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.
A pending customer claim on the BrokerCheck report of John Ravsten (CRD: 5634077) alleges $118,000 in damages. The claimant alleges misrepresentation and says the investment did not suit the claimant's situation.
Patrick Capital is the firm on the disclosure. BrokerCheck lists his full name as John C. Ravsten.
On August 18, 2026, the claimant filed under docket number 26-01517. According to BrokerCheck, the claimant alleges a lack of reasonable due diligence on the investment. The claim names John Ravsten and Patrick Capital.
In addition, the claimant alleges misrepresentation and says the investment was unsuitable given the claimant's financial situation, needs, investment objectives, and risk tolerance. So far, no arbitrator has ruled on the claim, which remains pending and seeks $118,000.
Before a firm recommends an investment, it has to look into the product and the company behind it. That review matters most for products with little public information, such as private offerings. In those cases, the firm's review may be the only outside check an investor gets.
A firm that relies only on an issuer's own materials, for example, can miss what an independent review would catch. Because of that, due diligence claims usually ask what the firm checked and when. They also ask whether the firm passed what it learned to the broker and the customer. Those are the questions a claim like the one naming John Ravsten raises.
Brokers also have to describe an investment accurately, including its main risks. A misrepresentation claim turns on what the customer heard and what the broker left out, so offering documents, emails and notes often decide it.
Finally, a recommendation has to fit the customer. Brokers weigh age, income, goals, experience and how much risk the customer can afford. The claim against John Ravsten alleges the investment did not meet that standard, and he can answer it before any hearing.
FINRA member firms must supervise the activities of their brokers. If you have questions about an account that John Ravsten handled, call Soreide Law Group at (888) 760-6552. You can also reach us online to speak with a securities attorney. Our securities lawyers handle FINRA arbitration claims on a contingency fee basis. Learn how FINRA arbitration works.
This post summarizes public FINRA records, including BrokerCheck, as of October 6, 2026. Allegations in customer complaints and arbitrations are claims, not findings. Pending claims remain open and undecided. A settlement is also not an admission of wrongdoing. FINRA may also update or correct these records after that date.
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.
Phone:
Fax: 1-954-760-6553
Email: [email protected]