Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Investors apparently complained about securities broker Mark Elliot Zorn [CRD: 2056837, Addison, Texas], based on disclosures on FINRA BrokerCheck. Evidently, Zorn worked for Kestra Investment Services LLC from January 9, 2007, to June 22, 2022, and later for Cetera Advisor Networks LLC from June 21, 2022, to August 8, 2024. Read on to find out more about the disclosures involving Zorn.
Particularly, on June 17, 2025, a Kestra Investment Services LLC client filed FINRA Arbitration No. 25-01250 about Mark Zorn. Mainly, the client alleged that Zorn made unsuitable recommendations. Because of this, the investor allegedly sustained damages relating to direct investments and oil and gas investments. Consequently, the client requested $450,000 in compensation from Kestra Investment Services LLC or Zorn. It appears that this arbitration is pending a resolution.
Specifically, a client of Kestra Investment Services LLC disputed Mark Zorn’s sales practices by filing FINRA Arbitration No. 24-01802. Allegedly, Zorn made unsuitable recommendations concerning direct investments. As a result, Kestra Investment Services LLC opted to settle the matter on August 12, 2025, by compensating the client in the amount of $95,000.
Notably, a Cetera Advisor Networks LLC client filed FINRA Arbitration No. 23-01140 about Mark Zorn. Primarily, the client alleged that Zorn made unsuitable recommendations. For this reason, the client allegedly incurred damages connected to direct investments. Therefore, on July 9, 2024, Cetera Advisor Networks LLC settled this matter by paying the client $170,000 in damages.
Evidently, a client of NFP Securities contested Mark Zorn’s sales practices, according to a complaint dated November 16, 2010. Allegedly, Zorn made misrepresentations of material fact regarding commissions generated in the sale of mutual funds and a variable annuity. It appears that Zorn allegedly caused the client to sustain damages. Consequently, the client sought compensation from NFP Securities or Zorn in the amount of $32,000 in this matter. However, the firm denied this complaint.
Are you concerned regarding investments you made with Mark Zorn? You can get in touch with Soreide Law Group at (888) 760-6552 or online and talk with a securities lawyer concerning a potential recovery of your investment losses. For years, Soreide Law Group has recovered losses for investors throughout the country. Also, the firm works on a contingency fee basis and advances all costs. Zorn and brokerage firms Zorn worked for deny accusations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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