The Financial Industry Regulatory Authority (FINRA) reports important information about securities broker John Charles Broughton (CRD#: 2362478, Gross Pointe Woods, Michigan). Specifically, four investors filed disputes about Broughton. One of those investors filed a claim in July 2020 concerning Broughton’s actions at Cetera Investment Services LLC. Evidently, Broughton worked as a Cetera Investment Services securities broker from December 2016 to April 2020. Here’s more about the investor disputes.
Notably, a client of Cetera Investment Services LLC disputed John Broughton’s activities. In this July 2020 complaint, the client contends that Broughton misrepresented how much interest the client was due on the annuity. Not only that, but the Cetera Investment Services securities broker allegedly misrepresented fees charged on the annuity. For this reason, the client sought relief. However, Cetera Investment Services denied this complaint in August 2020.
It appears that the other disputes on John Broughton’s BrokerCheck record concern his activities at a former securities firm employer, NatCity Investments. In one of those disputes, a client alleges the securities broker’s misrepresentation regarding stocks. Evidently, the firm negotiated a settlement with the client. BrokerCheck shows that in a different dispute that settled for compensation to a client, Broughton allegedly provided improper investment advice. Supposedly, the client experienced damages on a variable annuity transaction.
John Broughton also worked for securities firms Citizens Securities (April 2020 to January 2021) and LPL Financial LLC (April 2011 to January 2017).
Did you suffer losses because of securities broker John Broughton? If so, call Soreide Law Group at (888) 760-6552 and speak with a helpful securities lawyer about a potential recovery of your losses. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered substantial compensation for hundreds of United States investors who have incurred losses from their financial advisors and securities brokers. Please note that Broughton denies all allegations of his sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com