Juan Sosa Formerly with SagePoint Financial is Barred

STUDIO CITY, CALIFORNIA     Are you a former client of Juan Sosa in Studio City, California? The securities and investment fraud law firm of Israels & Neuman is investigating claims made against Juan Sosa, formerly with SagePoint Financial and Independent Financial Group.  It has been alleged that Sosa converted or stole $331,000 from an elderly customer  which resulted in him being “permitted to resign” by his brokerage firm in July 2022.

His resignation led to FINRA starting its own investigation. Sosa allegedly deposited over $220,000 to his own accounts and also wrote $111,000 in checks to pay off his own credit card bills.

Juan Sosa had been licensed with SagePoint Financial from 2005 to July 2022.  He worked at Independent Financial Group from August 2022 to March 2024 in Studio City, California. In addition, he has been the subject of multiple customer complaints.

SagePoint Financial is a FINRA member and is required to sufficiently monitor the acts of its representatives.  If the firm fails to do so, it could be responsible for investor losses.  Our law firm has recovered millions of dollars for investors in the past, including numerous investors in California.

View FINRA AWC HERE

 View BrokerCheck Report HERE

If you lost money with Juan Sosa, or SagePoint Financial, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.