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.
Investors potentially experienced sales practice violations because of securities broker Kendal Ashley Fordham (also known as Kendal Ashley Cann) [CRD: 6504618, Jacksonville, Florida], according to publicly available information on FINRA BrokerCheck. Notably, Fordham worked for Raymond James Financial Services Inc. from March 29, 2017 to February 12, 2019. Below, you can learn more about Fordham’s disclosures and the nature of the investor complaints made about her.
Specifically, on February 20, 2025, a Planning Solutions International LLC (TOAMS Financial) and Privileged Planning Inc. client filed Civil Action No. 16-2025-CA-000996 about Kendal Fordham. Particularly, the client alleged that Fordham recommended unsuitable structured notes and overconcentrated the client’s accounts in those products. For this reason, the client allegedly sustained damages relating to structured notes upon liquidation. Thus, the client requested $50,000 in compensation from Planning Solutions International LLC or Fordham. Evidently, this civil suit is pending a resolution.
When a securities broker or financial advisor recommends unsuitable structured notes, it means they may have suggested complex investment products that don’t align with a client’s financial goals, risk tolerance, or investment profile. Structured notes can involve high risk and limited liquidity, and may lead to losses if sold before maturity or if market conditions change.
Do you have concerns or questions regarding investments involving Kendal Fordham? If so, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities lawyer. For years, Soreide Law Group has recouped losses for investors throughout the United States. Also, the firm works on a contingency fee basis and advances the costs. Fordham and brokerage firms Fordham worked for deny 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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