Investors potentially experienced sales practice violations by securities broker Kenneth Joseph Vercellino (also known as Kenny Vercellino) [CRD: 2583864, San Francisco, California], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Vercellino worked for J.P. Morgan Securities LLC from July 29, 2010, through February 26, 2022, and has worked for Raymond James Associates Inc. since February 28, 2022. Read on to discover more about disclosures involving this securities broker.
Notably, on February 25, 2026, a J.P. Morgan Securities LLC client filed FINRA Arbitration No. 26-00380 about Kenneth Vercellino. Primarily, the client alleged that Vercellino made unsuitable recommendations and engaged in discretionary trading in investment accounts. For this reason, the client allegedly sustained damages involving options. Consequently, the client requested $10,953,568 in compensation from J.P. Morgan Securities LLC or Vercellino. BrokerCheck shows that this arbitration is awaiting a resolution.
Options are investment contracts that give investors the right to buy or sell a security at a specified price before a certain date. Because options can be complex and carry significant risks, they are not appropriate for every investor. Unsuitable advice concerning options generally refers to allegations that a securities broker or financial advisor recommended an options strategy that did not fit the client's investment goals, financial situation, risk tolerance, or level of investment experience. Investors may suffer losses if they are placed into options strategies they do not fully understand or that expose them to risks they were not prepared to take.
Are you concerned about investments you made through Kenneth Vercellino? Get in touch with Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of clients throughout the United States. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Vercellino and brokerage firms Vercellino worked for deny allegations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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