Mohsen Babaeian of Ameriprise Financial Services, LLC
LLC and Bankers Life Securities
Continue ReadingInvestors' Rights with Robert Pearce
Welcome to Investors' Rights with Robert Pearce, your premier online resource for broker complaints and reviews, customer dispute details, and timely updates on potential stockbroker and investment advisor misconduct.
Created and published by Attorney Robert Wayne Pearce—one of the most experienced investment fraud, securities defense, and FINRA arbitration lawyers nationwide—this website is dedicated to safeguarding the rights of investors. We bring you decades of hands-on legal experience and a track record of recovering over $175 million for clients in investment loss cases.
With over 45 Years of Personal Experience
Who This Site Is For
- Individual Investors: Seeking to understand possible broker or advisor wrongdoing.
- Retirees: Concerned about the management of retirement funds and looking to prevent or recover losses.
- Institutions & Organizations: Conducting due diligence on broker backgrounds, compliance, and past complaints.
- Legal & Regulatory Community: Journalists, regulators, and industry professionals tracking emerging trends and notable disputes in securities litigation.
Why Choose Investors' Rights with Robert Pearce
- Decades of Legal Advocacy: Attorney Pearce’s over 45 years in securities and commodities law translates into unmatched insight and fierce representation.
- Proven Results: Our team has earned a national reputation by recovering more than $175 million for clients, including multimillion-dollar awards and settlements.
- Comprehensive Coverage: We report on critical broker allegations, terminations, and investor lawsuits, giving you the most current information to protect your financial interests.
- Broad Industry Reach: Our attorneys have handled hundreds of FINRA, AAA, and JAMS arbitrations and mediations, spanning nationwide and international jurisdictions.
If you have any questions about potential investment losses or suspect broker misconduct, you’re invited to contact us at (561) 338-0037 for a free, confidential evaluation. We look forward to hearing your story and working together to preserve your rights as an investor.
Investigations
Adam Steen Formerly With UBS Financial Services Inc. FIRED
DID ADAM BROOKS STEEN CAUSE YOU INVESTMENT LOSSES? Adam Steen was fired from UBS Financial Services Inc. on November 6, 2024, for allegedly breaching firm policies by taking instructions from an unauthorized relative on a client account. Adam Steen Employment History and Termination Mr. Sprague has one customer dispute recorded in the FINRA report as follows: Negative Disclosures Summary One incident was noted on record: Adam Steen Red Flags & Your Rights As An Investor Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Adam Steen is a red flag which should put all current and former customers of Adam Steen at UBS Financial Services Inc. on alert to review carefully the activity and performance of their accounts and question whether Adam Steen engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at UBS Financial Services Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At UBS Financial Services Inc. Due To Adam Steen If you have questions about UBS Financial Services Inc. and/or Adam Steen and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingJeffrey Sprague of Cetera Advisors LLC Reviews
DID JEFFREY PAUL SPRAGUE CAUSE YOU INVESTMENT LOSSES? Jeffrey Sprague Customer Complaints and Reviews Mr. Sprague has one customer dispute recorded in the FINRA report as follows: Allegations Against Jeffrey Sprague The following disclosure events were noted on his record: Jeffrey Sprague Red Flags & Your Rights As An Investor Of course, Jeffrey Sprague did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Jeffrey Sprague at Cetera Advisors LLC on alert to review carefully the activity and performance of their accounts and question whether Jeffrey Sprague has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Advisors LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Cetera Advisors LLC Due To Jeffrey Sprague If you have questions about Cetera Advisors LLC and/or Jeffrey Sprague and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingJames Sophia, Jr Formerly With Morgan Stanley FIRED
DID JAMES RICHARD SOPHIA JR CAUSE YOU INVESTMENT LOSSES? James Sophia, Jr was fired from Morgan Stanley in January 2025, due to a number of allegations in violation of firm policies. James Sophia, Jr Employment History and Termination James Richard Sophia Jr. has over 25 years of experience in the securities industry, with employment at several firms since 1999, including Morgan Stanley, Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Financial Services Inc. and Wachovia Securities, Inc. He is currently registered in nine U.S. states and territories and has passed two general industry/product exams, two multi-state securities law exams but has not completed any principal/supervisory exams. Mr. Sophia has currently registered with Vanderbilt Advisory Services as an investment adviser and Vanderbilt Securities LLC as a registered broker since January 2025. Negative Disclosures Summary The following disclosure events were noted on his record: James Sophia, Jr Red Flags & Your Rights As An Investor Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of James Sophia, Jr is a red flag which should put all current and former customers of James Sophia, Jr at Morgan Stanley on alert to review carefully the activity and performance of their accounts and question whether James Sophia, Jr engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Morgan Stanley also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Morgan Stanley Due To James Sophia, Jr If you have questions about Morgan Stanley and/or James Sophia, Jr and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingNusrat Shabnam Formerly With J.P. Morgan Securities LLC FIRED
