FINRA Bars John Perez-Cubero after Allegations of Conversion
According to the Financial Industry Regulatory Authority (FINRA), the self-regulator has reportedly barred financial advisor John Perez-Cubero (CRD#: 6674954) from acting as a broker.
On October 6, 2023, Perez-Cubero’s member firm, Morgan Stanley reportedly filed a Uniform Termination Notice for Securities Industry Registration (Form U5), disclosing that PerezCubero had been terminated due to “allegations of unauthorized disbursement from customer’s checking account covered by unauthorized transfer from customer’s brokerage account.”
On September 10, 2024, Perez-Cubero reportedly agreed to the sanctions after FINRA recommended that disciplinary action be brought against him for allegations of conversion and improper use of the funds of a firm customer. According to FINRA’s findings, Perez-Cbero also allegedly attempting to settle a customer complaint without knowledge or approval of the firm.
FINRA BrokerCheck – John Perez-Cubero
The FINRA BrokerCheck tool is a free online tool that allows investors to research and verify the background and credentials of financial brokers, brokerage firms, and investment advisors registered with FINRA.
Investors can use the tool to verify whether a broker or brokerage firm is registered with FINRA, as well as to review their employment history, licensing status, and any regulatory actions or complaints filed against them.
John Perez-Cubero was reportedly registered with the following brokerage firms during his career in the securities industry:
04/04/2018 – 10/06/2023, MORGAN STANLEY (CRD#:149777), Short Hills, NJ
10/26/2016 – 02/13/2017, MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED (CRD#:7691), SHORT HILLS, NJ
Free Consultation with National Securities Attorneys
If you have suffered investment losses with John Perez-Cubero and Morgan Stanley, the securities attorneys at the White Law Group may be able to help you. For a free consultation with a securities attorney, please call (888) 637-5510.
About the White Law Group
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to helping investors in claims in all 50 states against their financial professional or brokerage firm. Since the firm launched in 2010, it has handled over 700 FINRA arbitration cases.
Our firm represents investors in all types of securities related claims, including claims involving stock fraud, broker misrepresentation, churning, unsuitable investments, selling away, and unauthorized trading, among many others.
With over 30 years of securities law experience, The White Law Group has the expertise to help investors to recover their securities fraud losses.
Last modified: September 12, 2024
