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JOHN BUSSA of Lincoln Financial Subject of Multiple COMPLAINTS

John Bussa, with Lincoln Financial Advisors, Subject of Several Complaints
SOUTHFIELD, MICHIGAN Have you invested with John Bussa from Southfield, Michigan? Our firm is reviewing allegations made by several customers who have filed claims against his brokerage firm, Lincoln Financial Advisors.
Bussa has been the subject of eight customer complaints, two of which are still pending. The most recent complaint alleges that he sold an unsuitable oil and gas investment. The oil and gas investment allegedly lost $100,000. Another pending complaint involves the sale of a REIT – a real estate investment trust.
John Bussa has worked in a Southfield, Michigan office for Lincoln Financial Advisors since 2001. Bussa also operates JMB & Associates in Southfield.
Investment advisors are required to make investment recommendations that are suitable for the customer, under FINRA Rule 2111. Brokerage firms must perform due diligence on all investment products it sells. If it failed to adequately perform due diligence, they could be liable for investor losses.
BrokerCheck report can be seen HERE