Calton & Associates

There are Recent Customer Complaints with Broker Robert Davis in Firm Calton & Associates, INC.

December 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Davis (Davis), previously associated with Calton & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Davis 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 $14,123.00 on March 22, 2022.

Alleged losses due to ineffective management when, if the account had been given greater attention during the COVID-caused panic and bond market downturn, the loss could have been further mitigated.

There are Recent Customer Complaints with Broker Michael Petyak in Firm Calton & Associates, INC.

November 29, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Michael Petyak (Petyak), currently associated with Calton & Associates, INC., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Petyak concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint on April 18, 2022.

Statement of Claim alleges an investment recommendation was made for the purpose of generating high commissions and fees and that Claimants were deprived of the ability to generate reasonable returns that would have been received in a diversified portfolio.

Broker Richard Rodriguez in Calton & Associates, INC. Firm Has Customer Complaint

September 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Rodriguez (Rodriguez), previously associated with Calton & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rodriguez 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 March 27, 2023.

Claim alleges breach of fiduciary duty, violation of FINRA and NASD rules, breach of contract, and negligence relating to investment made in July of 2016.

There are Recent Customer Complaints with Broker John Drabek in Firm Calton & Associates, INC.

August 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Drabek (Drabek), previously associated with Calton & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Drabek 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 $200,000.00 on July 07, 2023.

Ms. [REDACTED] alleges that on 3/15/2016 and on 12/1/2016, Mr. Drabek made unsuitable recommendations to her and her husband to invest in Griffin Realty Trust and CIM Real Estate Finance Trust respectively.

Broker Daryl Calton in Calton & Associates, INC. Firm Has Customer Complaint

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daryl Calton (Calton), previously associated with Calton & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Calton 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 $1,000,000.00 on March 10, 2025.

The current trustee of the trust alleged that between 2000 and 2017 Mr. Daryl Calton made unsuitable recommendations to his parents involving certain REIT and alternative investments.

There are Recent Customer Complaints with Broker Kathie Foreman in Firm Calton & Associates, INC.

June 14, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint with a damage request of $50,000.00 on December 14, 2023.

Arbitration Statement of Claim alleged misrepresentation and negligence in connection with the investments purchased in 2011 and 2012. Claimant further alleges the BD supervision of the claimant’s account was inadequate.

Broker Daryl Calton in Calton & Associates, INC. Firm Has Customer Complaint

May 25, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daryl Calton (Calton), previously associated with Calton & Associates, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Calton 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 $50,000.01 on March 22, 2024.

Client alleges Mr. Calton made unsuitable investments.

Broker Travis Braulick in Calton & Associates, INC. Firm Has Customer Complaint

April 26, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Travis Braulick (Braulick), currently associated with Calton & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Braulick 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 $50,000.00 on June 24, 2024.

Bankers Life Securities, Inc. (BLS) received a written complaint from a client on June 24, 2024. In the complaint, the client alleged the recommendation made by a financial representative of the firm to purchase a Premium Bonus Index Annuity (PBIA) with the firm’s insurance affiliate, Bankers Life and Casualty Company (BLC) in August of 2021, was not in the client’s best interest. The client further alleges they lost $50,000.00 in income as the result of the recommendation. This matter is still pending.

There are Recent Customer Complaints with Broker David Cross in Firm Calton & Associates, Inc.

March 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Cross (Cross), previously associated with Calton & Associates, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Cross 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 $16,835.00 on September 10, 2024.

Client was unhappy with the performance of her accounts.

Chris Kubiak Arrested For Misappropriating Client Funds – Investor Recovery

May 28, 2019 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating multiple claims that advisor Chris Kubiak (Kubiak) has engaged in a misappropriation scheme. Kubiak, formerly registered with Calton & Associates, Inc. (Calton) and American Global Wealth Management, Inc. (American Global Wealth) operating out of McDonough, Georgia and Brookfield, Wisconsin respectively has been accused by customers and the Department of Justice (DOJ) of engaging in securities fraud and misappropriating funds.

In October 2018 FINRA barred Kubiak after he consented to the sanction and to the entry of findings that he converted customer funds. FINRA found that four customers, including three seniors, gave funds to Kubiak totaling approximately $270,000 to invest on their behalf. FINRA found that instead Kubiak deposited the funds into his personal bank account and then used them for his own personal use such as gambling and to paying for personal medical bills.

In March 2019 the DOJ announced charges against Kubiak include seven counts of wire and mail fraud concerning Kubiak’s scheme where he arranged to make withdrawals or to liquidate the investment accounts of his elderly clients. The DOJ indictment identifies a total of six clients from whom he is alleged to have wrongfully misappropriated approximately $370,000 over a five year period.