Reg BI

Broker Mike Kilpatrick in Centaurus Financial, INC. Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mike Kilpatrick (Kilpatrick), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kilpatrick 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 $150,000.00 on June 11, 2024.

The customer alleges that the Registered Representative recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

Broker Guy Clemente in Aegis Capital Corp. Firm Has Customer Complaint

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Guy Clemente (Clemente), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Clemente 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 $750,000.00 on June 11, 2024.

Breach of Fiduciary Duty, Suitability, Fair Dealing, Excessive Trading, Failure to Supervise, Breach of Contract

There are Recent Customer Complaints with Broker William Dobbs in Firm Centaurus Financial, INC.

April 29, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Dobbs (Dobbs), currently associated with Centaurus Financial, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Dobbs 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 $30,920.00 on June 11, 2024.

The customer alleges that the Registered Representative recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Timothy Sherer in Firm Emerson Equity LLC

April 29, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 12, 2024.

Unsuitable recommendations, violation of common law fraud, breach of fiduciary duty, negligence.

Broker Reuben Brown in Edward Jones Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Reuben Brown (Brown), previously associated with Edward Jones, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Brown 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 $130,000.00 on June 12, 2024.

Claimants allege that in 2021, registered representative presented an investment opportunity called Clover Capital that was, according to registered representative, short term and risk free. Claimants assert Clover Capital was a sham, created by registered representative to swindle money from his clients.

Broker Brian Nelson in PFS Investments INC. Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 14, 2024.

The customer alleged that the RR added his own bank account to and withdrew funds from the customer’s mutual fund account without the customer’s knowledge/consent.

Broker Yan Sun in LPL Financial LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yan Sun (Sun), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sun 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 June 13, 2024.

Customer alleges representative made unsuitable investment recommendations during the time period 2017 to 2024.

There are Recent Customer Complaints with Broker J. Brian Glaze in Firm Avantax Investment Services, INC.

April 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 13, 2024.

Customer alleged their investments were not suitable.

Broker Regina Loeks in Pershing LLC / Pershing Advisor Solutions LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Regina Loeks (Loeks), currently associated with Pershing LLC / Pershing Advisor Solutions LLC, has at least one disclosable event. These events include one customer complaint, alleging that Loeks 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 $51,271.00 on June 13, 2024.

Customer alleges that on a call with Regina Loeks, Client Processing Associate, on May 7, 2024, they requested that their position in White River Energy Corp (“WTRV”) and White River Energy Corp warrants (“WTRVW”) be liquidated and transferred to their new custodian. The WRTV warrants required exercising prior to liquidation but Ms. Loeks submitted a request incorrectly to liquidate the warrants instead of exercising. The WRTV shares were not sold as they were not in the account at the time of request.

Broker Erik Olson in Arete Wealth Management, LLC Firm Has Customer Complaint

April 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Erik Olson (Olson), currently associated with Arete Wealth Management, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Olson 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 $104,832.47 on June 13, 2024.

Client alleges registered representative recommended an unsuitable investment.