Category: Unsuitable Investments
Cambridge Investment Research, Inc. broker John Pronovost (CRD# 1990612) is accused of recommending unsuitable investments in LJM funds. Pronovost has been registered with Cambridge Investment Research, Inc. in Watertown, Connecticut since 2008. If your Pronovost sold you the LJM Funds … Continue reading
Barred broker Rand Heckler (CRD# 2689235) is accused of recommending unsuitable investments to clients, resulting in losses. Heckler was registered with Benjamin & Jerold Brokerage I, LLC in Glen Cove, New York from 2014 to 2019. Previously, Heckler was registered … Continue reading
There are options for customers of former UBS Financial Services Inc. broker William Hobby (CRD# 2240076). He was registered with UBS Financial Services Inc. in Atlanta, Georgia from 2012 to October 2018, when he was terminated regarding, “FA discharged after … Continue reading
Investors Capital Corp. broker Nina Jessee (CRD# 1484808) is alleged to make unsuitable investment recommendations. Jessee was registered with Cetera Advisors LLC in Abingdon, Virginia from October 2016 to November 2017, when she was terminated regarding, “Violated firm policy for … Continue reading
Erez Law is currently investigating Centaurus Financial, Inc. broker John Marshall Jr. (CRD# 2919845) regarding unsuitable investment recommendations. Marshall has been registered with Centaurus Financial, Inc. in Lexington, South Carolina since 2015. Previously, Marshall was registered with J.P. Turner & … Continue reading
There are options for customers of former LPL Financial LLC broker Mark Lamkin (CRD# 2121510) who suffered investment losses. Lamkin has been registered with Calton & Associates, Inc. in Louisville, Kentucky since December 2018. Previously, Lamkin was registered with LPL … Continue reading
Capital Financial Services, Inc. broker William Byrd (CRD# 1334634) is alleged to make unsuitable recommendations resulting in investment losses. Byrd has been the subject of five customer complaints between 2014 and 2019, one of which was denied, according to his … Continue reading
Erez Law is currently investigating Merrill Lynch broker Jeffrey Smith (CRD# 1908011) regarding unsuitable investment recommendations. Smith has been registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Farmington Hills, Michigan since 1989. Smith has been the subject of … Continue reading
Former New York broker Michael Bastardi (CRD# 6015424) was barred by FINRA related to unsuitable margin trading, fraud and forgery. Bastardi was registered with the following firms throughout his short career: Chelsea Financial Services in Staten Island, New York (01/19/2018 … Continue reading
In April 2019, a former client won a FINRA arbitration against J.P. Turner & Company, L.L.C., Summit Brokerage Services, Inc., LPL Financial LLC, Purshe Kaplan Sterling Investments, Inc. and CS Planning Corp. and financial advisor Christopher Burtraw (CRD# 4670431) for … Continue reading