Articles Tagged with Osaic Institutions

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Henry Nunez (Nunez), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Nunez 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 $967.00 on June 04, 2025.

Trustee met with a banker at the subscribing institution where Osaic Institutions has an office located. She expressed verbal concern that an annuity she agreed to purchase in November 2024 was never issued.\, \, Trustee followed up with an email indicating she met with the FP once only on 11/12/2024. Trustee further alleges signature made on 05/02/2025 was not signed by her. Trustee is certain of this because she would have noticed her name was misspelled and the tin used for the trust actually belonged to the grantor. She indicates any signatures made after 11/12/2024 were forged, or copied and pated on all documents.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maria Calcena (Calcena), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Calcena 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 $500,000.00 on August 23, 2023.

Former customer alleges unsuitability, misrepresentations and omissions, and breach of contract in connection with offshore investments

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Kuehnle (Kuehnle), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kuehnle 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 $25,000.00 on October 10, 2023.

Allegations were that the REIT properties were not properly disclosed to the client.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Pronovost (Pronovost), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pronovost 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 $500,000.00 on February 07, 2024.

The Statement of Claim alleges the financial professional recommended unsuitable investments given the client’s age and stated objectives. It is alleged that these recommendations resulted in significant losses to the client.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Wilson (Wilson), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Wilson 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 $700,000.00 on December 18, 2023.

Customer alleges registered representative followed trade instructions by an unauthorized party. Activity dates January 2021- March 31, 2021.

Continue Reading

| by

Currently financial advisor Michael Risko (Risko), currently employed by brokerage firm Osaic Institutions, INC. has been subject to at least 2 disclosable events. These events include 2 customer complaints. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements.  The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $45,420.00 on January 13, 2024.

A paperwork and processing error negated the redemption of a non-traded REIT due to death for Q4-2022. Share redemptions were suspended for Q1-2023 in advance of going public

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Maners (Maners), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Maners 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 $12,000.00 on February 05, 2024.

Client alleges a rep error on paperwork caused a delay in transferring assets which subjected his accounts to market losses.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Garcia (Garcia), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Garcia 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 $105,000.00 on March 21, 2024.

As a result of Respondent’s failure to conduct due diligence on PBIHL and as a result of\, Respondent’s recommendation of a high-risk speculative product that placed Claimant’s savings\, severely at risk,

Continue Reading

| by

Currently financial advisor William Campbell (Campbell), currently employed by brokerage firm Osaic Institutions, INC. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements.  The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $39,000.00 on June 07, 2024.

The sale of a public non-traded REIT was unsuitable and the firm failed to conduct due diligence.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Pigeon (Pigeon), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pigeon 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 $120,000.00 on June 05, 2024.

Firm and FP failed to observe high standards of commercial honor and just and equitable principles of trade.

Continue Reading
Contact Information
295 Madison Ave #705
New York, NY 10017
Toll Free: 800-810-4262
3706 N Greenview Ave
#100
Chicago, IL 60613
28 Valley Rd
#1
Montclair, NJ 07042
ATTORNEY ADVERTISING

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2025, Gana Weinstein LLP
JUSTIA Law Firm Blog Design