The Law Firm of David R. Chase, P.A. announces that it representing former clients of financial advisor Ricardo Blanco in a FINRA arbitration claim that names, among others, Ricardo Blanco and vFinance Investments, Inc., the Florida based securities broker-dealer that employed him, to recover their investment losses.
The FINRA arbitration claim alleges that Ricardo Blanco, while an associated person of vFinance Investments from approximately April 2006 through approximately April 2010, made unsuitable investment recommendations, misrepresented the true nature of, and failed to disclose the material risks associated with, such investments, and created an unsuitable portfolio comprised of low-priced securities, volatile and speculative technology stocks and reverse convertible securities.
The arbitration claim also alleges that Ricardo Blanco diverted the Claimants' vFinance monthly account statements to an address controlled by him and, for a period of time, sent to Claimants false monthly account statements that reflected investment assets that either did not exist or that grossly inflated the true value of the assets owned.
The FINRA arbitration suits alleges misrepresentation and omissions as to Ricardo Blanco, negligence, breach of fiduciary duty and a failure to reasonably supervise as to the broker-dealer respondents. The suit seeks the recovery of investment losses, pre-judgment interest, the costs of the arbitration and punitive damages.
If you or a family member were clients of Ricardo Blanco while he was employed by vFinance Investments and lost monies, call me directly on a confidential basis to discuss whether you may have a basis to recover your investment losses at:
(888) 337-8625 (toll free).
Cases taken on a contingency basis, meaning if there is no recovery, you owe no attorney's fees or costs to the law firm.
The Law Firm of David R. Chase, P.A., based in Fort Lauderdale, Florida, represents investors nationwide in cases against the major Wall Street Firms. The Firm's principal, David R. Chase, has been practicing for over 19 years, is AV-Rated by Martindale-Hubbell -- its highest competence and ethics rating -- and previously served as a securities prosecutor for the Federal Government. More about the firm is available on its website at: www.stockfraudlawyer.net.
Law Firm of David R. Chase, P.A.
1700 East Las Olas Boulevard, Suite 305
Fort Lauderdale, FL 33301
888-337-8625 (Toll Free)
954-920-7779
Email: david@davidchaselaw.com