DID NUSRAT SHABNAM CAUSE YOU INVESTMENT LOSSES? Nusrat Shabnam was fired from J.P. Morgan Securities LLC on December 20, 2024, for bank policy violations Nusrat Shabnam Employment History and Termination Nusrat Shabnam had a relatively brief career in the financial industry, working for one securities firm before her termination. She was employed with J.P. Morgan Securities LLC, and JPMorgan Chase Bank, N.A. where she held roles as a licensed banker and relationship banker from February 2023 to January 2025 During her tenure, she passed two general industry/product exams and one multi-state securities law exam, but did not complete any principal/supervisory exams. On December 20, 2024, Shabnam was terminated from JPMorgan Chase Bank, N.A. due to violating affiliate bank policy by enrolling customers in convenience products without their consent and entering information into the system on behalf of customers. She is currently not registered with any securities firm. Negative Disclosures Summary Nusrat Shabnam has one reported disclosure event in her FINRA record: Nusrat Shabnam Red Flags & Your Rights As An Investor Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Nusrat Shabnam is a red flag which should put all current and former customers of Nusrat Shabnam at J.P. Morgan Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Nusrat Shabnamengaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.P. Morgan Securities LLCalso raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At J.P. Morgan Securities LLC Due To Nusrat Shabnam If you have questions about J.P. Morgan Securities LLC and/or Nusrat Shabnam and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingAnthony Seifert Formerly With Kestra Investment Services, LLC FIRED
DID ANTHONY J SEIFERT CAUSE YOU INVESTMENT LOSSES? Anthony Seifert was fired from Kestra Investment Services, LLC on January 31, 2025, following a FINRA regulatory action. Anthony Seifert Employment History and Termination Anthony J. Seifert has a decade of experience in the financial industry and has worked for three firms as a registered broker: Kestra Investment Services, LLC (2022-2025); Merrill Lynch, Pierce, Fenner & Smith Inc. (2016-2022); and Sterne Agee Financial Services, Inc. (2015-2016) He has passed two general industry/product exams and one multi-state securities law exam but has not completed any principal or supervisory exams. Mr. Seifert is not currently registered with a brokerage firm. He was terminated by Kestra Investment Services on January 31, 2025, due to a FINRA Acceptance, Waiver, and Consent (AWC) settlement, which resulted in a 20-day suspension and a $5,000 fine for unauthorized discretionary trading. Prior to Kestra, Mr. Seifert was terminated by Merrill Lynch on March 23, 2022, for allegedly exercising time and price discretion in non-discretionary accounts and using a personal device for business purposes. Negative Disclosures Summary Four disclosures were noted: Allegations and Accusations Anthony Seifert Red Flags & Your Rights As An Investor Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Anthony Seifert is a red flag which should put all current and former customers of Anthony Seifert at Kestra Investment Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Anthony Seifert engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Kestra Investment Services, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Kestra Investment Services, LLC Due To Anthony Seifert If you have questions about Kestra Investment Services, LLC and/or Anthony Seifert and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingSteven Seid Formerly With Touchstone Securities, Inc. FIRED
DID STEVEN J SEID CAUSE YOU INVESTMENT LOSSES? Steven Seid was fired from Touchstone Securities, Inc. on December 26, 2024, following findings that he was in violation of company policies Steven Seid Employment History and Termination Steven J. Seid has a long-standing career in the financial industry, working for Touchstone Securities, Inc. from October 2012 to January 2025 as a registered broker. Prior to that he held a position at Western & Southern Life in a non-investment role. During his career he passed one principal/supervisory exam, two general industry/product exams, and one multi-state securities law exam. He also holds the Chartered Financial Analyst (CFA) designation, which is widely recognized in the investment industry. However, he is no longer registered as a broker On December 26, 2024, Seid was terminated from Touchstone Securities, Inc. after an internal review by the company’s Human Resources department found that he violated company policies, including the Code of Conduct and policies related to the protection of confidential company information. Negative Disclosures Summary One Employment Termination was noted on his record Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Steven Seid is a red flag which should put all current and former customers of Steven Seid Touchstone Securities, Inc. on alert to review carefully the activity and performance of their accounts and question whether Steven Seid engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Touchstone Securities, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At Touchstone Securities, Inc. Due To Steven Seid If you have questions about Touchstone Securities, Inc. and/or Steven Seid and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingSandip Shah Formerly With LPL Financial FIRED
