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.
The South Florida-based law firm, Soreide Law Group, obtained the following information on Miami broker, LORENZO C ESTEVA, on FINRA’s website.
On September 11, 2017, LORENZO C ESTEVA CRD#: 2170595, was barred from acting as a broker or otherwise associating with firms that sell securities to the public by the Financial Industry Regulatory Authority Inc. (FINRA).
Esteva, based in Miami, was registered with UBS from November of 2015 to July of 2017, when he was terminated for allegedly giving clients documents with false account information.
Previously, LORENZO C ESTEVA was employed by Merrill Lynch in Miami for a total of 24 years.
According to FINRA documents, Esteva allegedly failed to produce FINRA-requested documents and information as part of an investigation into client complaints that allegedly Esteva provided falsified account statements to a client from 2001 to 2017 and that he improperly journaled funds between accounts of two unrelated clients. This resulted in Esteva being barred from the securities industry. Esteva neither admitted to nor denied any of FINRA’s findings. (Journaling funds means to transfer money between accounts. Brokers must have client permission to move money between accounts.)
According to FINRA’s BrokerCheck, LORENZO C ESTEVA has two pending customer disputes, on his report. In one report, a client alleges that he provided false account statements from January 2001 to May 2016, and in the other, the client alleges Esteva was never given permission to open a credit line.
If you were a client of former UBS Miami broker, LORENZO C ESTEVA, and you suffered financial losses due to his actions or recommendations, call the South Florida-based Soreide Law Group and speak to a securities lawyer regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents clients nationwide before FINRA and we operate on a contingency fee basis. Let our years of experience work for you.
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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