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.
Soreide Law Group provides you this update in regard to a problem securities broker by the name of Brian Joseph Harte (CRD#: 4780629, Alexandria Virginia). Notably, FINRA suspended the E1 Asset Management securities broker twice. Also, Harte is the target of four investor disputes. All together, these disclosures suggest that Harte failed to get permission to trade in client accounts. Here’s more.
FINRA suspended Brian Harte in June 2020 for making unauthorized trades in violation of FINRA and NASD rules. Apparently, from 2017 to 2018, Harte exercised discretion without permission in six client accounts. This means that he did not get clearance to make trades. Supposedly, clients and E1 Asset Management did not provide written authorization to Harte in connection with 50 transactions. Not only that, but E1 apparently prohibited securities brokers from exercising discretion. In 2015, FINRA suspended and fined Harte for violating FINRA disclosure rules.
Evidently, FINRA shows that a client took aim at Brian Harte regarding stock purchases which Harte seemed to have made without authorization. For this reason, the client demanded compensatory relief; however, E1 Asset Management denied this complaint. Previously, E1 Asset Management received a complaint from a client whose issue was about Harte not having authorization in connection with three stock purchases. Yet, E1 Asset Management denied the complaint. However, Harte compensated a client in the amount of $20,500 after that client accused him of making unauthorized trades and causing poor performance on investments.
Have you experienced losses by purchasing investments through Brian Harte? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery of your investment losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered millions of dollars for clients who have incurred losses due to misconduct of securities brokers like Harte and his employers.
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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