Articles Posted in Customer Complaints

Craig Bonn

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 13, 2018 indicate that New York-based National Securities broker Craig Bonn has received resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Bonn (CRD# 2280460).

Craig Bonn has spent 25 years in the securities industry and has been registered with National Securities Corporation in New York, New York since 2016. Previous registrations include Laidlaw & Company in New York, New York (2004-2016); Sands Brothers & Company in New York, New York (1994-2004); Painewebber in Weehawken, New Jersey (1993-1994); and Lehman Brothers in New York, New York (1993-1994). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 3, 1993, and Series 7 (General Securities Representative Examination), which he obtained on February 19, 1993. He is a registered broker with 47 US states and territories.

According to his BrokerCheck report, he has received one customer complaint, one pending customer complaint, and one customer complaint that was withdrawn.

Adam Moldof

Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 13, 2018 indicate that Florida-based Wells Fargo Clearing Services broker/adviser Adam Moldof has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Moldof (CRD# 2657404).

Adam Moldof has spent 22 years in the securities industry and has been registered with Wells Fargo Clearing Services in Boca Raton, Florida since 2003. He was previously registered with Prudential Securities in New York, New York (1995-2003). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on December 20, 1995; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on December 4, 1995; Series 31 (Futures Managed Funds Examination), which he obtained on November 5, 2003; and Series 7 (General Securities Representative Examination), which he obtained on November 20, 1995. He is a registered broker and investment adviser with 22 US states and territories: Arizona, California, Connecticut, the District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Texas, Virginia, and Washington.

According to his BrokerCheck report, he has received one pending customer complaint and one customer complaint that was closed with no action taken.

Kari BracyPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 14, 2018 indicate that Florida-based NYLife Securities broker Kari Bracy has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Bracy (CRD# 5656186).

Kari Bracy has spent nine years in the securities industry and has been registered with NYLife Securities in Jacksonville Beach, Florida since 2009. She has no previous registrations. She has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which she obtained on October 2, 2014, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which she obtained on July 14, 2009. She is a registered broker with one US state, Florida, and with one self-regulatory organization (SRO): FINRA.

According to her BrokerCheck report, she has received one pending customer complaint.

Michael BotwinickPublic records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 12, 2018 indicate that New Jersey-based LPL Financial Services broker/adviser Michael Botwinick has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Botwinick (CRD# 1057151).

Michael Botwinick has spent 36 years in the securities industry and has been registered with LPL Financial in Woodcliff Lake, New Jersey since 1998. Previous registrations include American Express Financial Advisors in Minneapolis, Minnesota (1982-1998); IDS Life Insurance Company in Minneapolis, Minnesota (1982-1998); American Express Service Corporation in Minneapolis, Minnesota (1993-1994); and IDS Financial Services (1982-1986). He has passed six securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 30, 1985; Series 31 (Futures Managed Funds Examination), which he obtained on September 3, 2003; Series 7 (General Securities Representative Examination), which he obtained on March 15, 1986; Series 22 (Direct Participation Programs Representative Examination), which he obtained on July 31, 1984; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on July 30, 1982; and Series 24 (General Securities Principal Examination), which he obtained on April 27, 1994. He is a registered broker and investment adviser with 30 US states and territories.

According to his BrokerCheck report, he has received one pending customer complaint.

Eric StubbePublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on September 12, 2018 indicate that former Massachusetts-based Santander Securities broker/adviser Eric Stubbe, also known as Eric Stubbe Arsuaga, has received numerous resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Stubbe (CRD# 1499212).

Eric Stubbe has spent 29 years in the securities industry and was most recently registered with Santander Securities in Dorchester, Massachusetts (2006-2016). Previous registrations include UBS Financial Services in San Juan, Puerto Rico (1991-2006); UBS Financial Services in San Juan, Puerto Rico (1987-2006); and Kidder Peabody & Company (1986-1987). He has passed three securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on July 13, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 3, 1987; and Series 7 (General Securities Representative Examination), which he obtained on May 17, 1986. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received four customer complaints and six pending customer complaints

Floyd PowellPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 12, 2018 indicate that former Alabama-based MML Investors Services broker Floyd Powell has received pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Powell (CRD# 2220029).

