Advisor Alert: Our Attorneys Are Investigating Xavier Clemente Felipe For Investment Fraud
Did You Lose Money Because of Xavier Felipe?
Filed: January 16, 2024
Xavier Felipe 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 Xavier Clemente Felipe.
Who Is Xavier Clemente Felipe of American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc.?
- Advisor Name: Xavier Clemente Felipe
- Aliases: Xavier Felipe
- CRD: 2024428
- Location: Bohemia and Holbrook, New York
- Current Employer: American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc.
- Previous Firms: Janney Montgomery Scott LLC and Painewebber Incorporated
- Number of Known Customer Complaints: 1
- Can Xavier Felipe Be Sued: Yes, in Private Arbitration
- Can Xavier Felipe’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $93,531.23
- Highest Settlement: $18,409.34
If you have suffered investment losses by Xavier Felipe, 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 Xavier Felipe For Broker Misconduct
As of this publication date, Xavier Felipe 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 Xavier Felipe by a customer of American Portfolios Financial Services, Inc. alleging unsuitable investments, breach of fiduciary duty, violation of FINRA Rule 2090, and violation of FINRA Rule 2010. Per the customers, they lost over $93,531.23 because of Mr. Felipe ’s actions. On March 12, 2021, Mr. Felipe settled the claim for $18,409.34, and some or all of this amount may have been paid by Mr. Felipe’s employer and/or insurance carrier.
How To File A Claim Against Xavier Felipe of American Portfolios Financial Services, Inc. and American Portfolios Advisors, Inc. (previously with Janney Montgomery Scott LLC and Painewebber Incorporated) To Get Your Money Back
If you have questions about Xavier Felipe, American Portfolios Financial Services, Inc., American Portfolios Advisors, Inc., Janney Montgomery Scott LLC, Painewebber Incorporated, 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.