Reg BI

Broker Jason Pitts in Wells Fargo Advisors Financial Network, LLC Firm Has Customer Complaint

February 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Pitts (Pitts), currently associated with Wells Fargo Advisors Financial Network, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Pitts 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 $900,000.00 on December 22, 2025.

Client alleges the financial professional misrepresented an unsuitable variable annuity contract.

Broker Donna Desanctis in Ameriprise Financial Services, LLC Firm Has Customer Complaint

February 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donna Desanctis (Desanctis), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Desanctis 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 $16,549.14 on December 19, 2025.

The client alleged that the rider fees for his RiverSource variable annuities were misrepresented over the last 10 years and unsuitable for a senior investor.

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

February 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Hlibok (Hlibok), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Hlibok 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 $500,000.00 on December 22, 2025.

The client’s attorney alleges unauthorized trading.

Broker Kent Engelke in Capitol Securities Management, INC. Firm Has Customer Complaint

February 4, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kent Engelke (Engelke), currently associated with Capitol Securities Management, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Engelke recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on December 17, 2025.

The client alleges unsuitable recommendations.

There are Recent Customer Complaints with Broker Shalom Azar in Firm Wells Fargo Advisors Financial Network, LLC

February 3, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 13, 2026.

Client alleges misrepresentation with respect to commissions charged on individual trades and opening of managed account

There are Recent Customer Complaints with Broker Matthew Carmichael in Firm Nylife Securities LLC

February 3, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 31, 2025.

The Customer alleges the variable annuity he purchased in October 2025 was not appropriate for his age, liquidity needs, objectives, or planning horizon. The customer wants to exit the product without surrender fees.

Broker Joseph Rosen in UBS Financial Services INC. Firm Has Customer Complaint

February 3, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 23, 2025.

Time Frame: October 15, 2024 to November 24th, 2025\, \, What were the allegations against the individual? The client alleges that her Financial Advisor failed to invest the funds as instructed that she deposited in her account. The client further alleges she instructed her Financial Advisor to use dollar cost averaging to invest in Pace.

Broker Lindsey Wedner in Equitable Advisors, LLC Firm Has Customer Complaint

February 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lindsey Wedner (Wedner), currently associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wedner 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 December 31, 2025.

Customer alleges RR misrepresented Variable annuities sold from 2019 to 2024.

Broker Thomas Shultz in Realta Equities, INC. Firm Has Customer Complaint

February 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Shultz (Shultz), currently associated with Realta Equities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Shultz 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 $103,000.00 on December 30, 2025.

Ignored their customer’s explicit instructions and instead recommended speculative securities.

There are Recent Customer Complaints with Broker Marc Korsch in Firm Arkadios Capital

February 3, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 30, 2025.

Claim: Breach of Fiduciary duty.