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.
Soreide Law Group is investigating possible investor claims against securities broker Kaival Patel AKA Kaival Patel [CRD#: 4470522, Hackensack, NJ]. Notably, New Jersey Bureau Securities sanctioned the securities broker, who worked for Stifel Nicolaus Company. Allegedly, Patel was sanctioned because he was barred by FINRA. Here is a brief summary New Jersey Bureau Securities’ allegations against Patel.
Evidently, on September 8, 2022, New Jersey Bureau Securities issued an Order sanctioning Kaival Patel for infractions. Specifically, New Jersey Bureau Securities denied Patel’s registration as a securities broker because he was barred by FINRA.
Also, on May 17, 2022, FINRA issued Case #: 2022074024401 sanctioning Kaival Patel for infractions. Specifically, FINRA barred the securities broker. Notably, FINRA alleged that Patel failed to provide information and documents to FINRA when it investigated possible violations of FINRA rules.
Evidently, a client of AXA Advisors (Equitable Advisors) contested Patel’s sales practices, according to a complaint dated August 29, 2003. Allegedly, Patel made misrepresentations. Supposedly, the variable annuities which Patel sold or recommended had caused the client to sustain damages. Therefore, the client seeks compensatory relief from AXA Advisors (Equitable Advisors) or Patel in this ongoing matter.
Kaival Patel worked for Stifel Nicolaus Company Incorporated in Hackensack, NJ, as a securities broker from July 9, 2018 to February 4, 2022.
Have you suffered damages because of investing through Kaival Patel? If so, contact Soreide Law Group at (888) 760-6552 to talk with a securities lawyer about a possible recovery of your investment losses. Notably, Soreide Law Group has successfully recovered money for investors throughout the United States. The firm represents clients on a contingency fee basis and advances all costs. Patel and brokerage firms Patel was employed by deny any and all 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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