Cambridge Investment Research Tag Archives

There are Recent Customer Complaints with Broker William Mauro in Firm Cambridge Investment Research, INC.

February 15, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 26, 2021.

Customer alleged that certain attributes of the annuity contract purchased were not explained and was given poor advice to take Required Minimum Distributions from the contract which impacted the income benefit rider.

There are Recent Customer Complaints with Broker David Park in Firm Cambridge Investment Research, INC.

February 14, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Park (Park), previously associated with Cambridge Investment Research, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Park 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 $3,000,000.00 on June 09, 2021.

Claimants allege that the recommendation of investments in 2016 and 2018 were not suitable and that misrepresentations/omissions were made with regard to certain investment products.

There are Recent Customer Complaints with Broker Nathan Tritico in Firm Cambridge Investment Research, INC.

February 11, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nathan Tritico (Tritico), previously associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Tritico 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 $20,667.00 on June 30, 2021.

Client alleges RR recommended a surrender of two annuities that resulted in penalties and tax consequences that she was unaware of until after the surrender was completed.

Broker Richard Carlesco in Cambridge Investment Research, INC. / IBN Financial Services, INC. Firm Has Customer Complaint

February 6, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Richard Carlesco (Carlesco) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Carlesco was employed by Cambridge Investment Research, INC. / IBN Financial Services, INC. at the time of the activity. If you have been a victim of Carlesco’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $96,000.00 on December 08, 2025.

Claimant, who has been a registered representative for decades, allegedly purchased a convertible note in November 2019 after a discussion with another registered representative. Claimant alleges that the other RR was selling away from his firm and that he was not an accredited investor for purposes of the investment.

There are Recent Customer Complaints with Broker Mark Markland in Firm Cambridge Investment Research, INC.

January 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Markland (Markland), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Markland 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 23, 2021.

Claimants allege unsuitable alternative investment recommendations, failure to supervise, and inadequate due diligence.

Broker Robert Nevarez in Cambridge Investment Research, INC. Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Nevarez (Nevarez), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Nevarez 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 $65,000.00 on July 30, 2021.

Suitability

There are Recent Customer Complaints with Broker Roger Bennett in Firm Cambridge Investment Research, INC.

January 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roger Bennett (Bennett), previously associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bennett 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 $31,673.34 on August 30, 2021.

Allegations include negligence, breach of contract and breach of fiduciary duty.

There are Recent Customer Complaints with Broker Donald Kowalsky in Firm Cambridge Investment Research, INC.

January 16, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Kowalsky (Kowalsky), previously associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kowalsky 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 $52,000.00 on December 03, 2021.

The Statement of Claim alleges the financial professional made unsuitable recommendations of illiquid and risky REITS.

Broker David Melilli in Cambridge Investment Research, INC. Firm Has Customer Complaint

January 12, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Melilli (Melilli), previously associated with Cambridge Investment Research, INC., has at least 5 disclosable events. These events include 2 customer complaints, 3 regulatory events, alleging that Melilli recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on November 28, 2022.

MELILLI IS THE SUBJECT OF AN ORDER OF A SELF-REGULATORY ORGANIZATION EXPELLING HIM FROM A SELF-REGULATORY ORGANIZATION.

Broker Christopher Harpin in Cambridge Investment Research, INC. Firm Has Customer Complaint

January 9, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Harpin (Harpin), currently associated with Cambridge Investment Research, INC., has at least 3 disclosable events. These events include one customer complaint, 2 regulatory events, alleging that Harpin recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on May 01, 2025.

On April 2, 2025, without admitting or denying the findings, Christopher entered into an Acceptance, Waiver and Consent (‘AWC’) with FINRA wherein Christopher consented to the entry of findings that from August 2018 through April 2021, Christopher caused at least 638 solicited purchases of high-yield bonds in 53 of his customers’ accounts to be incorrectly marked as unsolicited when, in fact, Christopher had solicited the transactions. Christopher’s conduct continued despite being warned by the firm that solicited transactions involving high-yield bonds were prohibited. By causing these transactions to be mismarked, Christopher caused his firm to maintain inaccurate books and records. Respondent agreed to a two-month suspension from associating with any FINRA member in all capacities and to the payment of a fine in the amount of $5,000.