Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on February 12, 2018 indicate that Arizona-based Union Capital Company broker/adviser Francisco Almada has been involved in resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Almada (CRD# 1575694).
Francisco Almada has spent 26 years in the securities industry and has been registered with Union Capital Company in Tucson, Arizona since 2001. Previous registrations include Northeast Securities in Tucson, Arizona (2015-2016); Torrey Pines Securities in San Diego, California (1999-2001); Bench Securities Corporation in Fort Lee, New Jersey (1996-1997); WestAmerica Investment Group in Scottsdale, Arizona (1996); Wells Fargo Securities in San Francisco, California (1994); Banc One Arizona Investment Services Corporation (1993-1994); Lehman Brothers in New York, New York (1992-1993); Prudential-Bache Securities in New York, New York (1989-1990); and Dean Witter Reynolds in Purchase, New York (1986-1989). He has passed six securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on March 2, 2007; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 19, 1987; Series 3 (National Commodity Futures Examination), which he obtained on January 20, 2009; Series 7 (General Securities Representative Examination), which he obtained on November 15, 1986; Series 28 (Introducing Broker/Dealer Financial Operations Principal Examination), which he obtained on March 28, 2002; and Series 24 (General Securities Principal Examination), which he obtained on April 4, 1997. He is a registered broker and investment adviser with six US states: Arizona, California, Colorado, Georgia, Hawaii, and Indiana.
According to his BrokerCheck report, he has received one customer complaint and one pending customer complaint.
In 2016 a customer alleged Francisco Almada, while employed at Union Capital Company, failed in his supervisory duties in connection to over-the-counter and listed equities. The customer is seeking $500,000 in damages in the pending complaint.
In 2011 a customer alleged Francisco Almada, while employed at Union Capital Company, breached his fiduciary duty, made unsuitable investment recommendations, and failed in his supervisory duties in connection to investments in financial futures and mutual funds. The complaint settled for $38,500.
If you or someone you know has lost money investing with Francisco Almada, call the experienced attorneys at Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.