Published on:

Carlos Plaza-Domenech: Investors Seek Up To $1,000,000 in Puerto Rico Bond Complaints

Carlos Plaza-DomenechPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 7, 2018 indicate that former Texas-based Supreme Alliance broker Carlos Plaza-Domenech has received resolved or pending customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Plaza-Domenech (CRD# 3082565).

Carlos Plaza-Domenech has spent 18 years in the securities industry and was most recently registered with Supreme Alliance in Leander, Texas (2016-2017). Previous registrations include Kovack Securities in Fort Lauderdale, Florida (2015); UBS Financial Services in San Juan, Puerto Rico (2004-2015); UBS Financial Services in San Juan, Puerto Rico (2004-2015); and Oriental Financial Services in San Juan, Puerto Rico (1999-2004). He has passed one securities industry examination: Series 7 (General Securities Representative Examination), which he obtained on February 17, 1999. He is currently not registered as a broker with any state or firm.

According to his BrokerCheck report, he has received eight customer complaints and two pending customer complaints.

In May 2018 a customer alleged Carlos Plaza-Domenech, while employed at UBS Financial Services, recommended unsuitable, over-concentrated and misrepresented investments in Puerto Rico closed-end funds. The customer is seeking between $500,000 and $1,000,000 in damages in the pending complaint.

In September 2017 a customer alleged Carlos Plaza-Domenech, while employed at UBS Financial Services, recommended unsuitable and over-concentrated investments in Puerto Rico closed-end funds, and failed to disclose certain risks. The customer is seeking $300,000 in damages in the pending complaint.

In 2016 a customer alleged Carlos Plaza-Domenech, while employed at UBS Financial Services, recommended she concentrated the account in unsuitable, risky closed-end funds without diversification. The complaint settled in 2017 for $100,000.

In 2016 a customer alleged he, while employed at UBS Financial Services, recommended unsuitable investments, over-concentrated the account, and misrepresented material facts regarding Puerto Rico closed-end funds. the complaint settled in 2017 for $145,000.

In 2014 a customer alleged he, while employed at UBS Financial Services, misrepresented and recommended unsuitable investments. The complaint settled for $170,000.

In 2014 a customer alleged he, while employed at UBS Financial Services, misrepresented material facts, over-concentrated the account, and recommended unsuitable investments in Puerto Rico closed-end funds and municipal bonds. The complaint settled in 2016 for $170,000.

If you or someone you know has a complaint regarding Carlos Plaza-Domenech, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.