Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Perez-cubero (Perez-cubero), previously associated with Morgan Stanley, has at least 2 disclosable events. These events include one customer complaint, one tax lien, alleging that Perez-cubero recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on September 11, 2024.
Without admitting or denying the findings, Perez-Cubero consented to the sanction and to the entry of findings that he failed to produce information and documents requested by FINRA during an investigation that originated from a Form U5 filed by his member firm. The findings stated that the firm disclosed on the Form U5 that Perez-Cubero had been terminated due to allegations of an unauthorized disbursement from a customer’s checking account that was covered by an unauthorized transfer from customer’s brokerage account. Although Perez-Cubero initially cooperated with FINRA’s investigation by providing documents and information and appearing for testimony, ultimately, he ceased doing so.
