James Blake Daughtry of Dothan, Alabama, a stockbroker formerly registered with Kestra Investment Services, is identified in an investment related lawsuit which was resolved for $65,000.00 in damages based upon allegations that Daughtry wrongfully solicited the investor’s funds to be held with an investment advisor that Securities and Exchange Commission (SEC) found to have committed…

Clyde Warren Ford of Fresno California a stockbroker formerly registered with Kestra Investment Services LLC has been referenced in a customer initiated investment related civil action in which the customer obtained a judgement of $410,000.00 in damages based upon accusations of fraud relating to their purchase of Panthera. Civil Action No. 19CECG03981 (Oct. 8, 2020)….

Jonathan William Lonske of Boston Massachusetts a stockbroker formerly registered with Morgan Stanley has been issued a Consent Order by Massachusetts Securities Division which requires Lonske to be placed on heightened supervision based on allegations that he was the subject of customer initiated investment related complaints and was terminated from a securities broker dealer for…

Mayur T. Dalal of New Hyde Park New York a stockbroker formerly registered with Kestra Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he neglected to provide recorded testimony to the regulator while under investigation for potentially engaging in private securities…

James Blake Daughtry of Dothan Alabama a stockbroker formerly registered with Kestra Investment Services LLC is referenced in a customer initiated investment related civil action where the customer sought $231,752.00 in damages supported by accusations that they had been steered by Daughtry towards establishing investment accounts with an investment adviser who Securities Exchange Commission (SEC)…

Charles Matthew Wernig III (also known as Chip Wernig) a stockbroker formerly registered with Kestra Investment Services LLC has been barred on August 5, 2019 from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that Wernig neglected to provide a response to FINRA after a request for his…

Donald George Padilla of Alhambra California a stockbroker formerly registered with Kestra Investment Services LLC has been suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon allegations that he failed to comply with an Arbitration Award or otherwise respond to a FINRA request concerning his compliance with that…

James Blake Daughtry of Dothan Alabama a stockbroker formerly registered with Kestra Investment Services has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to cooperate with a FINRA investigation into allegations of his possible unauthorized transactions and fraudulent activities in…

Tom Abel Puentes of Camarillo California a stockbroker formerly associated with Kestra Investment Services LLC has been fined $12,500.00 supported by allegations that (1) the stockbroker failed to comply with a heightened supervision plan implemented because of his misconduct in the securities industry and (2) Puentes failed to report customer complaints concerning transactions he effected…

Michael Thomas Lee of Darien Connecticut a stockbroker formerly registered with Kestra Investment Services LLC has been fined $12,500.00 and suspended for one year from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that (1) Lee participated in the Origin Fund as an outside business activity without disclosing…

Jeffrey Alan Blutstein of Holbrook New York a stockbroker formerly employed by Kestra Investment Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Blutstein neglected to cooperate with a FINRA investigation into accusations of Blutstein engaging in outside business activities that he…

Tom Abel Puentes of Woodland Hills California a stockbroker formerly associated with Kestra Investment Services has been terminated on May 7, 2018 based upon accusations that Puentes possibly failed to conform to Kestra Investment Services LLC policies by concealing that at least one customer complained about his activities. This is not the first time that…

John William Spach of Aliso Viejo California a stockbroker formerly employed by Kestra Investment Services LLC and investment advisory representative formerly associated with NFP Retirement Inc. has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Spach failed to cooperate with a FINRA investigation into…

Kestra Investment Services LLC a brokerage firm headquartered in Austin Texas has been censured and fined $225,000.00 by Financial Industry Regulatory Authority (FINRA) founded on allegations that the firm overcharged customers on mutual fund purchases. Letter of Acceptance Waiver and Consent No. 2016048404601 (Feb. 13, 2019). According to the AWC, from July 1, 2009 to…

Paul Robert Volpe of Westport Connecticut a stockbroker formerly registered with Kestra Investment Services LLC is the subject of a customer initiated investment related written complaint on June 27, 2016 in which the customer requested $27,332.00 in damages based upon allegations of sales practice violations pertaining to a real estate investment trust sold to the…

Gregory Richard Acosta of Diamond Bar California a stockbroker currently employed by Kestra Investment Services LLC has been sanctioned by the State of California Department of Insurance according to a Stipulation and Consent Order supported by allegations that Acosta entered into unapproved customer loan arrangements and improperly designated himself as the owner and beneficiary of…

Christopher James Bradshaw of Kings Park New York a stockbroker currently employed by Kestra Investment Services LLC is referenced in a customer initiated investment related written complaint on March 9, 2018 where the customer alleged suitability and unauthorized trading concerning the customer’s real estate security and mutual fund holdings. Apparently, the customer was placed into…

Jerry Wayne Devins, of Louisville, Kentucky, a stockbroker formerly registered with Raymond James Financial Services Inc., is the subject of a customer initiated investment related arbitration claim, in which the customer was awarded $500,000.00 in damages on March 30, 2017, based upon allegations that Devins breached his fiduciary duties to the customer. Financial Industry Regulatory…

Christopher Paul Scalese, of Dunmore, Pennsylvania, a stockbroker associated with Kestra Investment Services, LLC, has been named in a customer initiated investment related arbitration claim on January 10, 2017, in which the customer requested $1,326,000.00 in damages based upon allegations that Scalese made misrepresentations and unsuitable recommendations to the customer, and effected unsuitable real estate…

Chadwick C. Collins, of Carlsbad, California, a stockbroker formerly registered with Wells Fargo Advisors, LLC, has been named in a customer initiated investment related arbitration claim, which settled on April 18, 2016, for $86,559.31 in damages based upon allegations that Collins, from December of 2015 to March of 2016, failed to disclose commissions charged to…