Reg BI

There are Recent Customer Complaints with Broker Kevin Paasch in Firm MML Investors Services, LLC

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Paasch (Paasch), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Paasch 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 $1,133,740.00 on February 15, 2024.

It is alleged that in 2021, the rep didn’t sell and transfer assets as instructed, and later transferred money that had been in the customer’s joint account over to an account held by just one of the joint account holders, contrary to the instructions that had been given, resulting in financial harm.

Broker John Hibshman in Osaic Wealth, INC. Firm Has Customer Complaint

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Hibshman (Hibshman), currently associated with Osaic Wealth, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Hibshman 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 February 16, 2024.

Claimants allege their RR recommended an unsuitable Oil and Gas investment.

Broker James Siemonsma in Msec, LLC Firm Has Customer Complaint

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Siemonsma (Siemonsma), previously associated with Msec, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Siemonsma 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 $250,000.00 on February 20, 2024.

Claimants allege Mr. Siemonsma made an unsuitable recommendation for an alternative investment purchase.

There are Recent Customer Complaints with Broker Gregory Gann in Firm LPL Financial LLC

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Gann (Gann), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gann 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 $35,000.00 on February 15, 2024.

Customer alleges that an investment made in 2014 was unsuitable for the customer’s investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker Curt Grossman in Firm Kestra Investment Services, LLC

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Curt Grossman (Grossman), previously associated with Kestra Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Grossman 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 February 20, 2024.

Claimants allege Mr. Grossman recommended the sale of unsuitable investments.

Broker Leon Levinson in Osaic Wealth, INC. Firm Has Customer Complaint

June 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leon Levinson (Levinson), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Levinson 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 $50,000.00 on February 16, 2024.

Claimant alleges their RR recommended an unsuitable Oil and Gas Investment

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

June 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Smith (Smith), currently associated with Sanford C. Bernstein & Co., LLC, has at least one disclosable event. These events include one customer complaint, alleging that Smith 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 $250,000.00 on February 22, 2024.

Breach of Fiduciary Duty, Negligence, Failure to Supervise, Failure to Recommend Suitable Investments, Failureto Act in Claimants Best Interest, Unauthorized Trading, Misrepresentation and Omission of Material Facts.

There are Recent Customer Complaints with Broker Darren Grossman in Firm Centaurus Financial, INC.

June 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darren Grossman (Grossman), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Grossman 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 $250,000.00 on February 21, 2024.

The customers allege that, during the period of January 2020 through October 2020, the Registered Representative recommended unsuitable, high-risk, illiquid investments, and breached his fiduciary duty.

Broker Andrew Payne in Aegis Capital Corp. Firm Has Customer Complaint

June 1, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on February 20, 2024.

Time Frame: July 16th, 2020 to February 20, 2024\, Allegation Language – The client alleges his financial advisor had shares journaled which were subsequently sold to another account without his authority.

Broker Lawrence Depaul in Centaurus Financial, INC. Firm Has Customer Complaint

June 1, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Depaul (Depaul), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Depaul 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 $100,001.00 on February 21, 2024.

The customer alleges that during the period of 2019 through 2021, the Registered Representative recommended unsuitable, high-risk, illiquid investments, and breached his fiduciary duty.