Reg BI

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

September 1, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 30, 2023.

Customer alleges misrepresentation, unsuitable investment recommendations and failure to act in customers best interest regarding investment strategies from September 2021 to March 2023.

Broker Alan Greenberg in Morgan Stanley Firm Has Customer Complaint

September 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alan Greenberg (Greenberg), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Greenberg 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 $200,000.00 on May 22, 2023.

Claimant alleges, inter alia, unsuitability with respect to investments in his managed accounts from 2021 to 2022

Broker Craig Johnson in LPL Financial LLC Firm Has Customer Complaint

September 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Craig Johnson (Johnson), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Johnson 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 23, 2023.

Breach of Fiduciary Duty

There are Recent Customer Complaints with Broker Matthew Engelau in Firm LPL Financial LLC

August 31, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 05, 2023.

Claimants allege that during the time period January 2021 to February 2023, representative employed a trading strategy which resulted in losses in their accounts.

Broker Dennis Mcmillan in Arete Wealth Management, LLC Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Mcmillan (Mcmillan), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mcmillan 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 $60,000.00 on May 31, 2023.

Clients allege unsuitable investment recommendations in May 2019 and April 2020

Broker Shane Wilhelm in Fortune Financial Services, INC. Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on June 02, 2023.

Respondent Wilhelm failed to respond to FINRA requests for information.

Broker Jason Turner in Ameriprise Financial Services, LLC Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 06, 2023.

BREACH OF FIDUCIARY DUTY, SUITABILITY, FRAUD, NEGLIGENT MISREPRESENTATION, FAILURE TO SUPERVISE, VIOLATION OF INDUSTRY RULES, BREACH OF CONTRACT.

Broker Robert Tolstoi in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 05, 2023.

Claimant alleges that from 2019, the financial advisor made unsuitable investments and exploited the Claimant by unlawfully taking money from her.

Broker Jeffrey Walker in Citizens Securities, INC. Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Walker (Walker), previously associated with Citizens Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Walker 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 $500,000.00 on June 01, 2023.

Clients’ attorney alleges that investment into Colorado Bankers Life Fixed Annuity in March 2018 unnecessarily exposed [REDACTED] to significant risk.

Broker Jeffrey Moravchik in LPL Enterprise, LLC Firm Has Customer Complaint

August 31, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 08, 2023.

Customer Alleges that the rep did not fully disclose all the facts regarding contingent deferred sales charges and that he was not delivered the contract.