Articles Posted in Reg BI

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

FINRA BrokerCheck shows a settled customer complaint on May 11, 2020.

The client alleges that he was explicitly clear on March 10, 2020 that they wanted all of their investments out of the stock market, the transactions were not completed until March 26, 2020 and due to the delay, experienced lost account value as a result.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Lee (Lee), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lee 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 $12,722.00 on May 13, 2020.

Client alleges misrepresentation regarding mutual fund investment. Activity dates 11/04/2019-11/04/2020.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Schinsky (Schinsky), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Schinsky 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 $280,000.00 on May 11, 2020.

The client alleged the advisor placed unauthorized trades in two of his qualified managed accounts on March 12, 2020.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Hargis (Hargis), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hargis 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 $6,783.00 on May 14, 2020.

Customer alleges failure to follow instruction to move to cash. Time period of claim: 11/6/2009 to 5/14/2020

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Luis Rosario (Rosario), currently associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Rosario 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 $20,000.00 on May 11, 2020.

Time frame: Unspecified Claimant alleges the recommendation to invest in and hold unsuitable concentration in Puerto Rico Closed-End Funds (CEFs) was misrepresented as safe and suitable.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Baker (Baker), currently associated with Osaic Wealth, 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 with a damage request of $5,000.00 on May 07, 2020.

Client alleges that recommendations regarding variable annuities were unsuitable and constituted poor advice.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Lex (Lex), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lex 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 $110,000.00 on May 12, 2020.

The customer alleges alleges unsuitability, failure to follow instructions, and misrepresentation in connection with a Unit Investment Trust.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jaime Cosculluela (Cosculluela), previously associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Cosculluela 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 $20,000.00 on May 11, 2020.

Time frame:    Unspecified  \<char_lb_r>\, Claimant alleges the recommendation to invest in and hold unsuitable concentration in Puerto Rico Closed-End Funds(CEFs) was misrepresented as safe and suitable

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

FINRA BrokerCheck shows a settled customer complaint on May 14, 2020.

Customer has alleged representative misrepresented the variable annuity sold to him in September 2019, which replaced his previous variable annuity by indicating the new variable annuity would provide greater guaranteed income for the customer.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Susan Naylor (Naylor), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Naylor recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 11, 2020.

The beneficiaries of the annuity allege a misrepresentation in valuation from November 2019 until May 2020.

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