Articles Posted in Reg BI

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Baron Jacobs (Jacobs), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Jacobs 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 $211,122.62 on October 20, 2022.

The customer alleged that her Registered Representative misquoted the proposed annuity payments she would receive when she purchased a fixed annuity in June 2022.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rolando Perez (Perez), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Perez 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 $140,000.00 on October 24, 2022.

Claimant approaced defendent in March or April 2021 to help ascertain funding for company. Defendant introduced claimant to a bank to secure a line of credit. Around 7/6/2021 claimant wired $280,000 to bank. Unable to obtain the line of credit and other funding, the defendant requested funds on 6/28/2022. $140,000 was repaid on 7/16/2022. The balance was not paid by the due date of 8/30/2022. Claimant is suing for amount plus costs and damages.

Continue Reading

| by

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

FINRA BrokerCheck shows a settled customer complaint on October 23, 2022.

5/14/21 – 5/14/21

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Erik Alexander (Alexander), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Alexander 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 $270,000.00 on October 20, 2022.

Claimant alleges that in 2016 the Representative misrepresented that certain investments, such as a Real Estate Investment Trust, were conservative, secure, and did not carry any significant risks, and the Claimant suffered estimated losses in excess of $270,000.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Martin (Martin), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Martin 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 October 24, 2022.

The client alleges that the financial advisor did not follow their instructions to not invest certain funds in their account.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Paul Carnahan (Carnahan), currently associated with Gwn Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Carnahan 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 $800,000.00 on October 18, 2022.

The customers allege that the rep recommended and overconcentrated their accounts in unsuitable investments

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Nuss (Nuss), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Nuss 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 $10,000,000.00 on October 24, 2022.

Attorney for client alleges, inter alia, that recommendation for pension plan to utilize outside money manager who failed to implement a liability-driven investment strategy with short erm duration strategy was unsuitable from October 24, 2021 to October 24, 2022.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Mooney (Mooney), previously associated with Tiaa-cref Individual & Institutional Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mooney recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint with a damage request of $1,000,000.00 on October 20, 2022.

Arbitration Award in favor of Creative Planning. Alleged breach of agreement, breach of fiduciary duties, negligence in the discretionary handling of claimant’s accounts and violation of the Pennsylvania Unfair Trade Practices and Consumer Protection Law related to the management of options in claimant’s account from August 2017 until September 2022.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brock Brady (Brady), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brady 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 $270,000.00 on October 20, 2022.

Claimant alleges that in 2016 the Representative misrepresented that certain investments, such as a Real Estate Investment Trust, were conservative, secure, and did not carry any significant risks, and the Claimant suffered estimated losses in excess of $270,000.

Continue Reading

| by

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Howard Woo (Woo), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Woo 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 October 21, 2022.

Clients allege representative made misrepresentations beginning in May 2021.

Continue Reading
Contact Information
295 Madison Ave #705
New York, NY 10017
Toll Free: 800-810-4262
3706 N Greenview Ave
#100
Chicago, IL 60613
28 Valley Rd
#1
Montclair, NJ 07042
ATTORNEY ADVERTISING

Please do not include any confidential or sensitive information in a contact form, text message, or voicemail. The contact form sends information by non-encrypted email, which is not secure. Submitting a contact form, sending a text message, making a phone call, or leaving a voicemail does not create an attorney-client relationship.

Copyright © 2026, Gana Weinstein LLP
JUSTIA Law Firm Blog Design