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 reportedly complained about securities broker John Brian Lee (also known as Brian Lee) [CRD: 2950037, Fort Worth, Texas], based on publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. John Lee worked for Cambridge Investment Research Inc. and Cambridge Investment Research Advisors Inc. from June 7, 2012 to August 25, 2021, and currently works with LPL Financial LLC as of August 10, 2021. See the following information to find out more about the client disputes concerning his alleged sales practices.
Notably, on February 20, 2025, a Cambridge Investment Research Inc. client filed FINRA Arbitration No. 25-00359 about John Brian Lee. Allegedly, Lee made unsuitable recommendations of oil and gas investments to generate fees and commissions. Therefore, the client requested damages in compensation from Cambridge Investment Research Inc. or Lee. Evidently, this arbitration is pending a resolution.
In addition, a client of Cambridge Investment Research Inc. contested John Lee’s sales practices in FINRA Arbitration No. 22-01393. Mainly, the investor alleged that Lee made unsuitable recommendations and caused the client’s account to lack diversification. It appears that Lee caused the client to sustain damages connected to oil and gas investments and direct investments. Consequently, Cambridge Investment Research Inc. opted to settle the matter on July 30, 2023, by paying the client $575,000.00.
Cambridge Investment Research Permitted Brian Lee To Resign For Alleged Signature Reuse
Also, on August 10, 2021, Cambridge Investment Research Inc. disaffiliated with Lee for his office’s reuse of client signatures. Lee claimed that he did not know or involve himself in the reuse of client forms.
Did you experience losses because of John Brian Lee? You should reach out to Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney about a potential recovery. For years, Soreide Law Group has helped to recoup losses for investors throughout the country. Also, the firm handles cases on a contingency fee arrangement and advances the costs. Lee and brokerage firms Lee worked for deny accusations 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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