Securities Lawyers Blog

Broker Stephen Patterson in J. Alden Associates, INC. Firm Has Customer Complaint

April 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Patterson (Patterson), currently associated with J. Alden Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Patterson 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 $848,504.00 on February 10, 2026.

When your financial advisor is providing advice they must adhere to the SEC’s Regulation Best Interest (Reg BI) rule and standard of care. Reg BI replaced the former “suitability” rule and created a ‘best interest’ standard for brokerage firms and registered representatives. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts. Reg BI applies when brokers recommend a retail investor engage in securities transaction or an investment strategy involving one or more securities. Reg BI also applies to financial advice concerning the transfer of funds and opening of accounts.

There are Recent Customer Complaints with Broker Wen Che in Firm Emerson Equity LLC

April 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 06, 2026.

Negligence, misrepresentation and omission of material facts, failure to meet suitability obligations, violations of California’s ‘Blue Sky’ law, breach of fiduciary duty, breach of contract

Broker Theodore Ice in Morgan Stanley Firm Has Customer Complaint

April 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Theodore Ice (Ice), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Ice 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 February 06, 2026.

Claimant alleges suitability, inter alia, regarding a covered call options strategy resulting in significant losses – Sep 2024 to Jan 2026

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

April 5, 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 $4,300,000.00 on February 09, 2026.

Customer alleges unsuitable investment recommendations in real estate securities.

Broker Matthew Bisping in Farmers Financial Solutions, LLC Firm Has Customer Complaint

April 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Bisping (Bisping), currently associated with Farmers Financial Solutions, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bisping 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 $101,091.48 on February 10, 2026.

Customer purchased a fixed and a variable annuity in 2014 and selected the Asset Transfer Program on both contracts. The Accounts had a change of RR in 2023 and subsequently the new RR and the customer discussed and exercised the option to exit the Asset Transfer Program and enter a more balanced strategy. This resulted in a decreased benefit base value on both policies. The customer claims that they were negatively impacted by the exercise and wants compensation for the lost revenue.

Broker Gayle Hawkins in LPL Enterprise, LLC Firm Has Customer Complaint

April 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 10, 2026.

Customer alleges advisor did not discuss multiple options while recommending annuity.

There are Recent Customer Complaints with Broker Ann Reagan in Firm Cetera Wealth Services, LLC

April 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ann Reagan (Reagan), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Reagan 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 $112,766.00 on February 06, 2026.

Customer alleges 2021 trading strategy and funding were not authorized.

There are Recent Customer Complaints with Broker Gabriel Candea in Firm Emerson Equity LLC

April 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 10, 2026.

Breach of contract and warranties, promissory estoppel; consumer protection and deceptive trade practices act; violation of securities statutes; breach of fiduciary duty; claims under common law; vicarious liability; violation of Regulation Best Interest (Sept 2023)

There are Recent Customer Complaints with Broker Paul Fahey in Firm RBC Capital Markets, LLC

April 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Fahey (Fahey), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fahey 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 $21,390.00 on February 06, 2026.

Alleged wrongdoing in distributing municipal bonds in less than whole lots to three beneficiaries of a TOD account after the death of the account holder

Broker Brian Rabbito in Charles Schwab & Co., INC. Firm Has Customer Complaint

April 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Rabbito (Rabbito), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Rabbito 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 $20,000.00 on February 09, 2026.

The client alleges in October 2025, the representative misrepresented the terms of a cash promotion when reversing a $20k promotion upon the client removing funds before the 12 month asset retention period was met.