Articles Posted in Reg BI

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gordon Morse (Morse), previously associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Morse 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 $5,473,610.58 on August 28, 2023.

Plaintiffs allege John Woods and Michael Mooney conducted a Ponzi Scheme and that Gordon Morse and Ann Greene failed to supervise. From 2008-2021.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kelly Lawson (Lawson), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lawson 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 $100,001.00 on August 23, 2023.

The Statement of Claim names Portsmouth Financial as the respondent. Rep is named as account executive responsible for handling the transactions. Claims against the firm (Respondent) include Violation of FINRA Rules of Fair Practice, Unsuitable recommendations, and Supervision and Disclosure failures.

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

FINRA BrokerCheck shows a settled customer complaint on September 01, 2023.

Claimant alleges unsuitable investment recommendations and failure to follow instructions in March 2021.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jay Nova (Nova), previously associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Nova 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 $15,829.66 on September 04, 2023.

Client alleges representative provided poor investment advice between January 13, 2023, and July 19, 2023.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christiana Webb (Webb), currently associated with Truist Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Webb 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 $1,500,000.00 on August 31, 2023.

Client alleges, inter alia, that her accounts were not managed in her best interests 2021-2023

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

FINRA BrokerCheck shows a settled customer complaint on August 30, 2023.

Client alleges the investment was misrepresented and that they expected a fix rate of return when they agreed to the investment on July 30 2021.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Nielson (Nielson), currently associated with Ifp Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nielson 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 $150,000.00 on August 31, 2023.

Client alleges Mr. Neilson improperly recommended a high risk, high commission illiquid alternative investment, namely, GWG Holdings, Inc. and that Mr. Neilson misrepresented the investment to them and that it was inconsistent with their financial situation and needs, investment objectives and their risk tolerance.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Rumley (Rumley), currently associated with William Blair, has at least one disclosable event. These events include one customer complaint, alleging that Rumley 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 $1,500,000.00 on August 31, 2023.

CLIENT ALLEGES, INTER ALIA, THAT HER ACCOUNTS WERE NOT MANAGED IN HER BEST INTERESTS 2013-2021

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eszylfie Taylor (Taylor), previously associated with Cetera Advisor Networks LLC, has at least one disclosable event. These events include one customer complaint, alleging that Taylor 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 $150,000.00 on August 30, 2023.

Misrepresentation and omission of material fact concerning two investments is alleged.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Lourdin (Lourdin), currently associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Lourdin 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 $58,000.00 on August 31, 2023.

SUITABILITY, FAILURE TO SUPERVISE AND NEGLIGENCE.

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