Bryan Preston Lubitz (CRD #4381244) Has Customer Dispute Disclosures on FINRA BrokerCheck
Bryan Preston Lubitz (CRD #4381244) has been the subject of disclosure events, which have recently been reported on his FINRA BrokerCheck Report. According to Bryan Preston Lubitz’s FINRA BrokerCheck report accessed on January 19, 2026, Bryan Preston Lubitz has been the subject of eight customer disputes. If you invested with Bryan Preston Lubitz and you have concerns about his activity, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Bryan Lubitz FINRA BrokerCheck Report reflects eight customer dispute disclosures. Two examples are below, and the report reflects six additional customer dispute disclosures.
On October 7, 2025, customers alleged that Bryan Lubitz had suitability-related concerns regarding equity sales. The product type listed on the disclosure is Equity Listed (Common & Preferred Stock). Alleged damages were estimated between $100,000 and $500,000. The disclosure reflects the matter was settled on December 10, 2025, with a settlement amount of $17,500.00.
On November 20, 2025, a client alleged that Bryan Lubitz misrepresented the risk and potential return of alternative investments. The product type listed on the disclosure is Other: Alternative Investments, and The alleged damages are $100,000.00. The disclosure reflects the matter is pending.
Rule summary #1: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 (Suitability) requires brokers and firms to have a reasonable basis to believe a recommended transaction or investment strategy is suitable for the customer based on the customer’s investment profile and the facts of the recommendation.
Rule summary #2: FINRA Rule 2020
FINRA Rule 2020 prohibits members from effecting transactions, or inducing the purchase or sale of securities, by means of any manipulative, deceptive, or other fraudulent device or contrivance. FINRA frequently cites this rule in matters involving alleged misrepresentations or omissions of material facts.
Why this Matters to Investors (Regulation Best Interest)
Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.
Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.
Reg BI is built around four key obligations:
- Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
- Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
- Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
- Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.
Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.
Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.
Background Information (from BrokerCheck)
Based on his BrokerCheck Report, Bryan Lubitz:
- Is currently registered with Equitable Advisors, LLC.
- Has passed the Securities Industry Essentials (SIE), Series 7, and Series 63 exams.
- Was previously registered with firms that include Aegis Capital Corp., Newbridge Securities Corporation, and Trident Partners Ltd..
Kurta Law Can Help
If you have worked with Bryan Lubitz and you have concerns about his activity, Kurta Law may be able to help you evaluate potential recovery options. You may be entitled to pursue a claim through FINRA arbitration, depending on the facts of your situation and the investments involved. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
Helpful resources: Unsuitable Investments | Stockbroker Fraud
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