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 shows disclosures about securities broker / financial advisor Juan Manuel Rascon [CRD: 5631144, Katy, Texas]. According to his employment history, Rascon joined Cetera Investment Services LLC on March 8, 2019, and previously worked for BBVA Securities Inc. from May 16, 2013, to March 11, 2019. Investors have raised concerns about his handling of certain accounts, including allegations of unsuitable recommendations and misrepresentation. Read on for more details about the disputes surrounding Rascon.
On September 3, 2024, a client of Cetera Investment Services LLC filed a complaint accusing Juan Rascon of making unsuitable recommendations and misleading the client. The client alleged that these actions related to structured products. Cetera Investment Services LLC denied the client's complaint, and no compensation was awarded in this matter.
On May 18, 2023, an investor filed FINRA Arbitration No. 23-00925 about Juan Rascon while he worked for BBVA Securities Inc., accusing him of breaching his fiduciary duty and making unsuitable recommendations. The investor alleged that Rascon allowed her to pledge her assets against a joint debt with her ex-husband. Supposedly, he invested in equities. The investor asked for $1,000,000 in damages. This matter is currently pending a resolution.
On July 14, 2014, a client made a complaint about the broker. This concerned three certificates of deposit (CDs) issued by BBVA Securities Inc.'s affiliate bank. The client claimed that the representative, in his capacity as an employee of the bank, did not adequately disclose the terms of the CDs. Evidently, on August 22, 2014, the firm’s affiliate bank settled the matter.
Contact Soreide Law About Juan Rascon Today
Contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney for more information. Rascon 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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