Reg BI

There are Recent Customer Complaints with Broker John Cobb in Firm LPL Financial LLC

May 10, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Cobb (Cobb), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cobb 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 $32,267.44 on April 18, 2024.

Client alleges that she gave advisor a firm order at a review meeting in July 2023 to purchase $50,000 worth of Eli Lilly shares (LLY). This purchase did not occur. Client reached out to advisor in March 2024 asking about the status of the purchase and why is had not been completed. He advised that he didn’t feel this was a good purchase for her at that time and they were set to discuss further. They met April 18, 2024 and the client says she made notes that she gave him an order and he was supposed to sell other mutual funds in the account and it seems possibly purchase another stock (NVO).

There are Recent Customer Complaints with Broker Rylan Haecker in Firm Nylife Securities LLC

May 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 22, 2024.

The policyowner alleges that the RR did not adequately inform her of the surrender charges and other fees associated with her variable annuity purchased in September 2021. The policyowner requested to surrender the variable annuity without the imposition of surrender charges and for the Firm to consider compensating her for the loss of the potential value of her investment.

There are Recent Customer Complaints with Broker Sean Mostero in Firm LPL Financial LLC

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Mostero (Mostero), previously associated with LPL Financial LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Mostero 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 $350,000.00 on April 23, 2024.

Claimant alleges that their former representative engaged in an inappropriate relationship with Claimant, failed to protect her from poor financial decisions, and breached his duties of care, best interest, trust, and fair dealing.

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

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Rohr (Rohr), previously associated with Wells Fargo Advisors Financial Network, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rohr 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 $12,000.00 on April 23, 2024.

The client alleges that the advice she was provided regarding the rollover of funds from her 457(b) plan to an ira was inaccurate. She claims the rollover is considered a taxable event from a governmental 457(b) plan and led her to lose approximately $12,000 in value on her account.

There are Recent Customer Complaints with Broker Patrick Bortz in Firm Ameriprise Financial Services, LLC

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Patrick Bortz (Bortz), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bortz 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 $6,789.00 on April 18, 2024.

The client alleged the advisor provided them with the incorrect taxable income they would receive as beneficiaries of a Jackson National annuity in September 2023, leading them to take a lump sum, as opposed to other available options, causing them unintended tax consequences.

Broker Lillian Henderson in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lillian Henderson (Henderson), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Henderson 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 $600,000.00 on April 22, 2024.

Claimant asserts various claims, including unsuitable recommendations and misrepresentation related to investments in his Edward Jones retirement account.

Broker Ryan Foster in Intercarolina Financial Services, INC. Firm Has Customer Complaint

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Foster (Foster), previously associated with Intercarolina Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Foster 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 $240,000.00 on April 23, 2024.

Allegations that inappropriate investments were performed for the claimant’s account.

There are Recent Customer Complaints with Broker Michael Henshaw in Firm Northwestern Mutual Investment Services, LLC

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Henshaw (Henshaw), previously associated with Northwestern Mutual Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Henshaw 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 April 22, 2024.

Customer alleges that representative took unauthorized loans from multiple non-variable life insurance policies.

There are Recent Customer Complaints with Broker Yvette Stewart in Firm Ameriprise Financial Services, LLC

May 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yvette Stewart (Stewart), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stewart 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 $21,600.00 on April 22, 2024.

The client alleged the advisor misrepresented add on payment credit provisions for a variable annuity.

Broker Benjamin Bayly in Raymond James & Associates, INC. Firm Has Customer Complaint

May 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 19, 2024.

Customer alleged that advisory fees charged in the accounts were not justified during periods when there were no transactions in the accounts. (1/1/2020-12/31/2022)