Reg BI

Broker Matthew Baker in Osaic Wealth, INC. Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Baker (Baker), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Baker 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 $5,000.00 on May 07, 2020.

Client alleges that recommendations regarding variable annuities were unsuitable and constituted poor advice.

Broker David Lex in LPL Financial LLC Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Lex (Lex), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Lex 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 $110,000.00 on May 12, 2020.

The customer alleges alleges unsuitability, failure to follow instructions, and misrepresentation in connection with a Unit Investment Trust.

Broker Jaime Cosculluela in Oppenheimer & CO. INC. Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jaime Cosculluela (Cosculluela), previously associated with Oppenheimer & CO. INC., has at least one disclosable event. These events include one customer complaint, alleging that Cosculluela 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 $20,000.00 on May 11, 2020.

Time frame: Unspecified \<char_lb_r>\, Claimant alleges the recommendation to invest in and hold unsuitable concentration in Puerto Rico Closed-End Funds(CEFs) was misrepresented as safe and suitable

There are Recent Customer Complaints with Broker Richard Rugel in Firm Integrity Alliance, LLC.

May 7, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 14, 2020.

Customer has alleged representative misrepresented the variable annuity sold to him in September 2019, which replaced his previous variable annuity by indicating the new variable annuity would provide greater guaranteed income for the customer.

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

May 7, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 11, 2020.

The beneficiaries of the annuity allege a misrepresentation in valuation from November 2019 until May 2020.

There are Recent Customer Complaints with Broker Gary Pevey in Firm Mutual Securities, INC.

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Pevey (Pevey), previously associated with Mutual Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pevey 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 $100,001.00 on May 11, 2020.

Alleged sales of high-risk and fraudulent investments and inadequate supervision

Broker Timothy Dolan in Edward Jones Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Dolan (Dolan), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Dolan 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 $11,000.00 on May 07, 2020.

The client alleges the financial misrepresented that assets would not be sold to convert her Advisory Solutions SEP IRA to an Advisory Solutions IRA account.

Broker John Naegele in Cambridge Investment Research, INC. Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Naegele (Naegele), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Naegele 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 $25,749.00 on May 12, 2020.

Failure to follow Instructions.

Broker William Shreve in UBS Financial Services INC. Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Shreve (Shreve), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Shreve 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 $234,448.00 on May 13, 2020.

Time Frame: February 24, 2020 to March 2, 2020 \<char_lb_r>\, The attorney representing the estate alleges a failure to liquidate securities as instructed.

Broker Ken Balser in Cetera Advisors LLC Firm Has Customer Complaint

May 7, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ken Balser (Balser), previously associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Balser 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 $100,001.00 on May 12, 2020.

Violations of Federal and Pennsylvania Securities Law, Violation of Pennsylvania Unfair Trade Practices, Violation of Colorado Securities and Consumer Protection Acts, breach of contract, common law fraud, breach of fiduciary duty, and gross negligence.