John Alex (CRD: 2020710) settled customer disputes at Morgan Stanley and UBS Financial Services between 2011 and 2025, according to BrokerCheck, which lists him as John L. Alex.
Financial Industry Regulatory Authority (FINRA) BrokerCheck shows disclosures about securities broker Andrew Scheier [CRD: 2820778, New York, New York]. Evidently, Scheier has worked for Stifel Nicolaus Company Incorporated as a securities broker since August 21, 2007, and as a financial advisor since November 24, 2021. Recently, Scheier faced client disputes regarding his recommendations and strategies. Keep reading to learn more about these allegations and their outcomes.
Evidently, on January 2, 2024, a client of Stifel Nicolaus Company made a complaint accusing Andrew Scheier of making unsuitable recommendations and failing to execute a strategy to limit stock losses. The client asked for compensatory damages, but on January 10, 2024, Stifel Nicolaus denied the complaint, and no compensation was awarded.
Additionally, on June 30, 2016, a separate client complaint regarding Andrew Scheier was settled for $95,000. The client accused Scheier of unauthorized trading and making unsuitable recommendations. Stifel Nicolaus Company resolved the matter without the broker’s involvement.
Also, on February 18, 2014, FINRA Arbitration No. 13-00588 was settled for $22,000 after a client alleged that Scheier committed breach of fiduciary duty and negligent misrepresentation while employed at Stifel Nicolaus Company.
Looking for more information about Andrew Scheier? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney. Scheier and brokerage firms Scheier worked for deny accusations of sales practice violations. Soreide Law Group has experience representing investors throughout the country and handles cases on a contingency basis.
John Alex (CRD: 2020710) settled customer disputes at Morgan Stanley and UBS Financial Services between 2011 and 2025, according to BrokerCheck, which lists him as John L. Alex.
Sam Bhushan (CRD: 4884717) is named in several pending customer complaints and one settled dispute, according to his BrokerCheck report.
Sterling Louviere (CRD: 2021328), listed on BrokerCheck as Sterling Vaughn Louviere, is named in a pending customer claim over Reg D private placements, with Cabin Securities as the firm named.
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