The Financial Industry Regulatory Authority (FINRA) has taken serious action against a Manuel Melendez, a former UBS financial advisor. They found out he borrowed $738,000 from his clients. This is a big no-no in our world of investing. The advisor did not play by the rules; instead, Mr. Melendez alledley used the money for himself. […]
FINRA Bars Manuel Melendez (UBS) Accused of Borrowing $738K From Clients Read More »
Kenneth Wright, a broker and investment advisor associated with OSAIC Institutions, Inc. (CRD 35371) in Tennessee, is facing a pending customer dispute filed on February 8, 2024. The customer alleges that an investment made in 2014, a real estate security, was unsuitable for their investment objectives and risk tolerance. Wright, who has been in the
Jason Martin, a former broker with Ameriprise Financial Services, LLC, is currently under investigation by Haselkorn & Thibaut, a national investment fraud law firm, for allegedly making unsuitable investments for a client. The customer dispute, filed on February 8, 2024, claims that an investment made in 2014 was not appropriate for the customer’s investment objectives
Jason Martin of Ameriprise Under Investigation for Unsuitable Investments Read More »
In a recent development, a customer has filed a complaint against Mario Barone, a broker and investment advisor associated with LPL Financial LLC (CRD 6413) in Texas. The allegations, which are currently pending resolution, revolve around investments made between 2013 and 2014. The customer claims that these investments were unsuitable for their investment objectives and
Sandeep Varma, a broker and investment advisor with Avantax Investment Services, Inc., is currently facing a pending customer dispute, according to his FINRA BrokerCheck record. The complaint, filed on February 8, 2024, alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance. The investment in question is a