If you have suffered losses with Lakewood, Colorado stockbroker Daniel Heredia Macias, CALL (860) 920-5181 for a FREE Consultation regarding your investment loss recovery options.

According to a recent FINRA reports, Daniel Heredia Macias was recently discharged from Wells Fargo Bank following allegations that he accepted funds from bank customers after Daniel Heredia Macias allegedly advised Wells Fargo customers that he invested the funds for them. Upon information and belief, Daniel Heredia Macias allegedly represented to customers that he was purchasing a bank investment yielding a low interest rate of return. However, contrary to his representations, Daniel Heredia Macias allegedly did not invest the funds for the Wells Fargo customers as he had represented to them. According to FINRA reports, those funds were deposited into an account in the name of a personal acquaintance of Daniel Heredia Macias, and some of the funds were allegedly transferred to outside institutions for the benefit of Daniel Heredia Macias.

Both FINRA rules and Colorado law prohibit the misappropriation, conversion or theft of customer funds by a stockbroker or banker of the firm. If a stockbroker or banker like Daniel Heredia Macias violates FINRA rules and Colorado law by misappropriating or converting customer funds, both the broker (Daniel Heredia Macias) and the brokerage firm/bank (Wells Fargo) can be held liable for the losses.

If you are have suffered losses with former Colorado-based Wells Fargo broker Daniel Heredia Macias, you may be able to recover your losses against Wells Fargo through FINRA arbitration or securities litigation. Please call Kons Law Firm at (860) 920-5181 for a FREE, NO OBLIGATION consultation to discuss your investment loss recovery options.

Kons Law Firm represents investors nationwide in securities arbitration and litigation matters. To learn more about the Firm’s securities litigation and FINRA arbitration practice, please visit www.investmentfraudattorneys.com.