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.
FINRA BrokerCheck reveals disclosures about securities broker Daryl Ray Calton (CRD# 1002304, Mesa, Arizona), previously registered with Calton Associates Inc. from 1991 to 2023. He also held positions at First Affiliated Securities Inc., Ambanc Securities Inc., and Buchanan Co. Inc. over his 42-year career. Recent disclosures raise concerns about allegations of unsuitable investment recommendations.
On March 22, 2024, a client of Calton Associates Inc. alleged that Daryl Calton made unsuitable investments in a real estate investment trust (REIT). The client sought $50,000.01 in damages, and the matter was settled on June 26, 2024, for $12,250.00. (FINRA Arbitration No. 24-00658).
On September 11, 2012, another client alleged breach of fiduciary duty, negligence, and violations of Arizona securities law. The claim, involving a real estate security, sought $105,320.00 in damages and was settled on October 4, 2012, for $14,999.00, with Calton personally contributing $10,000.00 to the settlement. (FINRA Arbitration No. 12-03114).
Additionally, on August 3, 2023, a client filed a pending complaint against Calton, alleging unsuitable recommendations made to her and her late husband involving a real estate security. The claim seeks $236,200.00 in damages. Superior Court of the State of Arizona, County of Maricopa (Case No. CV2023-011525).
Investors considering working with previously registered brokers should conduct thorough due diligence. Allegations of unsuitable investments and breaches of fiduciary duty are serious matters that may impact investment decisions.
Looking for more information about Daryl Calton? If so, reach out to Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. The team at Soreide Law Group works on a contingency basis, advances all costs, and helps clients throughout the United States with recovering losses from sales practice misconduct. Calton and the firms he worked for deny accusations of sales practice violations.
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.
Phone:
Fax: 1-954-760-6553
Email: [email protected]