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 John James Pescatore [CRD: 2183696, Boca Raton, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. John Pescatore worked for Oppenheimer Co. Inc. from January 9, 2006, to October 31, 2025, and later registered with Ameriprise Financial Services LLC beginning October 27, 2025, as a broker and October 29, 2025, as an investment adviser. Investors should keep reading to learn more about disclosures involving this individual.
A breach of fiduciary duty generally means that a broker/advisor fails to act in the best interests of a client. Brokers and advisors are expected to place a client’s interests ahead of their own, provide full and fair disclosure, and act with loyalty and care when handling accounts or giving advice. When these duties are not met, investors may claim they were harmed as a result.
Particularly, an Oppenheimer Co. Inc. client filed FINRA Arbitration No. 25-01702 concerning John Pescatore. The client alleged that Pescatore breached his fiduciary duty, breached a contract, was negligent, violated FINRA rules, and that the firm negligently supervised certain representatives. The allegations relate to claims that the firm improperly permitted an unauthorized change of beneficiary following the death of a client during the period from January 2020 through December 2020. For this reason, the client allegedly incurred damages of approximately $200,000. The arbitration was filed on August 16, 2025, received on August 18, 2025, and remains pending.
Do you have concerns or questions regarding investments you made with John Pescatore? You can get in touch with Soreide Law Group online or at (888) 760-6552. Consult with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Pescatore and brokerage firms he worked for deny allegations 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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