Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors have come forward with complaints about securities broker Gilbert Russell Conrad (CRD: 2746778, Lewiston, New York). Evidently, the securities broker, who worked for JP Turner Company LLC, discloses client disputes via Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, JP Turner Company LLC clients allege that Conrad made unsuitable recommendations. For more on these disclosures about Conrad, see below.
Specifically, a JP Turner Company LLC client filed FINRA Arbitration: 20-01585HICH about Gilbert Conrad. Namely, the client alleged that Conrad provided unsuitable advice. Because of this, the client allegedly sustained damages on alternative investments. Therefore, on January 11, 2022, JP Turner Company LLC settled this matter by paying the client $10,000 in damages.
Also, a JP Turner Company LLC client filed FINRA Arbitration: 13-01426 about Gilbert Conrad. Namely, the client alleged that Conrad made misrepresentations, acted unethically, made unsuitable recommendations, was negligent, violated state securities laws, breached a contract, and breached a fiduciary duty. Because of this, the client allegedly sustained damages on TIC products. Therefore, on November 21, 2014, JP Turner Company LLC settled this matter by paying the client $235,000 in damages.
Conrad worked for JP Turner Company LLC as a securities broker from January 2012 to December 2015. He also worked for Summit Brokerage Services Inc., Independent Financial Group LLC, and Arkadios Capital. He has worked for Coastal Equities Inc. since March 2022.
Sustained damages by investing with Gilbert Conrad? If so, get in touch with Soreide Law Group at (888) 760-6552 and speak with a skilled securities attorney regarding a potential recovery of your investment losses. Soreide Law Group, who has helped recover money for investors within all 50 states, represents clients on a contingency fee basis and advances costs. Conrad and brokerage firms Conrad worked for deny any and all allegations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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