Investors potentially experienced sales practice violations by securities broker William Bernard Tunink (also known as Bill Tunink) [CRD: 2738224, West Des Moines, Iowa], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Tunink worked for LPL Financial LLC from October 29, 2021, to September 23, 2025, and for Avantax Investment Services Inc. from June 12, 1996, to November 1, 2021. See below to learn more about Tunink’s disclosures.
Specifically, a client filed a complaint about William Tunink. Mainly, the client alleged that Tunink received personal funds from the client for an investment opportunity that occurred outside the firm’s supervision. For this reason, the client allegedly experienced damages. As a result, on November 6, 2025 LPL Financial LLC settled this matter by paying the client $25,000 in damages.
Notably, a client of LPL Financial LLC contested William Tunink’s sales practices by filing FINRA Arbitration No. 25-02344 on October 27, 2025. Allegedly, Tunink accepted client loans, some of which were used in an outside investment activity. It appears that Tunink allegedly caused the investor to sustain damages. Therefore, the client seeks compensation from LPL Financial LLC or Tunink in the amount of $205,000 in this ongoing matter.
Also, on September 30, 2025, an LPL Financial LLC client filed Civil Action No. LACL163952 about William Tunink. Primarily, the client alleged that Tunink breached a contract by not repaying loans the client had extended to him. For this reason, the client allegedly sustained damages. As a result, the client requested $346,874 in compensation from LPL Financial LLC or Tunink. It appears that this civil suit is awaiting a resolution.
Specifically, a client of LPL Financial LLC contested William Tunink’s sales practices, based on a complaint dated September 22, 2025. Allegedly, Tunink sold investment units and took part in a silent partner arrangement outside the firm’s approval. It appears that Tunink allegedly caused the client to sustain damages. Therefore, the client sought compensation from LPL Financial LLC or Tunink in the amount of $205,376 in this matter.
Did you suffer any investment-related losses because of William Tunink? Contact Soreide Law Group at (888) 760-6552 or online and talk with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the country. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Tunink and brokerage firms Tunink 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 […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com