Curtis Luckman Tied To American Portfolios Investor Arbitration Claim Re: Misappropriation

Investors might have sustained losses due to securities broker Curtis Michael Luckman [CRD: 2865603, Woodbury, New York], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Luckman worked for American Portfolios Financial Services Inc. from January 5, 2004, to October 11, 2024, and Osaic Wealth Inc. from October 11, 2024, to July 9, 2025. Keep reading to find out more about Luckman’s disclosures.

American Portfolios Investor Accused Luckman Of Sales Practice Violation Involving Investment Solicitation

Evidently, on January 28, 2026, an American Portfolios Financial Services client filed FINRA Arbitration No. 26-00197 about Curtis Luckman. Mainly, the client alleged that Luckman solicited investments in promissory notes issued by Income Advantage Fund LLC I and Income Advantage Fund LLC II. The client also alleged misappropriation of investor funds. Because of this, the client allegedly sustained damages associated with private limited liability company interests and promissory notes. Consequently, the client requested compensation from American Portfolios Financial Services or Luckman. BrokerCheck shows that this arbitration is awaiting a resolution.

Curtis Luckman Disclosed Breach Of Fiduciary Duty, Breach Of Contract, And Unsuitable Trading Allegations By Franklin Securities Investor

Particularly, a client of Franklin Securities contested Curtis Luckman’s sales practices by filing NASD Arbitration No. 04-8791. Allegedly, Luckman negligently supervised a registered representative. The claim also alleged unsuitable trading, breach of contract, breach of fiduciary duty, and violations of Section 10(b) of the Securities Exchange Act of 1934. It appears that Luckman caused the client to sustain damages in connection with equities and mutual funds. The matter settled for $120,000, with no individual contribution by Luckman.

Franklin Investor Accused Luckman Of Sales Practice Violation

Also, a Franklin Securities client filed NASD Arbitration No. 03-07686 about Curtis Luckman. Primarily, the client alleged that Luckman and others breached legal duties relating to the client’s purchases of a security. For this reason, the client allegedly sustained damages tied to variable annuities and penny stocks. The firm opted to settle the matter for $24,000.

Were You Impacted By Securities Broker / Financial Advisor Curtis Luckman?

Do you have concerns or questions regarding investments you made with Curtis Luckman? You should contact Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, our securities lawyers handle cases on a contingency fee basis and advance all costs. Luckman and brokerage firms Luckman worked for deny accusations of sales practice violations.