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.

Investors apparently complained about securities broker Fariba Zehtabian Madison [CRD: 1178259, Los Alamitos, California], based on publicly available information FINRA BrokerCheck. Evidently, Madison has been registered with Vanderbilt Securities LLC since June 4, 2025, and with Vanderbilt Advisory Services since June 6, 2025. Previously, she was associated with Western International Securities Inc. from November 19, 2012, to June 6, 2025, in both investment adviser and broker capacities. Read below to find out more about Madison’s disclosures and the disputes clients have raised concerning her conduct.
Also, on June 9, 2025, a Western International Securities Inc. client filed a complaint about Fariba Madison. Primarily, the client alleged that Madison made unsuitable recommendations and misleading statements. Because of this, the client allegedly sustained damages connected to corporate bonds. Consequently, the client requested $358,000.00 in compensation from Western International Securities Inc. or Madison.
Specifically, a client of Western International Securities Inc. contested Fariba Madison’s sales practices by filing FINRA Arbitration No. 22-02475. Allegedly, Madison was negligent concerning sales of corporate bonds. As a result, Western International Securities Inc. opted to settle the matter on January 17, 2024, by compensating the client in the amount of $150,000.00.
Evidently, a client of Western International Securities Inc. disputed Fariba Madison’s sales practices by bringing FINRA Arbitration No. 22-01718. Allegedly, Madison gave unsuitable advice. Supposedly, Madison caused the client to sustain damages on corporate bonds. Therefore, Western International Securities Inc. opted to settle the matter on December 20, 2023, by compensating the client in the amount of $225,000.
Additionally, a client of Western International Securities Inc. contested Fariba Madison’s sales practices by filing FINRA Arbitration No. 22-01897. Allegedly, Madison was negligent with respect to sales of corporate bonds. Consequently, Western International Securities Inc. opted to settle the matter on November 10, 2023, by compensating the client in the amount of $150,000.
Did you experience losses because of Fariba Madison? If so, reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer about a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee basis and advances all costs. Madison and brokerage firms Madison worked for deny accusations referenced in public disclosures.
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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