a customer of Wachovia Securities, LLC alleging that the client told Mr. Escobar not to purchase variable, aggressive annuities. Mr. Escobar purchased variable annuities, and customer’s estimated losses are approximately $45,000. Per the customer, he/she lost over $45,103.89 because of Mr. Escobar’s actions.
How To File A Claim Against Pedro Escobar of Ameriprise Financial Services, LLC (previously with Wells Fargo Clearing Services, LLC and Suntrust Investment Services, Inc.) To Get Your Money Back
If you have questions about Pedro Escobar, Ameriprise Financial Services, LLC, Wells Fargo Clearing Services, LLC, Suntrust Investment Services, 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.