Former Western International Securities Inc. broker Ernesto Chavez Jr. (CRD# 4315877) faces customer complaints related to corporate debt. He has been registered with Emerson Equity LLC in San Mateo, California, since 2022. Previously, he was registered with Western International Securities in Nogales, Arizona, from 2015 to 2022. Prior to then, he was registered with J.P. Turner & Company, L.L.C. in Nogales, Arizona, from 2010 to 2015, with United Planners’ Financial Services Of America A Limited Partner in Scottsdale, Arizona, from March to April 2010, and with Edward Jones in Nogales, Arizona from 2001 to 2010, when he was terminated regarding “Chavez was permitted to resign during the course of a compliance investigation into concerns about his knowledge of activity taking place in client accounts.”
Ernesto Chavez Jr. Customer Complaints
He has been the subject of two customer complaints in 2022, according to his CRD report:
October 2022. “Unsuitable recommendations, Misrepresentations.” The customer is seeking $210,000 in damages, and the case is currently pending. The complaint was regarding corporate debt.
October 2022. “Breach of Contract, Violation of Securities Statutes, Breach of Fiduciary Duty, Claims under common law, Vicarious Liability.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint was regarding corporate debt.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Western International Securities may be liable for investment or other losses suffered by Ernesto Chavez Jr.’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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