Andrew James Pravlik of Pittsburgh Pennsylvania a stockbroker formerly registered with Prospera Financial Services is the subject of a customer initiated investment related FINRA securities arbitration claim which was settled for $27,000.00 in damages supported by allegations that five unsuitable alternative investments had been recommended by Pravlik during the time that he was associated with…
Dudley Franklin Stephens (also known as Stephen Franklin Dudley) of New York New York a stockbroker formerly registered with Prospera Financial Services and Coastal Equities is the subject of a customer initiated investment related arbitration claim which was resolved for $122,500.00 in damages based upon accusations that the customer had been placed into unsuitable investments…
Wesley Justin Foltz of Alexandria Louisiana a stockbroker formerly associated with Prospera Financial Services Inc. and LPL Financial LLC has been referenced in a customer initiated investment related complaint on February 15, 2019 in which the customer requested $50,000.00 in damages supported by allegations that direct investments including a real estate investment trust sold by…
Andrew James Pravlik of Pittsburgh Pennsylvania a stockbroker formerly employed by Prospera Financial Services Inc. is the subject of a customer initiated investment related civil action brought in the Court of Common Pleas of Allegheny County Pennsylvania where the customer sought $175,000.00 in damages supported by allegations that while Pravlik was registered with Prospera Financial…
Wesley Justin Foltz of Alexandria Louisiana a stockbroker formerly employed by Prospera Financial Services Inc. has been fined $7,500.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Foltz lacked an adequation foundation to conclude that his variable annuity recommendations were suitable for…
Bryon Leonel Reyes of Lafayette Louisiana a stockbroker formerly employed by UBS Financial Services Inc. has been discharged by the firm on April 26, 2018 supported by allegations that (1) Reyes failed to inform UBS about his outside business activities and investments after Reyes had already been reprimanded by the firm for his non-disclosures and…
Andrew James Pravlik, of Pittsburgh, Pennsylvania, a stockbroker formerly registered with Prospera Financial Services, Inc., has been terminated from employment on January 27, 2017, based upon allegations that he did make a written disclosure to the company in a manner that conformed to the firm’s policies. This is not the first time that Pravlik has…
Rhonda Janeen Matthews, of Austin, Texas, a stockbroker formerly registered with Prospera Financial Services, Inc., has been permanently barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based on allegations that she failed to provide FINRA with a response to FINRA personnel’s information request. Letter No. 2015048158201 (Sept. 19, 2016)….
John N. Crook, of Macon, Georgia, a stockbroker formerly registered with Raymond James & Associates, Inc., has been named in a customer initiated investment related arbitration claim on August 18, 2016, in which the customer requested $4,800,000.00 in damages based upon allegations including breach of contract, negligence, intentional omissions and misrepresentation, fraud, breach of fiduciary…
Ari M. Baum, of New York, New York, a stockbroker formerly registered with Morgan Stanley Smith Barney, has been subject to a customer initiated investment related arbitration claim on April 5, 2016, in which the customer requested $1,285,000.00 in damages based upon allegations that unsuitable corporate debt investments were effected by Baum in the customer’s…