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.
Financial Industry Regulatory Authority (FINRA) BrokerCheck reveals disclosures about securities broker John George Rotando Jr. [CRD: 2071444, Greenwich, Connecticut]. Rotando joined Wells Fargo Clearing Services LLC on April 29, 2016, and he also serves as a financial advisor with Wells Fargo Advisors. Before his time at Wells Fargo, he worked for UBS PaineWebber Inc. and Banc of America Investment Services Inc. Investors have recently raised concerns about his investment recommendations, specifically related to unsuitable advice involving variable annuities. Keep reading to learn more about the client disputes and regulatory actions concerning Rotando’s conduct in the securities industry.
A client of Wells Fargo Clearing Services LLC filed FINRA Arbitration No. 24-00722 on April 2, 2024, accusing John Rotando of making unsuitable recommendations concerning variable annuities. The client alleged that these actions caused damages and is seeking compensation from Wells Fargo or Rotando. This matter is currently pending a resolution.
Also, FINRA Arbitration No. 12-03534 was settled on August 16, 2013, for $40,000 in damages. The claim, involving Rotando's conduct at Banc of America Investment Services Inc., alleged misrepresentations and unsuitable recommendations concerning closed-end funds and stocks.
FINRA BrokerCheck shows that on July 1, 2002, a client complaint about John Rotando, while he worked for UBS PaineWebber Inc., was settled for $8,000. The client accused Rotando of providing unsuitable advice regarding mutual funds, which allegedly resulted in financial damages.
For more information, contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney. Rotando and the firms he worked for deny the accusations of sales practice violations. Soreide Law Group has experience representing investors throughout the country. The firm handles cases on a contingency basis.
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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