Reg BI

There are Recent Customer Complaints with Broker Ronald Cappuccio in Firm Charles Schwab & Co., INC.

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Cappuccio (Cappuccio), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Cappuccio 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 $2,700,000.00 on May 09, 2024.

While working at Quantum and Co., clients allege that the solicitation of accounts were improper by allegedly misrepresenting material facts and omissions related to the purchase of unregistered pre-Initial Public Offering securities. This matter is a pending civil litigation.

There are Recent Customer Complaints with Broker Caz Craffy in Firm Monmouth Capital Management LLC

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Caz Craffy (Craffy), previously associated with Monmouth Capital Management LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Craffy 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 $100,000.00 on May 09, 2024.

Breach of fiduciary duty, negligence, failure to supervise and violation of common law fraud.

There are Recent Customer Complaints with Broker Walter Less in Firm LPL Financial LLC

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Walter Less (Less), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Less 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 $254,048.00 on May 13, 2024.

Complaint alleges that the advisor approved transactions that were not authorized by the POA agreement on file.

Broker Andrew Gentiluomo in Equity Services, INC. Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Gentiluomo (Gentiluomo), currently associated with Equity Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Gentiluomo 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 $200,000.00 on May 14, 2024.

Customer alleges Blue Sky, Breach of Fiduciary Duty, Constructive Fraud, and Common Law Conspiracy regarding investments in two LLCs

There are Recent Customer Complaints with Broker Ned Chatelain in Firm Prospera Financial Services, INC.

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ned Chatelain (Chatelain), currently associated with Prospera Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Chatelain 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 $100,000.00 on May 13, 2024.

Client alleges underperformance and excessive account fees from 12/2021 to 4/2024.

There are Recent Customer Complaints with Broker Gregory Hersch in Firm Old City Securities LLC

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Hersch (Hersch), previously associated with Old City Securities LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Hersch 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 $75,000.00 on May 07, 2024.

In response to Florence Capital Advisors, LLC’s (‘FCA’) claim for fees of approximately $6.9 million filed by FCA against the Linden West Trust (‘Client’), the Client asserted a counter claim against FCA and a third-party claim against FCA’s principal, Gregory Hersch. These claims, which had not been asserted prior to FCA’s filing suit, were for alleged breach of fiduciary duty, fraud, and breach of contract, among other allegations, stemming from the client’s investment in FF Fund I during the period from February 2016 to December 2020.

Broker Richard Hagan in MML Investors Services, LLC Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Hagan (Hagan), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hagan 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 $400,000.00 on May 07, 2024.

The complainant alleges that the registered representative, misrepresented a whole life policy, which was unsuitable for her investment time horizon in 2017, and made an unauthorized EIA Fixed Annuity purchase, on/or about September 13, 2018, by falsifying and signing the application, and never having the complainant sign an annuity disclosure form.

Broker Philip George in Edward Jones Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Philip George (George), previously associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that George 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 $185,802.83 on May 10, 2024.

The client alleges the variable life insurance policy underperformed and she was unaware of the risks associated with this product.

Broker Roman Gadaskin in the Oak Ridge Financial Services Group, INC. Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roman Gadaskin (Gadaskin), currently associated with the Oak Ridge Financial Services Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Gadaskin 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 May 15, 2024.

Client alleges that he was never fully informed of how the Market Participation CD worked or the tax implications. Client contacted the BD on 4/15/24 and spoke to the CCO. At that time, he did not make any claims or mention a dollar amount. The CCO advised the client she would review the matter and call him back. The CCO called the client on 4/18 with additional information, including the fact that the client would be receiving his original investment back at maturity. The client was concerned about tax implications even though he was not receiving interest payments. The matter was referred to the CEO and EVP. Over the next few months, efforts were made to work with the client and his CPA by providing resources and reference materials addressing his tax filing issues. Ultimately, a mutual decision was reached to accept a settlement offer. The settlement was accepted on 8/21/2024.

Broker Mark Landis in Equitable Advisors, LLC Firm Has Customer Complaint

May 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Landis (Landis), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Landis 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 $14,075.00 on May 08, 2024.

Customer alleges RR forged her signature to complete an internal transfer of funds.