Investors potentially experienced sales practice violations because of securities broker Richard Kevin Kubiak [CRD: 2856073, Clarence Center, New York], based on disclosures through FINRA’s BrokerCheck. Kubiak has been registered with Ameriprise Financial Services LLC at its Cheektowaga, New York location since February 24, 1997, and at the firm’s Clarence Center, New York location since June 7, 2016. Check out the following information about the allegations involving Richard Kubiak and the investment products tied to the client’s claim.
Particularly, on March 28, 2025, an Ameriprise Financial Services LLC client filed FINRA Arbitration No. 25-00625 about Richard Kubiak. The client alleged that Kubiak made unsuitable recommendations involving insurance products, fixed annuities, variable annuities, and illiquid real estate investments. Because of this, the client allegedly sustained damages. Therefore, the client requested $6,075,978.00 in compensation from Ameriprise Financial Services LLC or Kubiak. Evidently, this arbitration is pending a resolution.
An allegation of unsuitable recommendations means that the broker is accused of recommending investments that were not appropriate for the client’s financial needs, investment goals, or risk tolerance. Brokers are required to understand their clients' financial profiles and only suggest investments that align with those circumstances. If a broker disregards these requirements, it can result in financial harm for the client.
Did you experience losses because of Richard Kubiak? If you have, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney regarding a possible recovery of your investment losses. Soreide Law Group has helped recovered losses for clients located throughout the country. The firm represents clients through a contingency fee basis and advances all costs. Kubiak and brokerage firms Kubiak worked for deny accusations of sales practice violations.
Investors might have sustained financial harm through WestPark Capital Inc. [CRD: 39914, Los Angeles, California], according to publicly available information found on Financial Industry Regulatory Authority BrokerCheck. WestPark Capital has been registered with FINRA since 1996 and maintains its headquarters in Los Angeles, California. Keep reading to discover more about the regulatory action involving the […]
Investors might have sustained losses due to securities broker James Fredrick Tighe [CRD: 3129233, Phoenix, Arizona], and Financial Industry Regulatory Authority barred him, based on public information on BrokerCheck. Tighe was associated with Morgan Stanley from June 1, 2009, through January 14, 2025. Continue reading to find out more about Tighe’s regulatory and client dispute […]
Investors potentially experienced sales practice violations by securities broker Sung Moo Cho (also known as Sam Cho) [CRD: 5015906, New York, New York], and FINRA barred him, given the public information found on FINRA BrokerCheck. Cho was associated with Ameriprise Financial Services from January 22, 2021, to October 21, 2025, and Citigroup Global Markets from […]
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