Articles Posted in Reg BI

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lindsey Benson (Benson), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Benson 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 $13,000.00 on March 31, 2022.

Time Frame: November 20, 2021 – March 28, 2022\, What were the allegations against the individual? \,  The client’s Attorney alleges the CSA failed to exercise the options as instructed.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jacob Baker (Baker), currently associated with Thrivent Investment Management INC., 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 on April 07, 2022.

Client alleged he had not agreed to the surrender charges on his new VA contract in May 2021.

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $5,000.00 on April 01, 2022.

Client alleges that the liquidation of an equity holding was unauthorized.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dana Timchenko (Timchenko), currently associated with Newedge Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Timchenko 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 $500,000.00 on March 30, 2022.

Claimant alleges, inter alia, unsuitability with respect to stock options strategy  –  December 2021 to March 2022

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Karis (Karis), previously associated with Fsc Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Karis 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 $500,000.00 on April 04, 2022.

Claim alleges Mr. Karis misrepresented and made unsuitable recommendations to the claimant’s deceased mother for Atlas Growth Partners, LP.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brent Glogau (Glogau), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Glogau 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 April 02, 2022.

The client alleges the financial advisor invested his account in the market without the client’s authorization.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Brende (Brende), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brende 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 $10,228.04 on April 07, 2022.

The client alleged the advisor recommended an inappropriate closed end mutual fund in September of 2021.

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

FINRA BrokerCheck shows a settled customer complaint on April 05, 2022.

Claimant alleges the RR recommended an unsuitable Oil & Gas investment.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brent Makarczyk (Makarczyk), currently associated with Ameriprise Financial Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Makarczyk 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 $414,500.00 on April 01, 2022.

Claimants allege that in around 2010, they were sold two unsuitable variable life insurance policies and a variable annuity.

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

FINRA BrokerCheck shows a pending customer complaint on April 01, 2022.

Recommending and selling securities without adequate due diligence, breach of contract

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