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 Eric Scott Felsenfeld (also known as Eric Felsenfeld) [CRD: 4496689, Rockville, Maryland]. Eric Felsenfeld worked for Kingswood Capital Partners LLC from June 15, 2018, to November 3, 2023, and is currently registered with Ameriprise Financial Services LLC as of October 16, 2023. Recently, Felsenfeld has been involved in client disputes alleging misrepresentation and unsuitable recommendations. Read on to learn more about these disputes and their outcomes.
On August 20, 2024, a client of Kingswood Capital Partners LLC made a complaint accusing Eric Felsenfeld of recommending a $40,000 investment in GWG. The client alleged that Felsenfeld misrepresented GWG as a solid, risk-free investment. The client is seeking $40,000 in compensation. This matter is currently pending a resolution.
On July 14, 2023, a client filed a dispute about Kingswood Capital Partners LLC, accusing Eric Felsenfeld of breach of contract, breach of fiduciary duty, negligence, and negligent misrepresentation. The allegations also included violations of Reg BI. The client asked for $22,000 in damages. Evidently, the firm settled the matter by paying the client $22,000 in compensation.
On February 1, 2021, a client of H. Beck Inc. alleged that Eric Felsenfeld misrepresented the risks of BDCs and REITs and recommended unsuitable investments between November 2015 and May 2016. The client asked for $123,000 in damages. On January 18, 2022, the firm settled the matter for $30,000.
On October 1, 2020, clients accused Eric Felsenfeld of recommending unsuitable investments in REITs and UITs from July 25, 2012, to August 12, 2020. The clients asked for $5,000 in damages. However, the firm denied the allegations, and no compensation was awarded in this matter.
Contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney for more information. Felsenfeld and the brokerage firms he worked for deny accusations of sales practice violations. Soreide Law Group has experience representing investors throughout the country. The firm 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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