Reg BI

Broker Ira Bauman in Raymond James & Associates, INC. Firm Has Customer Complaint

June 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ira Bauman (Bauman), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bauman 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 $220,000.00 on January 19, 2024.

Claimant alleges FAs failed to follow her instructions to re-invest dividends from specified securities.

There are Recent Customer Complaints with Broker Viktoriia Strange Vitkovska in Firm Key Investment Services LLC

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Viktoriia Strange Vitkovska (Strange Vitkovska), currently associated with Key Investment Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Strange Vitkovska 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 $117.60 on January 29, 2024.

With regard to a term life insurance policy purchased in September 2023, the Policy owner executed an affidavit of forgery and claims that she did not sign the life insurance application, illustration and labslip documents and did not authorize the purchase of the policy. She requested to surrender the policy.

Broker Christopher Jumalon in Navy Federal Investment Services, LLC Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Jumalon (Jumalon), previously associated with Navy Federal Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Jumalon 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 $11,100.00 on January 25, 2024.

[REDACTED] met with Chris Jumalon, Financial Advisor, on 04/18/2023. His goal was to move 300K into 3 investment strategies. 100K to managed account, 100K to 5-year Fixed Annuity(FA) with Brighthouse and 100K to 3 year FA with Brighthouse. Mr. Jumalon followed through on establishing the 100K managed account but failed to process paperwork for both annuity contracts. The failure to process the paperwork was identified on 1/25/2024. [REDACTED] decided to move forward with the 100K Brighthouse 5 year FA, and paperwork was submitted on 10/16/2023. [REDACTED] decided he did not want to invest the remaining 100K to the second Brighthouse FA and requested funds be moved to Navy Federal Investment Services (NFIS) Digital investor. NFIS waived the trading fee for [REDACTED]. [REDACTED] was compensated $11,110 for the time period the funds were not invested and loss of interest earned.

Broker Franz Koch in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 24, 2024.

Client alleges Unauthorized trading

Broker Thomas Cavaliere in LPL Financial LLC Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Cavaliere (Cavaliere), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cavaliere 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 $300,000.00 on January 25, 2024.

Customers allege representative made unsuitable investment recommendations during the time period 2013-2018.

There are Recent Customer Complaints with Broker Ron Bednarz in Firm Cadaret, Grant & Co., INC.

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ron Bednarz (Bednarz), currently associated with Cadaret, Grant & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Bednarz 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 $3,037,257.60 on January 31, 2024.

Claimant alleges that between March 2010 and March 2016, the customer’s investment portfolio was not diversified and allocated appropriately for someone of her age and [REDACTED] condition in violation of FINRA suitability rule and fiduciary duties owed to customer and that broker permitted an authorized agent of customer to transfer her assets to her bank and another broker dealer without providing proper disclosure to her.

There are Recent Customer Complaints with Broker Steven Mayer in Firm LPL Financial LLC

June 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 29, 2024.

Customer alleges misrepresentation

There are Recent Customer Complaints with Broker Douglas Fisher in Firm LPL Financial LLC

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Fisher (Fisher), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fisher 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 January 25, 2024.

Customer alleged that advisor did not make proper disclosures when selling REIT in 2014.

There are Recent Customer Complaints with Broker Erik Pinter in Firm LPL Financial LLC

June 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 24, 2024.

Customer alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker Richard Acker in Firm Centaurus Financial, INC.

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Acker (Acker), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Acker 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 $500,000.00 on January 30, 2024.

The customer alleges that from December 2011 through November 2013, the Registered Representative recommended unsuitable investments and investment strategies in various illiquid alternative investments.