Alternative Investment

Broker William Candler in Cabin Securities, INC. / Jcc Capital Markets, LLC Firm Has Customer Complaint

June 1, 2026 | by Staff Attorney

Currently financial advisor William Candler (Candler), currently employed by brokerage firm Cabin Securities, INC. / Jcc Capital Markets, 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 $500,000.00 on April 17, 2026.

Candler was the named respondent of customer complaint regarding a reg D private placement. The complaint against the member firm asserted the following causes of action, fraud, misrepresentation, omissions of material facts, unsuitable recommendations, breach of contract, and breach of fiduciary duty.

There are Recent Customer Complaints with Broker Mark Macarthur in Firm Ausdal Financial Partners, INC.

June 1, 2026 | by Staff Attorney

Previously financial advisor Mark Macarthur (Macarthur), previously employed by brokerage firm Ausdal Financial Partners, 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 $500,000.00 on April 15, 2026.

Unsuitable investments and lack of supervision related to private placements purchased in 2013 by the client’s late spouse, and investments within an advisory account with the Rep’s approved outside RIA.

There are Recent Customer Complaints with Broker Kirk Pickell in Firm Janney Montgomery Scott LLC

May 29, 2026 | by Staff Attorney

Currently financial advisor Kirk Pickell (Pickell), currently employed by brokerage firm Janney Montgomery Scott 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 $10,000,000.00 on November 27, 2020.

Rhode Island client complains that the fees associated with their accounts were not fully disclosed and were higher than stated between 2009 and 2020. Clients further complain that investments made in a hedge fund and an annuity were not suitable.

There are Recent Customer Complaints with Broker Peter Albano in Firm LPL Financial LLC

May 29, 2026 | by Staff Attorney

Currently financial advisor Peter Albano (Albano), 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 settled customer complaint with a damage request of $60,000.00 on August 25, 2020.

Products under DDPs include non-traded REITs, oil and gas offerings, equipment leasing investments, and a range of other alternative financial instruments. With high fees and costs, these alternative investments are usually inappropriate for investors and rarely provide meaningful returns. Brokers earn additional commissions for promoting these low-quality investments, fostering a system of skewed incentives that result in an artificially sustained market.

Broker Ethan Collins in Hightower Securities, LLC Firm Has Customer Complaint

May 28, 2026 | by Staff Attorney

Currently financial advisor Ethan Collins (Collins), currently employed by brokerage firm Hightower 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 $50,000.00 on December 02, 2020.

Ethan Collins is not a respondent in this arbitration. He is identified as a relevant non-party in a FINRA arbitration alleging certain sales practice violations, including a violation of suitability obligations, in connection with a private placement investment made on or around March of 2017.

There are Recent Customer Complaints with Broker William Faivus in Firm World Equity Group, INC.

May 28, 2026 | by Staff Attorney

Currently financial advisor William Faivus (Faivus), currently employed by brokerage firm World Equity Group, 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 $150,000.00 on December 02, 2020.

Alleging unsuitable transactions in re: the purchase of certain REITs between November 2013 and June 2014

There are Recent Customer Complaints with Broker Robert Patti in Firm LPL Financial LLC

May 28, 2026 | by Staff Attorney

Currently financial advisor Robert Patti (Patti), 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 settled customer complaint with a damage request of $250,000.00 on November 27, 2020.

Products under DDPs include non-traded REITs, oil and gas offerings, equipment leasing investments, and a range of other alternative financial instruments. With high fees and costs, these alternative investments are usually inappropriate for investors and rarely provide meaningful returns. Brokers selling these products are paid additional commission in order to hype these inferior quality investments providing a perverse incentives to create an artificial market for the investments.

Broker Jay Riggs in Emerson Equity LLC Firm Has Customer Complaint

May 28, 2026 | by Staff Attorney

Previously financial advisor Jay Riggs (Riggs), previously employed by brokerage firm Emerson Equity 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 $1,000,000.00 on December 15, 2020.

Claimant alleges that Mr. Riggs recommended private placements and Non-Traded REITs that were not suitable.

There are Recent Customer Complaints with Broker William Wolf in Firm Hightower Securities, LLC

May 28, 2026 | by Staff Attorney

Currently financial advisor William Wolf (Wolf), currently employed by brokerage firm Hightower 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 $50,000.00 on December 02, 2020.

William Wolf is not a respondent in this arbitration. He is identified as a relevant non-party in a FINRA arbitration alleging certain sales practice violations, including a violation of suitability obligations, in connection with a private placement investment made on or around March of 2017.

There are Recent Customer Complaints with Broker Nicholas Rhode in Firm Baker Tilly Capital, LLC

May 26, 2026 | by Staff Attorney

Currently financial advisor Nicholas Rhode (Rhode), currently employed by brokerage firm Baker Tilly Capital, 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 $200,000.00 on October 06, 2025.

The claimant invested in a private placement 12/30/2020 and now claims that the firm failed to perform adequate due diligence of the private placement.