Reg BI

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

December 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 08, 2022.

The customer alleges that the Financial Advisor was not acting in his best interest regarding the fee structure of the account.

Broker Patrick Chitwood in Osaic Wealth, INC. Firm Has Customer Complaint

December 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patrick Chitwood (Chitwood), previously associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Chitwood 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 $1,000,000.00 on March 02, 2022.

Claimant alleges negligence, overconcentration, and unsuitable recommendations with regard to alternative investments.

There are Recent Customer Complaints with Broker Jerry Brierly in Firm Royal Alliance Associates, INC.

December 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerry Brierly (Brierly), previously associated with Royal Alliance Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Brierly 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 March 07, 2022.

Client alleges that the representative failed to understand the tax ramifications of terminating an annuity resulting in early distribution penalties as well as a sizeable tax liability.

There are Recent Customer Complaints with Broker Daniel Corey in Firm Bankers Life Securities, INC.

December 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Corey (Corey), currently associated with Bankers Life Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Corey 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 $22,253.00 on March 14, 2022.

In a written complaint received on March 14, 2022, addressed to Bankers Life and Casualty Company (BLC), an affiliated insurance company, clients alleged that their financial representative recommended they cancel their term life policies held with another financial institution and purchase whole life policies, funding premiums with withdrawals from their securities account with the Firm. Clients further allege their income was insufficient to fund the new premiums and requested their life insurance policies be cancelled and all money be refunded. Clients also alleged that their financial representative recommended the purchase of a Premium Bonus Indexed Annuity (PBIA) from BLC in February of 2020 comprising a high percentage of their liquid net worth and subject to high surrender charges. BLC found that the both the life insurance policies and the annuity were suitable recommendations and denied the complaint, but as an accommodation refunded the premiums paid into their life insurance policies minus the costs and expenses of the insurance over the period of time they were held via a settlement and release. The financial representative did not contribute nor was we asked to contribute to the settlement. While the life insurance policies and the annuity sold to the client were not securities and were issued by BLC, the Firm is reporting this complaint because the source of funding came from the sale of, or income generated by, securities and were recommended by a financial representative of the Firm.

There are Recent Customer Complaints with Broker Matthew Shapiro in Firm Sanford C. Bernstein & Co., LLC

December 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Shapiro (Shapiro), previously associated with Sanford C. Bernstein & Co., LLC, has at least one disclosable event. These events include one customer complaint, alleging that Shapiro 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 $422,000.00 on March 16, 2022.

The Customer alleged unsuitable investment recommendations.

Broker Shu Zhang in Morgan Stanley Firm Has Customer Complaint

December 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 14, 2022.

Client alleged, inter alia, that their instructions to liquidate their shares of blackberry stock were not followed December 2021 damages unspecified

There are Recent Customer Complaints with Broker Kenneth Speight in Firm LPL Financial LLC

December 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Speight (Speight), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Speight 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 $30,300.00 on March 10, 2022.

Customer alleges that he was misled when he purchased a Variable Universal Life Insurance policy in April 2019

Broker Jason Collichio in Landolt Securities, INC. Firm Has Customer Complaint

December 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Collichio (Collichio), currently associated with Landolt Securities, INC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Collichio 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 $49,343.00 on March 14, 2022.

Unsuitable recommendations

There are Recent Customer Complaints with Broker Juan Maldonado in Firm Nationwide Planning Associates INC.

December 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 10, 2022.

Client alleges over-concentration, unsuitability, breach of fiduciary duty, violations of securities laws and rules, breach of contract, negligence, fraud, false inducement to inaction, failure to supervise (Puerto Rico bonds, open-end funds and closed-end funds). Includes request for rescission, punitive damages, interest, costs, fees.

Broker Christian Zepeda in Charles Schwab & Co., INC. Firm Has Customer Complaint

December 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christian Zepeda (Zepeda), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Zepeda 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 $11,039.66 on March 16, 2022.

The client alleges the representative recommended an investment strategy that was not in the client’s best interest.