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.
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