Gerardo Latimer-Janer is a Florida based securities broker. He has worked in the securities industry for twenty years. During his career, he has been registered with seven different securities firms.
His registrations include; MDS Securities Incorporated (1996-1997), Salomon Smith Barney (1998-2001), Citicorp Financial Services Corporation (2001-2003), BBVA Securities of Puerto Rico (2003-2006), Consultiva Securities (2007-2010), UBS Financial Services (2010-2014), and Morgan Stanley (2014-Present).
Gerardo Latimer-Janer’s publicly available FINRA BrokerCheck report shows that he has received multiple customer complaints over the course of his career.
In September 2015, customers alleged misrepresentations, unsuitability, and over-concentration concerning their investments in Puerto Rico municipal bonds, closed-end funds, and preferred stocks. This case was settled for $209,000 in damages.
In March 2018, an attorney, on behalf of a customer alleged unsuitability, misrepresentation, and over-concentration in Puerto Rico municipal bonds. This case is currently pending. The customer is seeking $10 million in damages.
In December 2018, a claimant, a credit union, alleged that its funds were invested in unsuitable Puerto Rico municipal bonds. The claimant also alleged that the investments were misrepresented as safe and low-risk. This case is currently pending. The claimant is seeking $4 million in damages.
Gerardo Latimer-Janer received two complaints in January 2019 from customers alleging that their investments in Puerto Rico municipal bonds were unsuitable, over-concentrated and misrepresented as safe investments. Both cases are currently pending. Both customers are seeking $1 million in damages.
Oakes & Fosher dedicates its entire legal practice to helping investors across the nation. If you, or someone you know, have lost money investing with Gerardo Latimer-Janer, please contact Oakes & Fosher for a free and private consultation.