Alternative Investment

There are Recent Customer Complaints with Broker Brian Dunn in Firm Mercury Investment Services LLC

June 7, 2025 | by Staff Attorney

Previously financial advisor Brian Dunn (Dunn), previously employed by brokerage firm Mercury Investment Services LLC 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 with a damage request of $2,000,000.00 on January 24, 2024.

Registered Representatives registered with Growth Capital Services, Inc. alleged to have sold fraudulent private placements to their customers. Customers filed suit and named me as a co-respondent.

There are Recent Customer Complaints with Broker Edward Muster in Firm Herbert J. Sims & Co, INC.

June 6, 2025 | by Staff Attorney

Previously financial advisor Edward Muster (Muster), previously employed by brokerage firm Herbert J. Sims & Co, INC. has been subject to at least 2 disclosable events. These events include 2 customer complaints. 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 with a damage request of $5,000,000.00 on January 26, 2024.

Alleged firm sold inappropriate private placements

Broker Diana Palmieri in Vanderbilt Securities, LLC Firm Has Customer Complaint

June 4, 2025 | by Staff Attorney

Currently financial advisor Diana Palmieri (Palmieri), currently employed by brokerage firm Vanderbilt Securities, LLC 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 settled customer complaint with a damage request of $99,999.00 on February 08, 2024.

Clients claim investments into the non-traded REITS & BDCs between 2014-2019 were unsuitable and illiquid investments

Broker Arnold Mcdonald in Mcdonald Partners LLC Firm Has Customer Complaint

June 1, 2025 | by Staff Attorney

Currently financial advisor Arnold Mcdonald (Mcdonald), currently employed by brokerage firm Mcdonald Partners LLC 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 with a damage request of $425,900.00 on February 21, 2024.

Alleged failure to conduct due diligence on a private placement and unsuitability.

There are Recent Customer Complaints with Broker Thomas Mcdonald in Firm Mcdonald Partners LLC

June 1, 2025 | by Staff Attorney

Previously financial advisor Thomas Mcdonald (Mcdonald), previously employed by brokerage firm Mcdonald Partners LLC 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 with a damage request of $425,900.00 on February 21, 2024.

Alleged failure to conduct due diligence on a private placement and unsuitability.

There are Recent Customer Complaints with Broker Rodney Dabbondanza in Firm Coastal Equities, INC.

May 25, 2025 | by Staff Attorney

Previously financial advisor Rodney Dabbondanza (Dabbondanza), previously employed by brokerage firm Coastal 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 settled customer complaint with a damage request of $50,000.00 on March 20, 2024.

Client alleges that Financial Professional misrepresented the risks associated with REITS and BDCs and that the investments were unsuitable. Activity occurred September 2011 to November 2014.

Broker Cataldo Panici in LPL Financial LLC Firm Has Customer Complaint

May 18, 2025 | by Staff Attorney

Currently financial advisor Cataldo Panici (Panici), currently employed by brokerage firm LPL Financial LLC 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 March 20, 2025.

Claimants allege that between June 2012 and June 2023, representative made unsuitable investments in REITs.

Broker William Bredt in Raymond James & Associates, INC. Firm Has Customer Complaint

May 18, 2025 | by Staff Attorney

Currently financial advisor William Bredt (Bredt), currently employed by brokerage firm Raymond James & Associates, 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 with a damage request of $400,000.00 on March 24, 2025.

Client alleges FA recommended an unsuitable private placement investment and misrepresented the returns and risks of the investment.

There are Recent Customer Complaints with Broker Alan Levine in Firm LPL Financial LLC

May 16, 2025 | by Staff Attorney

Currently financial advisor Alan Levine (Levine), currently employed by brokerage firm LPL Financial LLC 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 with a damage request of $99,999.00 on April 02, 2025.

Clients allege that Financial Professional misrepresented the risks associated with REITs and BDCs and investments were overconcentrated and unsuitable. Activity date: May 16, 2012 to June 1, 2016.

There are Recent Customer Complaints with Broker Terry Harris in Firm Money Concepts Capital CORP

May 16, 2025 | by Staff Attorney

Previously financial advisor Terry Harris (Harris), previously employed by brokerage firm Money Concepts Capital CORP 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 with a damage request of $132,000.00 on April 03, 2025.

On or around May 2015, our client purchased units of a Limited Partnership and REITs. The client transferred shares of the REITs to her spouse around September 2018. Spouse has attained an attorney alleging the investment was unsuitable. On April 3, 2025, firm became aware of allegations and intends to settle this matter instead of filing an arbitration claim.