Reg BI

There are Recent Customer Complaints with Broker Edward Sep in Firm LPL Financial LLC

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Sep (Sep), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sep 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 $40,000.00 on May 26, 2025.

The client alleges that her representative did not provide advice in her best interest concerning an inherited annuity, including discussing alternatives and tax consequences. 03/01/2024 to 05/26/2025

Broker Elizabeth Fitzwater in UBS Financial Services INC. Firm Has Customer Complaint

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Elizabeth Fitzwater (Fitzwater), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Fitzwater 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 $3,233,690.00 on May 23, 2025.

Time frame: 2016 to 2021\, Allegations: Claimant’s Counsel alleges (Team) fail to identify and escalate red flag issues associated with financial exploitation and made trades in the account that were not in the best interest of the claimant.

There are Recent Customer Complaints with Broker Brian Court in Firm Aegis Capital Corp.

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Court (Court), previously associated with Aegis Capital Corp., has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Court recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

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

Without admitting or denying the findings, Court consented to the sanction and to the entry of findings that he exercised discretion without written authorization in connection with trades in 10 customers’ accounts. The findings stated that although the customers understood that Court was placing trades in their accounts, none had given him prior written authorization to exercise discretion in their accounts and Court’s member firm did not accept any of the customers’ accounts as discretionary.

There are Recent Customer Complaints with Broker William Hancock in Firm Osaic Wealth, INC.

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Hancock (Hancock), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hancock 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 $180,000.00 on May 28, 2025.

Claimants allege the unsuitable recommendation and sale of variable annuities.

Broker Kim Monchik in Spartan Capital Securities, LLC Firm Has Customer Complaint

July 22, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 27, 2025.

Respondeat superior

Broker Leila Larijani in UBS Financial Services INC. Firm Has Customer Complaint

July 22, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 26, 2025.

Time Frame: May 19th, 2023 to June 20th, 2023\, What were the allegations against the individual? Client alleges that she “did not authorize the disbursements” from her IRA account in 2023 and the “electronic” signature use on the IRA Distribution Form was not made by her. Client further states she was never advised or consulted regarding the distributions and if she had been, she might have been able to corrected the situation within the 60 day time period.

Broker Scott D. Jones in UBS Financial Services INC. Firm Has Customer Complaint

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott D. Jones (Jones), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Jones 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 $3,233,690.00 on May 23, 2025.

Time frame: 2016 to 2021\, Allegations: Claimant’s Counsel alleges (Team) fail to identify and escalate red flag issues associated with financial exploitation and made trades in the account that were not in the best interest of the claimant.

There are Recent Customer Complaints with Broker Parviz Pourfarid in Firm Western International Securities, INC.

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Parviz Pourfarid (Pourfarid), previously associated with Western International Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Pourfarid 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 $160,000.00 on May 28, 2025.

Customer alleges that an investment recommendation was unsuitable and misleading.

Broker John Nole in Paulson Investment Company LLC Firm Has Customer Complaint

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Nole (Nole), currently associated with Paulson Investment Company LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nole 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 $161,151.00 on May 28, 2025.

[REDACTED] purchased 200k GWG in 2019, and requested part of her investment back as a result of the GWG Bankruptcy filing.

There are Recent Customer Complaints with Broker Nicholas Saunders in Firm Centaurus Financial, INC.

July 22, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Saunders (Saunders), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Saunders 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 $97,500.00 on May 27, 2025.

The customers allege that the Registered Representative recommended an unsuitable, high-risk, complex, illiquid investment. No specific dates for the alleged activity were identified in the Statement of Claim.