Reg BI

Broker Christopher Larrabee in Benjamin F. Edwards & Company, INC. Firm Has Customer Complaint

October 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Larrabee (Larrabee), currently associated with Benjamin F. Edwards & Company, INC., has at least one disclosable event. These events include one customer complaint, alleging that Larrabee 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 $750,000.00 on July 31, 2025.

Claimants allege conspiracy to allow withdrawals from accounts by their late stepmother and her authorized agents to a third party, circumvent family trust, defraud client, and prevent claimants from accessing accounts. (Time frame 2016-2019).

There are Recent Customer Complaints with Broker Clovis Morrison in Firm Centaurus Financial, INC.

October 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Clovis Morrison (Morrison), currently associated with Centaurus Financial, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Morrison 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 $100,000.00 on July 15, 2025.

The customers allege that, the Registered Representative recommended and misrepresented unsuitable, high-risk, illiquid investments. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Selwyn Miller in Firm Lincoln Investment

October 14, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 22, 2025.

The Statement of Claim, filed 1.5 years after the retirement of the Investment Professional, alleges improper and deceptive sales practices utilized by Respondents in the procurement, sale, approval, maintenance, and servicing of life insurance policies. The Claim further alleges that despite Claimant having no heirs, Claimant was sold eight life insurance policies by Respondent and that Respondent made misrepresentations and omissions in inducing Claimant to purchase the policies along with ongoing negligent maintenance of the policies, all of which caused Claimant to incur significant policy value reductions, excessive loan charges and other financial losses.

There are Recent Customer Complaints with Broker Greg Grajek in Firm UBS Financial Services INC.

October 14, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 29, 2025.

Statement of Claim filed on behalf of the client, who is the ex-wife of the FA, alleges, inter alia, that the ownership of joint accounts held at Morgan Stanley was converted by the FA to his name only and that funds were misappropriated from the accounts Dec 1989 – Dec 2008

There are Recent Customer Complaints with Broker Brittany Halpern in Firm Purshe Kaplan Sterling Investments

October 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brittany Halpern (Halpern), currently associated with Purshe Kaplan Sterling Investments, has at least one disclosable event. These events include one customer complaint, alleging that Halpern 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 $784,000.00 on August 06, 2025.

Clients allege advisors and Summit were negligent, made misrepresentations and omissions, and breached their fiduciary duties and contractual obligations by referring the clients to a third-party captive insurance company that allegedly committed fraud and lost the clients’ investment.

Broker Nicholas Olivas in LPL Financial LLC Firm Has Customer Complaint

October 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Olivas (Olivas), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Olivas 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 $12,130.00 on August 05, 2025.

Customer alleges that advisor did not follow all trade instructions resulting in loss.

Broker James Davis in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

October 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Davis (Davis), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Davis 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 $294,496.00 on August 06, 2025.

Customers allege that in or around March 2021, the Representative did not have the customers’ best interest in mind when he recommended unsuitiable variable universal life insurance policies and that the Representative misrepresented the policies as investments.

Broker Richard Wick in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

October 13, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 05, 2025.

Customer alleged that the Representative misrepresented the terms of a variable universal life insurance policy that was issued in May 2024, including the frequency of premium payments and policy loan provisions. Customer further alleged that he did not authorize a policy loan that was taken from a different variable universal life insurance policy purchased in 2022 and was misled by the Representative to believe that the funds the customer received were a refund for an overpayment made related to the policy issued in May 2024, when in fact the funds were proceeds from the policy loan from the 2022 policy.

There are Recent Customer Complaints with Broker Randall Duggan in Firm Moloney Securities Co., INC.

October 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Randall Duggan (Duggan), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Duggan 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 $500,000.00 on August 05, 2025.

Suitability/negligence. 2017-2021

There are Recent Customer Complaints with Broker Alexander Gorman in Firm Morgan Stanley

October 13, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexander Gorman (Gorman), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Gorman 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 $465,000.00 on August 07, 2025.

Claimant alleges unsuitable recommendation and misrepresentation with respect to options investment strategy – Sep 2019 to Apr 2024