DID SANDIP NALIN SHAH CAUSE YOU INVESTMENT LOSSES? Sandip Shah was fired from LPL Financial in January 2025, for allegedly failing to report and receive prior approval for an outside business activity and submitting account documents containing non-genuine signatures. Sandip Shah Employment History and Termination Sandip N. Shah has over two decades of experience in the financial industry, having worked for five different firms. From 2009-2025. His most recent registration was with LPL Financial LLC from September 2023 to January 2025. Prior to that, he had a long tenure at Sigma Financial Corporation from July 2010 to September 2023 and a brief tenure with Jesup & Lamont Securities Corp (2009-2010 Shah has passed two general industry/product exams and one multi-state securities law exam, but he has not completed any principal or supervisory exams. He is currently not registered as a broker. On January 3, 2025, he was discharged from LPL Financial LLC due to alleged violations involving outside business activity and non-genuine signatures on account documents. Negative Disclosures Summary Total number of disclosures: 1 Sandip Shah Red Flags & Your Rights As An Investor Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Sandip Shah is a red flag which should put all current and former customers of Sandip Shah at LPL Financial on alert to review carefully the activity and performance of their accounts and question whether Sandip Shah engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at LPL Financial also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At LPL Financial Due To Sandip Shah If you have questions about LPL Financial and/or Sandip Shah and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingLaura Burgett Formerly With The Huntington Investment Company FIRED
DID LAURA ELIZABETH BURGETT CAUSE YOU INVESTMENT LOSSES? Laura Burgett was fired from The Huntington Investment Company in December 2024 due to violations of corporate conduct policy. Laura Burgett Employment History and Termination Laura Elizabeth Burgett has worked in the financial industry for over a decade. She was previously employed as a registered broker with The Huntington Investment Company in Warren, Michigan from June 2011 to January 2025, holding the role of Investment Representative at The Huntington Investment Company and was concurrently employed at Huntington National Bank as a Personal Banker since 1985. During her career, she passed two general industry/product exams and one multi-state securities law exam, but did not complete any principal/supervisory exams. Currently, she is not currently registered with any securities firm. Ms. Burgett was terminated by The Huntington Investment Company on December 14, 2024, following an internal review that led to her termination for violating corporate conduct policies. It was disclosed that she had provided the bank client depositing account information to a client’s relative who was not listed on the account. Negative Disclosures Summary Ms. Burgett has one reported employment termination in her FINRA record: Adam Brown Red Flags & Your Rights As An Investor Regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint was filed, the termination of Laura Burgett is a red flag which should put all current and former customers of Laura Burgett at The Huntington Investment Company on alert to review carefully the activity and performance of their accounts and question whether Laura Burgett engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at The Huntington Investment Company also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At The Huntington Investment Company Due To Laura Burgett If you have questions about The Huntington Investment Company and/or Laura Burgett and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
Continue ReadingAdam Brown of St Bernard Financial Services, Inc. Reviews
DID ADAM KENNON BROWN CAUSE YOU INVESTMENT LOSSES? Adam Brown Customer Complaints and Reviews Nikolay Brakshkis has experience in the financial sector, having been a registered broker with J.P. Morgan Securities LLC from August 2021 to January 2025. He also held a position as a relationship banker at JPMorgan Chase Bank, N.A. As of now, he is not currently registered with any securities firm. Over his career, he has passed two general industry/product exams and one multi-state securities law exam. However, he has not completed any principal/supervisory exams. Mr. Brakshkis was terminated on December 16, 2024, by JPMorgan Chase Bank, N.A. The reason cited for his dismissal was assigning affiliate bank incentive credit to a co-worker who was not eligible to receive it. Adam Brown Customer Complaints and Reviews Adam Kennon Brown has one customer dispute listed in his FINRA report. Allegations Against Adam Brown Adam Brown Red Flags & Your Rights As An Investor Of course, Adam Brown did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Adam Brown at St Bernard Financial Services, Inc. on alert to review carefully the activity and performance of their accounts and question whether Adam Brown has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at St Bernard Financial Services, Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor. Did You Lose Money Because of Broker Misconduct? If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses. Need Legal Help? Let’s talk. or, give us a ring at 561-338-0037. File A Claim To Recover Your Investment Losses At St Bernard Financial Services, Inc. Due To Adam Brown If you have questions about St Bernard Financial Services, Inc. and/or Adam Brown and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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