Justia Lawyer Rating for Adam Julien Gana
Super Lawyers
The National Trial Lawyers
Martindale-Hubbell
AVVO
Top Financial Professionals in the US - Hot List

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Baker (Baker), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Baker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $4,613.10 on September 05, 2024.

Client alleges Financial Advisor sold stocks without authorization .

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mario Hank (Hank), currently associated with Banorte Securities International, Ltd., has at least one disclosable event. These events include one customer complaint, alleging that Hank recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $20,043.38 on September 05, 2024.

The customer was upset because the registered representative was not clear when he requested information on the amount of interest he received on his US Treasury investments. The Firm’s Head of Sales contacted the customer on two occasions, September 11, 2024, and September 17, 2024. During these conversations, it was explained, among other items, that our Firm charges a reasonable markup when offering US Treasury securities, and the yield could vary depending on the mark-up charged. These are being disclosed on each trade confirmation that the customer receives. To reiterate the Firm’s commitment to conducting business in a transparent and fair manner, we have taken the necessary steps to reverse the mark-up charged in the amount of $20,043.38 on these nine US Treasury transactions, purchased in two accounts the customer has with the firm, for purchase dates ranging from October 2023 through August 2024. Revised confirmations have been provided to the customer, along with the Firm’s written response, on September 18, 2024.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kyle Chapman (Chapman), previously associated with American Trust Investment Services, Inc., has at least one disclosable event. These events include one tax lien, alleging that Chapman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 05, 2024.

Without admitting or denying the findings, Chapman consented to the sanctions and to the entry of findings that he willfully violated Rule 15l-1(a)(1) under the Securities Exchange Act of 1934 Reg BI) by making a recommendation that was not in the customer’s best interest nor suitable with the customer’s investment profile. The findings stated that Chapman recommended his customer invest $50,000 in a speculative, unrated debt security after the customer reached out to Chapman about investing in the security. The customer’s investment objectives were income and preservation of capital and did not include speculation. Chapman failed to perform reasonable diligence on the security before recommending it to the customer and did not conduct a reasonable review of the offering documents. Chapman earned $1,471 in commissions from these recommendations. The findings also stated that Chapman made negligent misrepresentations and omissions of material fact when recommending the debt security to his customer. Chapman sent third-party risk reports to the customer that assigned a risk score to the debt security with the same risk score of cash. Chapman did not correct the customer’s belief that debt securities were a conservative investment.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Chester Palid (Palid), currently associated with Transamerica Financial Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Palid recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $165,460.00 on September 06, 2024.

Customer alleges his writing agent was negligent while discussing certain features of the product he purchased. This representative did not write the policy but was the upline of the writing agent at the time of sale. This representative inherited this customer in 2024 and did not communicate with him during the time of sale.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Campos (Campos), currently associated with D.a. Davidson & Co., has at least one disclosable event. These events include one customer complaint, alleging that Campos recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $31,583.00 on September 05, 2024.

Recently appointed POA alleges that investments recommended by the advisor in September 2021 were unsuitable.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Arnella (Arnella), currently associated with Morgan Stanley, has at least one disclosable event. These events include one tax lien, alleging that Arnella recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 05, 2024.

Without admitting or denying the findings, Arnella consented to the sanctions and to the entry of findings that he made promissory and unwarranted statements about a publicly traded company, and statements that predicted the future performance of the company’s stock. The findings stated that Arnella publicly posted his opinion about what he expected the future stock price of the company to be by the end of on eyear. Arnella also stated, in writing, to two firm customers that there was a 100 percent chance that the company’s loss in a patent litigation trial would be overturned.

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker John Shen (Shen), currently employed by Ni Advisors has been subject to at least one disclosable event. These events include one tax lien. According to records kept by The Financial Industry Regulatory Authority (FINRA), Shen’s most recent customer complaint alleges that Shen recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a final customer complaint on September 06, 2024.

Without admitting or denying the findings, Shen consented to the sanctions and to the entry of findings that he used an unapproved social media platform to communicate relating to his securities business. The findings stated that Shen communicated with an unknown number of customers through the social media platform’s text function, including promoting investment seminars, participating in question-and-answer sessions, and providing information relating to structured notes sold through his member firm. Shen did not retain the messages and did not provide copies of them to the firm. In addition, Shen inaccurately reported on two annual compliance questionnaires that all of his electronic communications with prospective customers were through his member firm email address. Furthermore, Shen was individually warned by the firm not to use an unapproved messaging channel to communicate with customers. Shen’s misconduct caused the firm not to capture or maintain these communications, which the firm was required to do.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Lucas (Lucas), previously associated with Transamerica Financial Advisors, Inc, has at least one disclosable event. These events include one customer complaint, alleging that Lucas recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $165,460.00 on September 06, 2024.

Customer alleges that the representative informed him that his purchase amount would double in 10 years. The customer contacted the representative after confirming that this did not occur at the 10-year mark.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ali Taj (Taj), previously associated with Talley & Company, has at least one disclosable event. These events include one tax lien, alleging that Taj recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 05, 2024.

Alleged antifraud, registration and custody violations

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angela Zachman (Zachman), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Zachman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $40,000.00 on September 05, 2024.

Claimant alleges representative recommended unsuitable investments during the time period December 2014 – May 2022.

Contact Information