Alternative Investment

There are Recent Customer Complaints with Broker Andrew Scheirer in Firm Purshe Kaplan Sterling Investments

March 24, 2026 | by Staff Attorney

Previously financial advisor Andrew Scheirer (Scheirer), previously employed by brokerage firm Purshe Kaplan Sterling Investments 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 $30,000.00 on October 23, 2020.

Former client stated he was unable to ‘get out’ of two REITs which had decreased in value that were sold to him at Mr. Scheirer’s prior BD-Kovack Securities. He states these were not suitable.

Broker Gerald Brodsky in Dinosaur Financial Group, L.l.c Firm Has Customer Complaint

March 24, 2026 | by Staff Attorney

Previously financial advisor Gerald Brodsky (Brodsky), previously employed by brokerage firm Dinosaur Financial Group, L.l.c 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 $800,000.00 on October 24, 2020.

From 8/2015 through 12/2015 claimant made investments in a private placement of Concord Group Holdings which claimant alleges was a Ponzi scheme.

Broker John Loofbourrow in Demopolis Capital INC. Firm Has Customer Complaint

March 24, 2026 | by Staff Attorney

Previously financial advisor John Loofbourrow (Loofbourrow), previously employed by brokerage firm Demopolis Capital INC. has been subject to at least 2 disclosable events. These events include one customer complaint, one regulatory event. 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 $800,000.00 on October 24, 2020.

From 8/15 through 12/15 claimant made investments in a private placement of Concord Group Holdings which claimant alleges was a Ponzi scheme.

Broker Mcfaddin Moise in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 21, 2026 | by Staff Attorney

Currently financial advisor Mcfaddin Moise (Moise), currently employed by brokerage firm Merrill Lynch, Pierce, Fenner & Smith Incorporated 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 $20,000.00 on November 17, 2020.

Claimants allege their registered representative recommended one non-traded REIT purchase which was allegedly unsuitable.

There are Recent Customer Complaints with Broker Scott Lanza in Firm Ifp Securities, LLC

March 20, 2026 | by Staff Attorney

Currently financial advisor Scott Lanza (Lanza), currently employed by brokerage firm Ifp 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 on November 20, 2020.

Customers allege that their financial professional recommended that they invest in REITs and business development companies which were unsuitable for their investment portfolio.

There are Recent Customer Complaints with Broker Gregory Dudzik in Firm RBC Capital Markets, LLC

March 20, 2026 | by Staff Attorney

Currently financial advisor Gregory Dudzik (Dudzik), currently employed by brokerage firm RBC 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 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 – 2020. Clients further complain that investments made in a hedge fund and an annuity were not suitable.

There are Recent Customer Complaints with Broker Kathryn Larson in Firm Ameriprise Financial Services, LLC

March 17, 2026 | by Staff Attorney

Previously financial advisor Kathryn Larson (Larson), previously employed by brokerage firm Ameriprise Financial 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 settled customer complaint with a damage request of $100,000.00 on December 09, 2020.

Claimant alleges that she was recommended to invest in an unsuitable and risky product, FKSSR II, a privately traded BDC.

There are Recent Customer Complaints with Broker Charles Kulch in Firm Next Financial Group, INC.

March 16, 2026 | by Staff Attorney

Previously financial advisor Charles Kulch (Kulch), previously employed by brokerage firm Next Financial Group, INC. has been subject to at least 6 disclosable events. These events include 5 customer complaints, one regulatory event. 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 $5,000.00 on December 16, 2020.

Alleged unsuitable recommendation of investments in registered, non-traded real estate investment trusts (REITs) between September 2015 to June 2020.

Broker Cheryl Brown in LPL Financial LLC Firm Has Customer Complaint

March 16, 2026 | by Staff Attorney

Currently financial advisor Cheryl Brown (Brown), 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 $450,000.00 on December 15, 2020.

Clients allege that Financial Professional misrepresented the risks associated with BDCs and that the investments were unsuitable. Date of Activity:12/21/10 to 11/16/20

Broker Derek Delsimone in Burpee Del Simone Capital Markets LLC Firm Has Customer Complaint

March 10, 2026 | by Staff Attorney

Previously financial advisor Derek Delsimone (Delsimone), previously employed by brokerage firm Burpee Del Simone 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 settled customer complaint with a damage request of $350,000.00 on January 29, 2021.

Claimants allege their investment professional recommended they invest in certain REITs and BDCs which they allege were unsuitable for their investment portfolio.