In a recent development, a customer dispute has been filed against Francisco Landivar, a broker and investment advisor associated with UBS Financial Services Inc. (CRD 8174) in Puerto Rico. The allegations, which are currently pending, revolve around the suitability, concentration, and misrepresentation of investments in Puerto Rico closed-end funds. According to the disclosure, the claimant […]
John Mann, a broker and investment advisor with Oppenheimer & Co. Inc. (CRD 249) in California, is facing allegations of failing to follow a client’s instructions to close out an options position. The client claims that the position was opened on January 27, 2023, and closed on February 6, 2024, resulting in significant losses. The
John Mann of Oppenheimer & Co Faces Allegations, Haselkorn & Thibaut to Investigate Read More »
Steven Baaden, a registered broker and investment advisor with Oppenheimer & Co. Inc. (CRD 249) in Texas, is facing allegations of unsuitable inactivity and ignoring client emails and instructions. The alleged misconduct occurred between February 21, 2023, and February 14, 2024, according to the customer dispute filed on February 14, 2024. The client’s claim was
Lucille Cueller, a broker and investment advisor at Osaic Wealth, Inc. (CRD 23131) in Illinois, is currently facing a pending customer dispute filed on February 14, 2024. The client alleges that the alternative investment recommendations made by Cueller were unsuitable at the time of purchase. The investments in question involve Direct Participation Programs (DPPs) and
Bill King (Merrill Lynch) complaints have rocked the investment world since 2022. As former financial advisors, we know how important trust is between brokers and clients. King, who worked at Merrill Lynch until 2023, faces serious accusations from many investors. FINRA fined him $5,000 and suspended him for 30 days after finding he made 204
Bill King’s Merrill Lynch Complaints: An Investigative Report Read More »