One or more investors possibly experienced losses because of securities broker Calvin James Heck [CRD: 1025767, Everett, Washington], based on public information found on FINRA BrokerCheck. Evidently, Heck has worked for Wedbush Securities Inc. in Los Angeles, California, since June 27, 2003, and in its Everett, Washington, office since June 11, 2020. Read on to discover more about Heck’s disclosures and what investors have alleged.
Evidently, on April 16, 2025, a Merrill Lynch client filed a complaint about Calvin Heck. Primarily, the client alleged that Heck misrepresented the tax consequences of a life insurance policy. Because of this, the client allegedly sustained damages. For this reason, the client requested compensation from Merrill Lynch or Heck.
Specifically, a client of Merrill Lynch, Pierce, Fenner Smith Inc. disputed Calvin Heck’s sales practices by filing FINRA Arbitration No. 2002-09760. Allegedly, Heck made unsuitable recommendations relating to mutual fund switching. It appears that Heck caused the client to sustain damages. For this reason, Merrill Lynch agreed to settle the matter on February 1, 2002, by paying $31,500.
Do you have concerns or questions regarding investments you made with Calvin Heck? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the country. The firm also works on a contingency fee basis and advances all costs. Heck and brokerage firms Heck worked for deny all allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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