Reg BI

There are Recent Customer Complaints with Broker Michael Kelley in Firm LPL Financial LLC

July 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Kelley (Kelley), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kelley 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 $2,000,000.00 on August 18, 2023.

Claimant alleges representative sold unsuitable products to Claimant and misrepresented the nature of the products and the fees during the time period 2003-2023.

Broker Herbert Buchbinder in Stifel, Nicolaus & Company, Incorporated Firm Has Customer Complaint

July 12, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Herbert Buchbinder (Buchbinder), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Buchbinder 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 $76,000.00 on August 15, 2023.

Claimants allege breach of contract, negligence, and breach of fiduciary duty.

Broker Talin Kalfayan in Western International Securities, INC. Firm Has Customer Complaint

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Talin Kalfayan (Kalfayan), currently associated with Western International Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kalfayan 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 $10,000.00 on August 28, 2023.

The representative misrepresented the features of the product sold in 2020.

Broker Alex Stolper in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

July 11, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 25, 2023.

Arbitration: In or around October 2022, Claimant alleges her Financial Advisor’s (FA) wrongful placement of monies into her joint trust account caused significant tax consequences and losses \, Litigation: In or around October 2022, Plaintiff alleges her Financial Advisor’s (FA) wrongful placement of monies into her joint trust account caused significant tax consequences and losses

Broker Maria Calcena in Osaic Institutions, INC. Firm Has Customer Complaint

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maria Calcena (Calcena), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Calcena 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 August 23, 2023.

Former customer alleges unsuitability, misrepresentations and omissions, and breach of contract in connection with offshore investments

There are Recent Customer Complaints with Broker Luke Lannister in Firm Grove Point Investments, LLC

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Luke Lannister (Lannister), previously associated with Grove Point Investments, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Lannister 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 $150,000.00 on August 29, 2023.

Client alleges that Financial Professional misrepresented a transaction-based compensation arrangement as a performance-based compensation arrangement, placed discretionary trades without the client’s prior permission, and churned the client’s account. Timeframe is May 25, 2022 to May 25, 2023.

There are Recent Customer Complaints with Broker Jerome Aron in Firm LPL Financial LLC

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerome Aron (Aron), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Aron 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 $50,000.00 on August 28, 2023.

The representative misrepresented the features of the product sold to the customer in 2019.

There are Recent Customer Complaints with Broker James Jones in Firm Center Street Securities, INC.

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Jones (Jones), previously associated with Center Street Securities, 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 $100,000.00 on August 28, 2023.

Client alleges registered representative recommended an unsuitable investment.

Broker Angel Ferrer in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Angel Ferrer (Ferrer), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Ferrer 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 $56,000,000.00 on August 24, 2023.

Claimants allege breach of fiduciary duty, negligence, fraud, breach of contract, third party beneficiary breach of contract, violation of Regulation BI, and negligent supervision related to alleged failure to provide advice on a concentrated position and alleged recommendation to use a line of credit to further concentrate their assets.

There are Recent Customer Complaints with Broker Eric Duncan in Firm Moloney Securities Co., INC.

July 11, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Duncan (Duncan), currently associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Duncan 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 $196,000.00 on August 23, 2023.

Suitability/negligence. 2016-2019.