Last Updated: June 2025
John Bussa Investigation Summary
Here’s what you need to know about Southfield, MI-based broker John Martin Bussa:
- Name: Mr. John M. Bussa
- Current Employer: Osaic Wealth, Inc.
- Prior Employer: Osaic FA, Inc. / Lincoln Financial Advisors
- DBA: Bussa Financial Partners, JMB & Associates
- CRD Number: 4418922
- Primary Location: Southfield, MI
- Alias: John Bussa
- Can John Bussa be sued in FINRA arbitration: Yes
- Highest Settlement or Award: $125,000
- Pending Customer Dispute Seeks Damages of $100,000
Did You Lose Money With John Bussa As Your Stockbroker?
John Bussa has been the subject of eight customer disputes, including five settlements and one pending arbitration. Several of these cases allege unsuitable recommendations in non-traded REITs and oil & gas investments.
Here are notable cases settled with customers of Lincoln Financial Advisors:
- $125,000 settlement (July 2023): Alleged unsuitable oil & gas investments
- $111,285 settlement (October 2023): Alleged unsuitable oil & gas investment
- $93,991 settlement (October 2023): Similar oil & gas allegations
- $45,000 complaint (August 2023): Alleged overconcentration in non-traded REIT—settled for $15,000
- $121,787 settlement (2009): Alleged misrepresentation of death benefit in variable annuity
There is a pending 2024 arbitration by a customer of Lincoln Financial seeking damages of $100,000 and alleging that Bussa made an unsuitable recommendation to purchase an oil & gas investment (Case No. 24-00348).
Allegations of Broker Misconduct Against John Bussa
Clients of John Bussa have alleged the following:
- Unsuitable investment recommendations
- Overconcentration
- Failure to advise liquidation during third-party tender offers
- Misrepresentation of insurance and annuity products
Investigations involving Over-Concentration
Other Investigations involving Oil and Gas Investments
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Osaic Wealth brokers
If you were sold unsuitable investments by John Bussa, you may be entitled to recover damages through FINRA arbitration.
Attorney Bob Rex at Rex Securities Law has decades of experience representing investors nationwide in cases involving unsuitable product sales, misrepresentation, and broker negligence.
📞 Call (877) 224-3199 for a free consultation. No fees unless we recover money for you.