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 might have sustained losses due to securities broker Michael Vernon Biggs (also known as Mike Biggs) [CRD: 1697481, Clarksville, Tennessee], based on public information located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Biggs worked for Equitable Advisors LLC since January 18, 2008. Investors are encouraged to continue reading to find out more about the disclosures involving this securities broker.
Notably, a client of Equitable Advisors LLC contested Biggs’ sales practices, according to a complaint dated November 11, 2025. Allegedly, Biggs made misrepresentations concerning variable universal life insurance policies. It appears that Biggs allegedly caused the client to sustain damages connected to those life insurance products. As a result, the client sought compensation from Equitable Advisors LLC or Biggs in this matter. However, the firm denied this complaint.
Specifically, a client filed a complaint about Michael Biggs. Primarily, the client alleged that Biggs made unsuitable recommendations. Because of this, the client allegedly incurred damages associated with mutual funds. Therefore, on October 5, 2021, Equitable Advisors settled this matter by paying the client $125,000 in damages.
Particularly, a client filed a complaint about Michael Biggs. Mainly, the client alleged that Biggs made misrepresentations by indicating that an annuity carried a guaranteed interest rate, which influenced the client’s decision to invest. For this reason, the investor allegedly sustained damages pertaining to variable annuities. Consequently, on December 5, 2008, Wachovia Securities LLC settled this matter by paying the client $75,000 in damages.
Do you have concerns or questions regarding investments you made with Michael Biggs? You should contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has recovered losses for many clients throughout the US. Also, our securities attorneys work on a contingency fee arrangement and advance all costs. Biggs and brokerage firms Biggs worked for deny any 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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