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Robert Lapetina: Thirty One Resolved/Pending Customer Complaints

Robert LapetinaPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on January 9, 2017 indicate that Puerto Rico-based Nationwide Planning Associates broker/adviser Robert Lapetina has been the subject of numerous resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Lapetina (CRD# 2547888).

Robert Lapetina has spent 22 years in the securities industry and has been registered with Nationwide Planning Associates in Mayaguez, Puerto Rico since June 2016. Previous registrations include UBS Financial Services Incorporated of Puerto Rico in Mayaguez, Puerto Rico; UBS Financial Services in Mayaguez, Puerto Rico; Santander Securities in Dorchester, Massachusetts; and Merrill Lynch in New York, New York. He is a registered broker and investment adviser with Florida, New York, Pennsylvania, and Puerto Rico.

According to his BrokerCheck report, Robert Lapetina has received ten customer complaints and 21 pending customer complaints.

In 2016 a customer alleged Robert Lapetina, while employed at UBS Financial Services, recommended unsuitable, over-concentrated investments which he misrepresented. The customer is seeking $1,004,200 in damages in the pending complaint.

In 2016 a customer alleged Robert Lapetina, while employed at UBS Financial Services, failed to follow instructions. The customer is seeking $133,654 in damages in the pending complaint.

In 2014 a customer alleged Robert Lapetina, while employed at UBS Financial Services, recommended unsuitable closed-end funds whose risks he failed to disclose. The complaint settled in 2016 for $200,000.

In 2014 a customer alleged he, while employed at UBS Financial Services, misrepresented and recommended unsuitable investments. The complaint settled for $450,000.

In 2014 a customer alleged he, while employed at UBS Financial Services, recommended an unsuitable concentration of closed-end funds and failed to disclose the investments’ risks. The complaint settled in 2016 for $155,000.

In 2014 a customer alleged he, while employed at UBS Financial Services, misrepresented and recommended unsuitable investments. The complaint settled for $182,500.

In 2014 a customer alleged he, while employed at UBS Financial Services, recommended unsuitable investments in over-concentrated position and failed to disclose the investments’ risky nature. The complaint settled in 2015 for $250,000.

If you or someone you know has a complaint regarding Robert Lapetina, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup lost funds. Fitapelli Kurta accepts every case on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.