Securities Lawyers Blog

Broker Carl Pierre Louis in UBS Financial Services INC. Firm Has Customer Complaint

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Carl Pierre Louis (Pierre Louis), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Pierre Louis recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on April 27, 2026.

Time Frame: January 2nd 2026 – to February 17th, 2026\, \, What were the allegations against the individual? The client alleges that the Advisor team failed to follow his instructions to redeem his investment in a timely manner.\, \,

There are Recent Customer Complaints with Broker Logan Callaway in Firm Nylife Securities LLC

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Logan Callaway (Callaway), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Callaway recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on May 04, 2026.

The customer alleges that the recommendation to surrender an annuity at another company and purchase a variable annuity in January 2026 resulted in significant surrender charges and the loss of a premium bonus. The customer is requesting a formal review of this transaction, including the suitability of the recommendation, the characterization of the rollover, and the disclosures provided.

There are Recent Customer Complaints with Broker Peter Roberts in Firm Wealthforge Securities, LLC

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Roberts (Roberts), currently associated with Wealthforge Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Roberts recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $200,000.00 on April 29, 2026.

From investment activity in August of 2022, claimants allege the following: misrepresentation and omission of material facts, lack of due diligence, lack of suitability, negligence, breach of fiduciary duty, and failure to supervise

Broker Matthew Grubb in Raymond James & Associates, INC. Firm Has Customer Complaint

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Grubb (Grubb), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Grubb recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $50,000.00 on May 01, 2026.

Complaint alleges, Inter Alia, violations of Reg-Bi with respect to Investment recommendation to invest in mutual fund Sep 2021 to Dec 2022

There are Recent Customer Complaints with Broker Robert Casey in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Casey (Casey), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Casey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on April 28, 2026.

Client alleges Reg BI concerns

There are Recent Customer Complaints with Broker Andrew Stauff in Firm MML Investors Services, LLC

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Stauff (Stauff), previously associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stauff recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on April 27, 2026.

The complainants allege that the rep was involved in a matter in 2024 where he provided the complainants with a referral to a third party, who accepted $500,000 from the complainants to obtain a line of credit for them to make interest payments on whole life insurance policies, but who failed to complete the transaction or return the funds. The complainants further allege that, despite red flags surrounding this third party, the rep recommended they work with him to secure financing.

Broker Ryan Sherer in Emerson Equity LLC Firm Has Customer Complaint

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Sherer (Sherer), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sherer recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,154,855.68 on May 05, 2026.

Suitability, violation of Regulation Best Interest, misrepresentations and omission of material facts, negligence, breach of fiduciary duty. Investments done in or around 2022

There are Recent Customer Complaints with Broker Pragnesh Bhatt in Firm Nylife Securities LLC

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Pragnesh Bhatt (Bhatt), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bhatt recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on May 04, 2026.

The customer alleges he was misinformed when he purchased a variable annuity in January 2023 and wants to move his funds surrender free.

Broker Ricardo Dacosta in LPL Financial LLC Firm Has Customer Complaint

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ricardo Dacosta (Dacosta), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Dacosta recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $45,189.00 on May 01, 2026.

In 2026, Advisor paid client $44,500 in two separate payments to resolve complaint alleging unsuitable transactions in retirement account.

There are Recent Customer Complaints with Broker Marc Korsch in Firm Arkadios Capital

June 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Korsch (Korsch), previously associated with Arkadios Capital, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Korsch recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $50,000.00 on April 27, 2026.

The customers allege that the Registered Representative recommended and misrepresented an unsuitable, speculative, high-risk investment. No specific dates for the alleged activity were identified in the Statement of Claim.