Articles Posted in Reg BI

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

FINRA BrokerCheck shows a settled customer complaint on May 06, 2020.

Client alleges that he gave instructions in September 2019 to reallocate his account to all no-risk investments and his instructions were not followed. Damages unspecified

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

FINRA BrokerCheck shows a settled customer complaint on May 04, 2020.

Client complained that financial advisor failed to inform her that a ROTH IRA cannot be funded with income that has been received via the Foreign Earned Exchange Income tax credit, which resulted in a tax liability. (2/28/2013)

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Medina (Medina), currently associated with Infinity Financial Services, has at least one disclosable event. These events include one customer complaint, alleging that Medina 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 $53,060.86 on May 01, 2020.

Unsuitable investments

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Fusco (Fusco), previously associated with Legend Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Fusco 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 $345,369.00 on May 06, 2020.

Fusco was named in a customer complaint that asserted the following causes of action: the firm failed to supervise their accounts. In addition, each claimant contends that their account(s) were: solicited with unsuitable investments, overly concentrated, churned for the purpose of obtaining excessive commissions, and that the Respondents failed to “Know Their Customers” as required by their duties as registered representatives. Fusco was the compliance officer of the firm and supervisory of the registered representatives.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Grillo (Grillo), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Grillo 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 $327,000.00 on May 06, 2020.

Verbal allegations related to suitability of investments.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Anderson (Anderson), previously associated with Cetera Advisor Networks LLC, has at least one disclosable event. These events include one customer complaint, alleging that Anderson 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 $20,938.00 on May 04, 2020.

CUSTOMER ALLEGES THAT IN 2017 THE REPRESENTATIVE RECOMMENDED AND PROCESSED A 401(k) LOAN WITHOUT ENSURING THE RECOMMENDATIONS WAS APPROPRIATE AND THIS RESULTED IN LOSSES DUE TO PENALTIES, SANCTIONS, INTEREST, AND EXPENSES.

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

FINRA BrokerCheck shows a settled customer complaint on May 05, 2020.

Time Frame: March 13, 2020 to March 18, 2020\<char_lb_r>\, \<char_lb_r>\, What were the allegations against the individual? \<char_lb_r>\, The clients allege their instructions to have trades placed were not followed. The alleged damages are in excess of $5,000.00.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker S. Michael Helal (Helal), currently associated with Fidelity Brokerage Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Helal 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 $231,000.00 on May 05, 2020.

The customer alleged that the registered representative misrepresented the investment strategy of a managed account offered by an unaffiliated registered investment advisor when a referral was made to the unaffiliated advisor.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lisa Thorpe (Thorpe), currently associated with Wells Fargo Advisors Financial Network, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Thorpe 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 May 05, 2020.

Client complained that the financial advisor advised him the death benefit on his variable annuity would not go below a specific dollar amount and yet it has declined. (9/12/2007)

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Mcbride (Mcbride), previously associated with Forta Financial Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mcbride 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 May 05, 2020.

The boiler plate allegations include negligence, unsuitable recommendations, breach of contract and breach of fiduciary duty between September 2011 and May 2016

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