Complaints Against Daniel Kittner

Former Ameritas Investment Corporation broker Daniel Kittner, out of Mesa, Arizona, recently resigned from his firm. He was “permitted to resign” from his position at Ameritas “during the firm’s investigation into a customer’s verbal complaint.” In December 2016, a customer alleged that Kittner, while employed at Edward Jones, did not properly advise him with respect…

Update For Investors: Daniel Davila and Unsuitable Investment Recommendations

Austin, Texas-based Purshe Kaplan Sterling broker Daniel Davila has been involved in resolved or pending complaints, according to the Financial Industry Regulatory Authority (FINRA). Davila allegedly recommended unsuitable investments in non-traded real estate investment trusts (REITs) and private placements, breached contract, committed fraud, breached fiduciary duty, engaged in conspiracy, employed deceptive trade practices and acted…

Update For Investors: Jeffrey Dragon

According to an Order with the Financial Industry Regulatory Authority (FINRA), Jeffrey Dragon, while registered with Berthel, Fisher & Co., as a broker, allegedly violated securities laws. Mr. Dragon was accused of recommending and engaging in short-term unit investment trust (UIT) trading in 19 accounts belonging to 12 of his customers. This occurred over a…

FINRA Suspends Kenneth Savino For Selling Away

The Financial Industry Regulatory Authority (FINRA) records indicate that Kenneth Savino, a former LPL broker, was suspended from the industry for 15 days and fined $5,000. He allegedly purchased shares of a security for $100,000 without providing prior notice to his member firm and inaccurately indicated on an annual compliance questionnaire that he had not…

Clifford Marks; MML Investors Services; Mobile, Alabama

Recent records published by the Financial Industry Regulatory Authority (FINRA) indicated that former MML Investors Services broker Clifford Marks has received numerous resolved or pending customer disputes. These allege him taking unauthorized loans against his customer’s insurance policy while he was registered with NYLife Securities, and another customer alleged that Marks “made him sign blank…

Claims Against Broker Leslie Flaum for Alleged Unsuitable Investments

According to records with the Financial Industry Regulatory Authority (FINRA), Oppenheimer broker Leslie Flaum has allegedly violated securities laws. He was accused of making unsuitable investment recommendations, churning accounts, breaching fiduciary duty, failing in supervisory duties from December 2010 through December 2016 in connection to investments in listed equities and closed-end funds, and other violations.…