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Luis Paredes Calvo Involved in a $5,000,000 Dispute

Luis Paredes Calvo (CRD #: 5892510), a broker registered with Citi International Financial Services, is involved in an investor dispute, according to his BrokerCheck record, accessed on August 10, 2021. This is the second investor dispute on his record.

On June 4, 2021, an investor alleged that Luis Paredes Calvo over-concentrated certain securities in an investor’s portfolio. The investor is seeking $5,000,000; the dispute is pending.

On March 5, 2019, an investor alleged that Luis Paredes Calvo omitted material facts about the Bond Noble Group LTD repurchase process. The investor sought $159,058 but the dispute was denied. Firms can deny disputes without any type of FINRA review – “denials” simply indicate that the firm denied their representative engaged in misconduct. Investors can still recover losses following a denial.

Luis Paredes Calvo Background Information

Paredes Calvo has passed the following exams:

  • Securities Industry Essentials Examination
  • Series 7 General Securities Representative Examination

He is a registered broker in Puerto Rico.

During his 10 years in the securities industry, Luis Gonzalo Paredes has only worked with Citi International Financial Services (CRD #: 17053).

Kurta Law Can Help

If you worked with Luis Paredes Calvo and you have concerns about your investments, contact Kurta Law today. Call 877-600-0098 or email info@kurtalawfirm.com.