Reg BI

There are Recent Customer Complaints with Broker Gerald Mang in Firm Capfinancial Securities, LLC.

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $105,000.00 on December 24, 2020.

Claimant alleges that their financial advisor recommended unsuitable investments. Claimant generally alleges breach of contract, breach of fiduciary duty, misrepresentation, unjust enrichment, failure to supervise and negligence.

Broker Patrick Naughton in LPL Financial LLC Firm Has Customer Complaint

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $180,000.00 on December 23, 2020.

Alleges that his financial professional recommended that he invest in a reit which was unsuitable for his investment portfolio. Activity period: 1/2014 to 12/2020.

There are Recent Customer Complaints with Broker Peter Butler in Firm Ameriprise Financial Services, INC.

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $65,000.00 on December 23, 2020.

Claimant alleges that in August 2013, Respondent recommended unsuitable investmenets in KBS REIT and Watermark Lodging REIT and seeks $65,000 in damages.

There are Recent Customer Complaints with Broker Alan Thomilson in Firm Ameriprise Financial Services, INC.

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $250,000.00 on December 28, 2020.

Claimants allege, during the time period November 2017-August 2018, their former Ameriprise advisor recommended they liquidate their positions in 3 variable annuities, which caused them to incur surrender charges, in order to invest in a fixed-indexed annuity.

Broker Brian Gaffney in LPL Financial LLC Firm Has Customer Complaint

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $135,000.00 on December 23, 2020.

Customer alleges that his financial professional recommended that he invest in a reit and a business development company which were unsuitable for his investment portfolio. Activity period: 5/2014 to 12/2020.

Broker Federico Lopez in UBS Financial Services INC. Firm Has Customer Complaint

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $112,000.00 on December 28, 2020.

Time frame: 2004-present\<char_lb_r>\, \<char_lb_r>\, Allegations: Claimants allege their investments in Puerto Rico closed-end funds were unsuitable, over-concentrated, and misrepresented as safe investments.

There are Recent Customer Complaints with Broker Jeffrey Duncan in Firm Ausdal Financial Partners, INC.

May 27, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint with a damage request of $95,000.00 on December 28, 2020.

Unsuitable investments

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

May 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Benjamin Korn (Korn), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Korn recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $41,298.68 on March 20, 2024.

The customer alleges they received incorrect information from a firm employee regarding use of a vanguard check to remit irs payment, resulting in penalties and interest, and seeks reimbursement.

There are Recent Customer Complaints with Broker Jason Payne in Firm Charles Schwab & Co., INC.

May 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Payne (Payne), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Payne recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 30, 2025.

Client alleges that they were not properly advised regarding irs rules and tax implications associated with an indirect ira rollover, including limitations related to multiple distributions, resulting in potential financial harm.

There are Recent Customer Complaints with Broker Michael Todd in Firm Axa Advisors, LLC

May 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Todd (Todd), previously associated with Axa Advisors, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Todd 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 $147,000.00 on May 07, 2025.

This litigation arises from a series of unsuitable financial product and investment strategy recommendations made by Defendants to Plaintiff between May 2018 and February 2023.