Securities Lawyers Blog

Broker Robin Hatfield in Bankers Life Securities, INC. Firm Has Customer Complaint

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robin Hatfield (Hatfield), currently associated with Bankers Life Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hatfield 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 $115,173.47 on April 09, 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. 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. 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.

There are Recent Customer Complaints with Broker Rivers Rodriguez in Firm Signature Estate Securities, LLC

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rivers Rodriguez (Rodriguez), currently associated with Signature Estate Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rodriguez 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 $40,000.00 on April 13, 2026.

Client alleging unsuitable recommendation.

There are Recent Customer Complaints with Broker Derek Bohm in Firm RBC Capital Markets, LLC

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Derek Bohm (Bohm), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bohm 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 $90,460.83 on April 09, 2026.

Claimant alleges the advisor's acceptance of verbal authorization from the joint account holder to transfer funds to the joint account holder's individual account, constitutes an unauthorized transfer.

Broker Diego Bacellar in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Diego Bacellar (Bacellar), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bacellar 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 $80,000.00 on April 10, 2026.

A client alleged that he gave funds directly to the registered representative for an investment not associated with the firm. The client further alleged that the registered representative represented he would receive monthly payments and the return of principal and interest. The client also alleged that the registered representative misrepresented two non-variable life insurance policies.

There are Recent Customer Complaints with Broker Michael Morando Jr in Firm Centaurus Financial, INC.

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Morando Jr (Morando Jr), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Morando Jr 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 $125,000.00 on April 10, 2026.

The customer alleges that in or around 2016, the Registered Representative recommended high-risk, speculative and illiquid investments.

Broker Jordan Grangard in RBC Capital Markets, LLC Firm Has Customer Complaint

June 2, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 08, 2026.

Time Frame: March 14th, 2025 – to March 17th, 2025\, \, What were the allegations against the individual? The client alleges that the trades in his account were executed contrary to the explicit written instructions set forth in his 10b5-1 plan.\,

There are Recent Customer Complaints with Broker Raymond Chera in Firm Wells Fargo Advisors Financial Network, LLC

June 2, 2026 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Raymond Chera (Chera), currently employed by Wells Fargo Advisors Financial Network, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Chera’s most recent customer complaint alleges that Chera recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

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

Claimant, by her attorney, alleges that an unnamed structured note investment recommended to Claimant was not in keeping with her investment objectives/risk tolerance, and that full disclosure regarding the investment was not made to her.

There are Recent Customer Complaints with Broker Joshua Chapin in Firm Emerson Equity LLC

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joshua Chapin (Chapin), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chapin 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 April 10, 2026.

Negligence, Breach of fiduciary duty,

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

June 2, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Whiting (Whiting), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Whiting 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 $250,000.00 on April 10, 2026.

Client alleges misrepresentation, suitability, and unauthorized trading.

Broker Mahmoud Elawadi in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

June 2, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 08, 2026.

Claimant alleges that in an unspecified timeframe, the FA induced them into investing funds into a business owned by the FA.