Puerto Rico Bonds

Iorio Altamirano LLP: Experienced Securities Arbitration Attorneys in Puerto Rico Municipal Bond Cases

Founding partners August M. Iorio and Jorge Altamirano have spent the past seven years helping hundreds of Puerto Ricans recover investment losses resulting from unsuitable concentration in Puerto Rico municipal bonds and Puerto Rico bond funds. We have handled all aspects of FINRA arbitration claims for individual investors, groups of investors, and Puerto Rican Cooperativas from inception through disposition, including:

  • Case management: We have handled hundreds of cases and have an extensive understanding of FINRA’s arbitration process, rules, and deadlines. August M. Iorio has ten years of experience as a securities arbitration attorney, and Jorge Altamirano has been a securities arbitration lawyer for seven years. We are thorough, do not miss deadlines, and use our vast knowledge of the process and rules to our clients’ advantage.
  • Discovery: FINRA’s rules provide for exchanging certain documents and information in preparation for the hearing. We have in-depth knowledge of all the discovery rules and how arbitrators tend to rule on discovery disputes. We are adept at managing electronic discovery (or “E-Discovery”) efficiently. Our experience allows us to streamline the discovery process for our clients and reduce their burden. We use our expertise to gather and present compelling and robust evidence to support our clients’ claims.
  • Motion practice: FINRA arbitrations often require written motions that seek relief from the arbitration panel when the parties cannot agree. For example, when a party refuses to produce documents requested by the other party, the party seeking the documents can file a written motion to compel discovery. The motion to compel discovery will set forth the records being sought and why they are relevant and should be produced. The opposing party has an opportunity to file a written response, called an opposition. We have drafted and filed successful discovery motions and oppositions to discovery motions. In addition to drafting hundreds of these discovery-related motions, we also have extensive experience in drafting other compelling and persuasive motions, including:
    • Oppositions to a Motion to Dismiss;
    • Oppositions to a Motion to Separate Claims;
    • Motions and Oppositions for Subpoenas to Testify;
    • Motions and Opposition for Subpoenas to Produce Documents;
    • Motions for Virtual Hearings; and
    • Motions to Amend Pleadings.
  • Oral arguments: After written motions are fully briefed, oral arguments are often required. Attorneys for both parties verbally present their factual and legal arguments to the arbitration panel and answer the arbitrators’ questions. We have argued hundreds of motions with great success against some of the world’s top law firms. We are proud of our record of advocating for our investor clients and obtaining favorable rulings.
  • Case Analysis: After all the relevant documents and information have been exchanged, our job is to evaluate the case. To do so, we review and interpret applicable laws and regulations, account-related documents, financial information, emails, notes, commissions runs, BrokerCheck Reports, pleadings, motions, expert reports, and other publicly available information. In addition, our team is well-equipped to review, analyze, and explain profit and loss analysis reports. These reports show how the investment accounts and investments have performed over time. August M. Iorio, who has a finance background, has dissected, prepared, and audited thousands of these reports. Jorge Altamirano has a keen ability to explain these reports, in plain language, to our clients.
  • Negotiation: August M. Iorio and Jorge Altamirano are both experienced negotiators and have helped settle hundreds of claims for Puerto Ricans. We know the opposition, and we know the process. We take the time to explain this process – and the numbers - to our clients. We show them respect and empathy. We have experience settling cases through mediation and direct settlement discussions.
  • Arbitration: August M. Iorio and Jorge Altamirano are skilled and experienced trial lawyers who focus exclusively on securities arbitration. We have represented customers in numerous FINRA arbitrations. Jorge Altamirano received his trial training through the National Institute of Trial Advocacy (NITA).
Iorio Altamirano Partners with Respected and Renowned Puerto Rico Law Firm Sánchez Betances, Sifre & Muñoz Noya

Iorio Altamirano LLP is proud to partner with former Puerto Rico Attorney General, Luis Sánchez Betances, and his law firm Sánchez Betances, Sifre & Muñoz Noya. We will work together to recover investor losses in risky Puerto Rico municipal bonds and Puerto Rico bond funds. Our firms have the experience, legal skills, and knowledge needed to help Puerto Ricans and Cooperativas recover investment losses resulting from unsuitable investment recommendations and misrepresentations in the sale of Puerto Rico municipal bonds and Puerto Rico bond funds.

For more information about Sánchez Betances, Sifre & Muñoz Noya, please visit their website.

Client Reviews
August Iorio is a wonderful, very competent attorney. He helped me through a very complicated financial situation to a result that benefitted me greatly. He is responsive, efficient, and very accommodating to my personal situation. I highly recommend him. Christine L.
I was impressed with August Iorio's directness and clarity in explaining the claim process and how it might work out. I also appreciated his promptness in getting back to me when I had questions or other concerns. Iorio Altamirano LLP is very good at what it does. Art H.
August Iorio was the lead on our case. His professional demeanor, partnered with his responsiveness to our questions, suggestions, and ideas made us feel as if we were a team with a common goal. He always kept us updated and informed and gave us realistic expectations which resulted in a timely, fair, and suitable settlement. We highly recommend the law firm of Iorio Altamirano LLP. EB & SB
August, I truly appreciate all you have done for me! Thank you. Carol P.
We had a wonderful experience with Mr. Jorge Altamirano, who is an excellent and competent lawyer. He took care of our case with high effectiveness and professionalism. Mr. Altamirano is always available to answer any questions from his clients and always provided us the appropriate follow-up in our case. It was an honor to have his professional services. Ana & Rolando M.
My experience in the past with attorney Jorge Altamirano, was excellent. He was highly competitive and professional. He was attentive, communicative, respectful, and kind from beginning to the end of resolution of my case. One of the most impressive attributes of this gentleman was his empathetic demeanor towards me, his calmness throughout all the process of my case. Dr. Mayra R.
The professional and outstanding guidance and assistance that Jorge Altamirano provided during my case was a key element towards a favorable negotiation. He was always vigilant of the case deadlines. I would work with him again in the future. Johnny M.
In our case, Mr. Altamirano showed integrity and professionalism, which without a doubt will help your future outcome. Ciso C.
Mr. Altamirano is very knowledgeable, responsible and reliable. I am very satisfied and grateful with the outcome of my case. Elsie D.
People who are the victims of broker fraud have to go through a complicated arbitration process which requires them to trust their attorney and take a lot on faith. August Iorio worked with me and my wife navigate the process, helping us get all the information his firm needed for what turned out to be a successful outcome. He was understanding and professional every time we dealt with his firm. Mitchell & Irene F.