Securities Lawyers Blog

Broker Leo Michael Dinolfo in Kraken Securities Firm Has Customer Complaint

March 7, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Leo Michael Dinolfo (Dinolfo) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Dinolfo was employed by Kraken Securities at the time of the activity. If you have been a victim of Dinolfo’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,655,667.00 on June 29, 2023.

In October of 2021, the Plaintiffs were involved in a loss of investment. The investment opportunity involved an algorithm that traded foreign exchange currency pairs. I was involved on this investment opportunity as an investor, and on the suggestion of my mentor at the time. My previous mentor is also named as one of the defendants in this case. The Plaintiffs in this case are family members or family friends of mine. In the year 2023, the Plaintiffs filed a lawsuit in the city of Toronto against myself, Leo-Michael Dinolfo, and multiple other defendants. The Plaintiffs alleged the following against the defendants: fraud, fraudulent and negligent misrepresentation, breach of trust, breach of fiduciary duty, misappropriation and conversion, conspiracy to injure, breach of contract, negligence and unjust enrichment. The case is still currently pending as of February 21, 2025. To date, not all defendants have been served by the Plaintiffs. Further, no discovery has taken place, nor has it been scheduled. The Plaintiffs have additionally missed a number of procedural timelines. I, Leo-Michael Dinolfo, am actively contesting said allegations, deny any wrongdoing, and have not admitted any liability in relation to the litigation. I have provided the Plaintiffs’ with my Notice of Defence and Statement of Defence. There has yet to be any real progress on this case, and it has been referred to case management that has yet to occur.

There are Recent Customer Complaints with Broker Richard Jones in Firm Nylife Securities LLC

March 7, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $20,221.67 on February 16, 2021.

Customer alleges that he proceeded with the purchase of a Variable Annuity in February 2015 with the understanding that his rate of return would be a minimum of 4% and that the tax consequences of any withdrawals or reallocation into a bond portfolio were not explained. Customer has requested a refund of his money without penalty.Customer has reiterated his complaint on 2/16/2021 and alleged that he was sold the wrong product.

Broker Eric James in Newbridge Securities Corporation Firm Has Customer Complaint

March 7, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 07, 2021.

Suitability

Broker Robert Farrar in PFS Investments INC. Firm Has Customer Complaint

March 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Farrar (Farrar), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Farrar 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 $30,434.47 on August 17, 2022.

Customer alleges that I recommended Inappropriate funds for his investment objectives, causing him to suffer losses.

There are Recent Customer Complaints with Broker Juan Uribe in Firm PFS Investments INC.

March 7, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 13, 2025.

The customer alleged trade instructions were not timely submitted causing lost investment opportunity.

Broker Paul Peeler in LPL Financial LLC Firm Has Customer Complaint

March 7, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $40,000.00 on May 16, 2025.

Customer verbally alleged misrepresentation of annuity feature 8/15/2024-4/9/2025

There are Recent Customer Complaints with Broker Bryson Blackwell in Firm Realta Equities, INC.

March 6, 2026 | by Staff Attorney

Currently financial advisor Bryson Blackwell (Blackwell), currently employed by brokerage firm Realta Equities, INC. has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on December 10, 2025.

The claimants allege breach of its duties and obligations to claimants with recommendation to invest in real estate based Regulation D private placement.

There are Recent Customer Complaints with Broker Steven Pusterla in Firm Tsg Capital Advisors

March 6, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on October 01, 2025.

Respondent Pusterla failed to respond to FINRA requests for information.

Broker Nathaniel Higgins in Independent Financial Group, LLC Firm Has Customer Complaint

March 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nathaniel Higgins (Higgins), previously associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Higgins 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 $1,000,000.00 on November 24, 2025.

Claimants allege that unsuitable recommendations were made in a securitized real estate offering.

There are Recent Customer Complaints with Broker Timothy Roark in Firm Valmark Securities, INC.

March 6, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Roark (Roark), previously associated with Valmark Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Roark 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 $100,000,000.00 on November 25, 2025.

Breach of Fiduciary Duty, Negligent Misrepresentation, Gross Negligence, and Unjust Enrichment