$361,629 Ledesma v Popular Securities PR Bond and Fund Award
In July 2016, a FINRA panel in San Juan, PR ordered Popular Securities to pay the Claimant at least $361,629 including compensatory damages, attorneys' fees, expert witness fees and costs. The award is available here. The subject investments included Puerto Rico closed end bond funds co-managed by UBS and Popular and individual Puerto Rico municipal bonds. Craig McCann testified on liability and damages.