Reg BI

Broker Charles King in Raymond James & Associates, INC. Firm Has Customer Complaint

July 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles King (King), previously associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that King 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 $800,000.00 on March 16, 2020.

Client alleges advisor misrepresented terms of a margin loan. Alleged Activity dates: 3/18/2010 – 4/28/2017.

Broker Manuel Escobar in Nationwide Planning Associates INC. Firm Has Customer Complaint

July 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Manuel Escobar (Escobar), currently associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Escobar 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 $4,000,000.00 on March 17, 2020.

Period 2011 to 4/2013. Allegations unsuitable and misleading advice concerning puerto rico bonds.

There are Recent Customer Complaints with Broker John Koorey in Firm Western International Securities, INC.

July 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Koorey (Koorey), previously associated with Western International Securities, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Koorey 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 March 17, 2020.

Unsuitable Recommendations

Broker Stuart Sierer in UBS Financial Services INC. Firm Has Customer Complaint

July 27, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stuart Sierer (Sierer), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Sierer 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 March 18, 2020.

Time Frame: April 27, 2018 to March 18, 2018 \<char_lb_r>\, \<char_lb_r>\, What were the allegations against the individual? \<char_lb_r>\, . The client alleges unauthorized trading.

Broker Trang Tran in RBC Capital Markets, LLC Firm Has Customer Complaint

July 26, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 20, 2020.

Client alleges failure to follow instructions on March 11, 2020.

Broker David Muma in Nylife Securities LLC Firm Has Customer Complaint

July 26, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 19, 2020.

Customer alleges the recommendation to purchase a Variable Annuity in December 2014 was not in his best\<char_lb_r>\, interest as this purchase was funded by a fixed life insurance policy loan, however the costs associated with\<char_lb_r>\, the policy loan have outweighed any gains in the Variable Annuity policy.

Broker Stephen Denari in Osaic Wealth, INC. Firm Has Customer Complaint

July 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Denari (Denari), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Denari 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 $900,000.00 on March 18, 2020.

Claimants allege an unsuitable investment strategy beginning in 2005.

Broker Derek Vance in UBS Financial Services INC. Firm Has Customer Complaint

July 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Derek Vance (Vance), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Vance 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 $8,081.23 on March 18, 2020.

Time Frame: March 6, 2020 to March 17, 2020 The client alleges he was not informed he could lose money in his investment and that there was no risk.

Broker Jennifer Ibarguen in Ameriprise Financial Services, LLC Firm Has Customer Complaint

July 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jennifer Ibarguen (Ibarguen), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ibarguen 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 March 18, 2020.

Plaintiff alleges the advisor made misrepresentations in recommending withdrawing funds from his inherited IRA in the amount of $76,473.86.

There are Recent Customer Complaints with Broker Jeanann Kramer in Firm LPL Financial LLC

July 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeanann Kramer (Kramer), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kramer 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 $11,475.00 on March 18, 2020.

In the financial industry advisors must meet the requirements of the SEC’s Regulation Best Interest (Reg BI) in providing investment advice and services. Reg BI established a ‘best interest’ standard for brokerage firms and registered representatives. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts. This standard applies when a registered representative is providing investment advice through making recommendations customers and covers securities transaction, investment strategies, and recommendations concerning advice on opening of an account or accounts.