Floyd Powell has spent 25 years in the securities industry and was most recently registered with MML Investors Services in Albertville, Alabama (2017-2018). Previous registrations include MSI Financial Services in Albertville, Alabama (1992-2017) and Metropolitan Life Insurance Company in Birmingham, Alabama (1992-2007). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 30, 1992, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on March 13, 1992. He is currently not registered as a broker with any state or firm.

According to his BrokerCheck report, he has received two customer complaints.

Larry GregurashPublic records published by the Financial Industry Regulatory Authority (FINRA) and accessed on September 6, 2018 indicate that Indiana-based LPL Financial Services broker/adviser Larry Gregurash has been involved in a customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Gregurash (CRD# 2724498).

Larry Gregurash has spent 22 years in the securities industry and has been registered with LPL Financial in Anderson, Muncie, and Winchester, Indiana since 2009. Previous registrations include Invest Financial Corporation in Richmond, Indiana (2005-2009); ONB Investment Services in Evansville, Indiana (2002-2005); and Pruco Securities Corporation in Newark, New Jersey (1996-2002). He has passed four securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on October 11, 2007; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on April 11, 1996; Series 7 (General Securities Representative Examination), which he obtained on July 1, 2003; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on April 11, 1996. He is a registered broker and investment adviser with nine US states and territories: Florida, Illinois, Indiana, Iowa, Kentucky, Michigan, North Carolina, Ohio, and Oregon.

According to his BrokerCheck report, he has received one customer complaint and one denied customer complaint.

John TaoPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on September 6, 2018 indicate that Florida-based Ameriprise Financial Services broker/adviser John Tao has received a pending customer dispute. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Tao (CRD# 2505955).

John Tao has spent 17 years in the securities industry and has been registered with Ameriprise Financial Services in Plantation, Florida since 2002. Previous registrations include IDS Life Insurance Company in Minneapolis, Minnesota (2002-2006) and Baraban Securities in Los Angeles, California (1995). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on August 13, 2002; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 6, 1995; and Series 7 (General Securities Representative Examination), which he obtained on August 2, 2002. He is a registered broker and investment adviser with seven US states: California, Florida, Hawaii, Illinois, Maryland, North Carolina, and Pennsylvania.

According to his BrokerCheck report, he has received one pending customer complaint and one denied customer complaint.

Ameriprise Financial Services SecuritiesPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on August 31, 2018 indicate that Minnesota-based brokerage and advisory firm Ameriprise Financial Services Securities has received almost 200 regulatory sanctions and customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ameriprise Financial Services (CRD# 6363).

Established in Delaware in 1971, Ameriprise Financial Services is headquartered in Minneapolis, Minnesota and registered with 53 US states and territories. According to the firm’s BrokerCheck report, it has received 76 regulatory events and 105 customer complaints that evolved into arbitration.

In July 2018 the California Department of Business Oversight sanctioned the firm in connection to allegations it violated state regulations when its representatives sold non-traded real estate investment trusts “on at least 90 occasions.” The firm was ordered to cease and desist and to pay the cost of the investigation, a sum of $115,000.

PFS InvestmentsPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 31, 2018 indicate that Georgia-based broker-dealer and advisory firm PFS Investments has received regulatory sanctions and customer disputes. Fitapelli Kurta is interested in hearing from investors who have complaints regarding PFS Investments (CRD# 10111).

Established in George in July 1981, PFS Investments is headquartered in Duluth, Georgia and registered with 53 US states and territories. It is owned by Primerica Finance Corporation. According to the firm’s BrokerCheck report, it has received 17 regulatory events and three customer complaints that evolved into arbitration.

In 2013 the State of Nevada sanctioned PFS Investments in connection to allegations the firm accepted the the representation by one of its representatives, Chris Howard, that he had served a role in another company as a “as passive investment when, in fact, it had evolved over time,” and that the firm did not have a procedure that required representatives to disclose compensation they received from “outside motivational speakers in connection with seminars” that firm representatives are required to pay to attend. The firm was issued a fine of $9,000.