Christopher Weeks, a former broker with Northwestern Mutual Investment Services, LLC, faces allegations of breach of fiduciary duty, negligence, and violations of the Kansas Securities Act related to options trading from June 2018 through June 2023. The customer dispute, filed on February 14, 2024, is currently pending resolution. According to the disclosure on Weeks’ FINRA […]
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