Corecap Investments Broker, Judith Villareal, Has Had Four Customer Complaints Since 2017
The Wolper Law Firm is currently investigating claims against Judith Villareal, a Financial Advisor at Corecap Investments, Inc. in Southfield, Michigan. Judith Villareal has been in the securities industry since the 1997 and previously worked for Midamerica Financial Services, which was expelled from the industry.
According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), since 2017, Judith Villareal has been the subject of four customer complaints, alleging sales practice violations. All of the matters have been settled by Corecap Investments. The specific allegations against Judith Villareal include the following:
- April 2018—“Allegations arise solely out of Villareal’s control person status during the occurrence of alleged thefts by an RR of the firm.” The matter was settled for $170,000.
- February 2018—“Claimant alleges that RR Ernest Romer stole money” and that Judith Villareal failed to supervise. The matter was settled for $27,500.
- July 2017—“Claimant alleges that an RR of the firm stole money from her and that registrant failed to prevent such theft.” The matter was settled for $75,000.
- July 2017—“Claimant alleges that broker stole money from claimant and registrant failed to present the theft.” The matter was settled for $57,500.
For a full copy of Judith Villareal’s disclosure report, click https://brokercheck.finra.org/individual/summary/1795375#disclosuresSection
Financial advisors have a legal and regulatory obligation to recommend only suitable investments that are appropriate for their clients’ needs and objectives. Their employing brokerage firm has a legal and regulatory obligation to supervise the Financial Advisors’ sales practices and dealings with clients. To the extent any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
If you or someone you know was a customer of Judith Villareal and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at email@example.com to discuss your specific situation and the legal options available. The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.
Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters.
- Former West Park Capital, Inc. and Laidlaw & Company LTD Broker, Bryan Mazliach, Investigated By FINRA For Alleged Violation Of FINRA Rules
- Former BMO Harris Financial Advisors, Inc. Broker, Lori Ann Sacco, Suspended Six Months By FINRA For Allegedly Altering Customer Account Documents
- Former Woodbury Financial Services, Inc. Broker, Jodie Lane, Suspended Six Months By FINRA For Allegedly Accepting Gifts And Becoming Beneficiary Of A Client
- Broker, Kimberley Schkade-Hill, Supsended by FINRA For Four Months And Fined $10,000 For Allegedly Having Clients Sign Documents In Blank
- LPL Financial LLC Broker, Matthew Clason, Is The Subject Of An SEC Enforcement Action For Allegedly Stealing Hundreds Of Thousands Of Dollars From A Client
- Former Capitol Securities Management Inc. Broker, Michael Rubel, Suspended By FINRA For 45 Days For Allegedly Engaging In Short-term Trading Of Unit Investment Trusts
- Recovering Your Investment Losses In Non-Traded Real Estate Investment Trusts And Business Development Companies
- Former Westpark Capital, Inc. Broker, Hary Datys, Suspended By FINRA For Fifteen Months For Allegedly Failing To Conduct Due Diligence Before Selling Promissory Notes
- Former Ameriprise Financial Services, LLC Advisor, Arthur Hoffman, Barred By FINRA For Allegedly Failing To Provide Documents In Relation To Investigation Into Outside Business Activities
- Crown Capital Securities Broker, Kenneth Barroga, Has Had Four Customer Complaint Disclosures