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 reveals disclosures about securities broker Gihan Anil Fernando (also known as Raphael Fernando) [CRD: 4469669, Houston, Texas].
Gihan Fernando worked for BOK Financial Securities, Inc. from March 7, 2003, to November 8, 2023, in Bellaire, Texas. He is currently registered with Cetera Investment Services LLC and Cetera Investment Advisers LLC in Houston, Texas, since January 12, 2024, and July 2, 2024, respectively.
Recent disclosures reveal concerns about Fernando’s conduct, including multiple allegations of misrepresentation related to non-traded REITs during his tenure at BOK Financial Securities.
On September 26, 2024, a client of BOK Financial Securities filed a complaint alleging misrepresentation of certain product features during the sales process around June 2017. The client requested $100,000 in damages. On an undisclosed date, the firm settled the case for $33,210.92. Fernando commented that these complaints stemmed from employer-approved products sold between 2015 and 2018.
A client alleged misrepresentation of product features during a sales interaction in April 2017. The complaint, filed on September 19, 2024, requested $50,000 in damages. The matter was resolved with a settlement of $16,605.46. Fernando attributed the dispute to employer-directed sales of approved non-traded REITs.
On August 28, 2024, two clients separately alleged misrepresentation of product features during sales interactions in December 2015. Both requested damages of $52,857.92. Settlements were reached, with the firm paying $41,808.20 and $41,813.24, respectively. Fernando maintained that these complaints pertained to employer-approved products sold during his tenure.
A client alleged misrepresentation of non-traded REIT features during a sales process in April 2016. Filed on February 16, 2024, the complaint requested $100,000 in damages. The case settled for $53,333.33. Fernando stated that all product sales were employer-approved and directed.
Looking for more information about Gihan Fernando? If so, reach out to Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. Soreide Law Group takes cases on a contingency basis, advances all costs upfront, and helps investors nationwide recover losses from sales practice violations, though outcomes cannot be guaranteed. Fernando and BOK Financial Securities 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.
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