Raul Benitez, Formelry with Suntrust, Subject of Complaint Involving GIC

MIAMI, FLORIDA     Are you a current or former customer of advisor Raul Benitez, who previously worked with Suntrust Investment Services in Miami, Florida?  The securities and investment fraud law firm of Israels & Neuman is reviewing claims made by former customers against Raul Jorge Benitez.

According to FINRA’s BrokerCheck, he has been the subject of six customer complaints, five of which have been made within the last five years.  A 2021 complaint alleges losses in a guaranteed investment contract (or GIC) issued by Northstar Bermuda.  A 2023 complaint also alleges losses in the GIC recommended by Benitez, and a 2024 complaint alleges losses in annuities.

Suntrust Investment Services is a FINRA member firm and has obligations to perform due diligence on any products that it sells.  If the investment was not properly vetted and caused investor losses, Suntrust Investment Services could be liable for customer losses.

Israels & Neuman represents investors throughout the country, including investors in Florida.  Attorney David Neuman is licensed to practice law in Florida.  We have sued numerous firms in the past, including Suntrust Investment Services (now Truist Investment Services).

BrokerCheck report can be found HERE

 If you lost money with Raul Benitez, Northstar Bermuda, GICs, or Suntrust Investment Services, contact the law firm of ISRAELS & NEUMAN at (206) 795-5798 for a Free evaluation of your case.