Reg BI

There are Recent Customer Complaints with Broker Mark Zorn in Firm Cetera Advisor Networks LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Zorn (Zorn), previously associated with Cetera Advisor Networks LLC, has at least one disclosable event. These events include one customer complaint, alleging that Zorn 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 $450,000.00 on June 17, 2025.

Claimants allege Respondent recommended an unsuitable product.

Broker Gary Paul in LPL Financial LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 08, 2025.

Claimant alleges breach of fiduciary duty, negligence, failure to supervise, violation of FINRA Rules and industry standards as the result of a withdrawal made on November 1, 2024.

Broker William Morris in Cape Securities INC. Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Morris (Morris), currently associated with Cape Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Morris 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 June 23, 2025.

The Claimant alleges that she made investments in GWG Holdings, Inc. (“GWG”) L Bonds at the recommendation of William Morris, a registered representative at Cape Securities. On February 5, 2021, she invested $100,000 in 2-year L Bonds and on March 9, 2021, she invested $50,000 in 3-year L Bonds and $50,000 in 7-year L Bonds. Just over a year after her investments, GWG filed for bankruptcy on April 20, 2022. The Claimant alleges that she has suffered a loss and has been damaged by the recommendation made by Mr. Morris.

Broker Steven Shemirani in UBS Financial Services INC. Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 28, 2025.

Time Frame: January 21st, 2025 to May 28th, 2025\, \, What were the allegations against the individual? The client’s son who is the beneficiary alleges that his mother was placed in a strategy that was inconsistent with both her stated profile and personal circumstance. The beneficiary further alleges the strategy was unsuitable for an elderly unsophisticated investor.

There are Recent Customer Complaints with Broker Michael Whitaker in Firm Newbridge Securities Corporation

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Whitaker (Whitaker), currently associated with Newbridge Securities Corporation, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Whitaker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on June 18, 2025.

Clients have asserted that they suffered financial losses related to investment recommendations.

There are Recent Customer Complaints with Broker Christopher Jacobi in Firm Ameriprise Financial Services, LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Jacobi (Jacobi), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jacobi 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 $150,000.00 on July 07, 2025.

Claimant alleges an unsuitable investment was recommended by Advisor.

Broker Robert Coffin in Cambridge Investment Research, INC. Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Coffin (Coffin), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Coffin 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 $5,000.00 on July 10, 2025.

Customer alleges improper timing of annuity solicitation in 2021.

There are Recent Customer Complaints with Broker David Merrick in Firm Edward Jones

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Merrick (Merrick), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Merrick 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 $12,000.00 on June 20, 2025.

Clients allege that they were told they were purchasing two year bonds but have learned the funds are locked up for 20 years and would not have purchased the bonds had they known this information.

Broker Valentino Scott in Centaurus Financial, INC. Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Valentino Scott (Scott), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Scott 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 May 28, 2025.

The customer alleges that the Registered Representative misrepresented and recommended unsuitable, speculative, illiquid investments. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Luis Gesualdo Perez in Firm Equitable Advisors, LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Luis Gesualdo Perez (Gesualdo Perez), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gesualdo Perez 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 $5,000.00 on July 08, 2025.

Client alleges the RR made misrepresentations in connection with a variable annuity purchased in 2006.