Alternative Investment

There are Recent Customer Complaints with Broker John Tweardy in Firm H. Beck, INC.

November 11, 2025 | by Staff Attorney

Previously financial advisor John Tweardy (Tweardy), previously employed by brokerage firm H. Beck, 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 $39,000.00 on July 25, 2022.

Client alleges that Financial Professional misrepresented the risks associated with BDCs and that the investments were unsuitable. Dates of activity: 6/1/12 to 8/16/13.

There are Recent Customer Complaints with Broker Brandon Leon in Firm PHX Financial, INC.

November 10, 2025 | by Staff Attorney

Currently financial advisor Brandon Leon (Leon), currently employed by brokerage firm PHX Financial, 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 $336,700.00 on August 03, 2022.

Claimant alleges private placement investments were unsuitable

There are Recent Customer Complaints with Broker Paul Hoghaug in Firm LPL Financial LLC

November 10, 2025 | by Staff Attorney

Currently financial advisor Paul Hoghaug (Hoghaug), 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 $17,483.30 on August 01, 2022.

The client alleges that private Real Estate Investment Trusts (REITs) purchased back in 2014 and 2015 were not suitable for a condominium Association.

Broker Douglas Studer in Kovack Securities INC. Firm Has Customer Complaint

November 9, 2025 | by Staff Attorney

Previously financial advisor Douglas Studer (Studer), previously employed by brokerage firm Kovack Securities 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 $90,000.00 on August 11, 2022.

Claimant alleges breach of fiduciary duty, failure to supervise, overconcentration, and unsuitability regarding the sale of REITs.

Broker Preston Runyan in World Equity Group, INC. Firm Has Customer Complaint

November 8, 2025 | by Staff Attorney

Currently financial advisor Preston Runyan (Runyan), 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 $40,000.00 on August 24, 2022.

Claimant alleges, Respondent, through their registered representative, failed to conduct reasonable due diligence and continuously recommended an investment strategy almost entirely comprised of speculative and illiquid private placements such as real estate investment trusts (‘REITs’). Rep been a Registered Representative with WEG since 2008. Claimant asserts legal claims for unsuitable recommendations, material misrepresentations and omissions, failure to supervise and violation of FINRA rules and seeks compensatory damages of approximately $40,000, punitive damages, pre and post judgement interest and attorneys’ fees and costs of action.

Broker Nathan Goad in J. Alden Associates, INC. Firm Has Customer Complaint

October 30, 2025 | by Staff Attorney

Currently financial advisor Nathan Goad (Goad), currently employed by brokerage firm J. Alden Associates, 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 $3,808,192.49 on September 15, 2025.

Breach of Fiduciary duty, negligence, misrepresentation based upon the recommendation by the rep Nate Goad of private placements which occurred between March 2022 and June 2025.

There are Recent Customer Complaints with Broker Ting Chen in Firm Landolt Securities, INC.

October 28, 2025 | by Staff Attorney

Currently financial advisor Ting Chen (Chen), currently employed by brokerage firm Landolt Securities, 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 $1,180,140.98 on August 28, 2025.

Plaintiff alleges negligence, breach of fiduciary duty, and misrepresentation relating to two private placement investments made in 2018 which have underperformed.

Broker Peter Janssen in Janssen Partners, INC. Firm Has Customer Complaint

October 22, 2025 | by Staff Attorney

Currently financial advisor Peter Janssen (Janssen), currently employed by brokerage firm Janssen 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 award / judgment customer complaint with a damage request of $94,930.00 on January 05, 2023.

Claimant alleges terms of the Mega Blockchain private placement were misrepresented. Claimant alleges she was unsuitable for the investment. On or about December 28,\, 2017, Claimant invested $94,930.40 into the Mega Blockchain offering.

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

October 21, 2025 | by Staff Attorney

Currently financial advisor Robert Li (Li), currently employed by brokerage firm LPL Financial LLC 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 settled customer complaint with a damage request of $200,000.00 on January 06, 2023.

Customer alleges that representative recommended an investment strategy involving REITs, and buying certain equities on margin which were not suitable for the customer’s investment objectives and risk tolerance. Time period: December 2008 to January 2023.

There are Recent Customer Complaints with Broker Michael Bi in Firm Tpeg Securities, LLC

October 16, 2025 | by Staff Attorney

Previously financial advisor Michael Bi (Bi), previously employed by brokerage firm Tpeg 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 pending customer complaint with a damage request of $200,000.00 on April 10, 2025.

Alleged loss in connection with a non-firm approved private placement investment recommended by representative.