As a dedicated advocates for investors’ rights, Meyer Wilson is currently investigating potential claims on behalf of individuals who have suffered financial losses due to the alleged misconduct of securities broker and financial advisor Rogerio T. Almeida, based in Orange City, Florida. During his tenure with Edward Jones from May 11, 2019, to September 7, 2022, Mr. Almeida’s professional conduct came under scrutiny, leading to serious concerns and regulatory action.
The matter of unauthorized outside business activities has brought Mr. Almeida into the spotlight. On June 27, 2023, the Financial Industry Regulatory Authority (FINRA) took disciplinary action against him. FINRA’s findings indicated that Mr. Almeida was involved in outside business activities as a mortgage loan officer without the requisite prior written notice to his employing firm. Despite earning substantial commissions amounting to $35,026, he allegedly misrepresented his involvement when questioned, leading to a fine and suspension from practicing as a broker.
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In addition to the FINRA sanctions, a client of Edward Jones raised a complaint alleging improper sales practices by Mr. Almeida. The issue at hand was his failure to adhere to the client’s request to liquidate a guided solutions account and transfer the funds to a money market fund, resulting in financial repercussions for the client. Edward Jones addressed this grievance by compensating the client, thus acknowledging the merit of their concerns.
Furthermore, Edward Jones severed ties with Mr. Almeida due to policy violations related to his external activities and the submission of false information on an activities disclosure document. This discharge raises red flags about his adherence to industry standards and the firm’s policies.
If you’ve experienced financial losses because of Rogerio Almeida, it’s imperative to understand that you may have options for seeking restitution. At Meyer Wilson, we specialize in assisting investors to recover their losses and have achieved successful outcomes for clients across the United States. We operate on a contingency fee basis, which means we advance all costs, and there are no fees unless we recover on your behalf.
Our lawyers are nationwide leaders in investment fraud cases.
It’s crucial to take action if you believe you’ve been wronged in your investment dealings. I invite you to contact us at Meyer Wilson by calling 866-938-2021 or visiting investorclaims.com to explore the possibility of recovering your investment losses. Our team of seasoned attorneys is geared up to provide you with the guidance and representation you deserve. Let us put our expertise to work for you, ensuring that your case is handled with the utmost care and professionalism.
Recovering Losses Caused by Investment Misconduct.