Reg BI

Broker Charles Riccomini in PFS Investments Inc. Firm Has Customer Complaint

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 06, 2024.

Without admitting or denying the findings, Riccomini consented to the sanctions and to the entry of findings that he engaged in an OBA without providing prior written notice to his member firm. The findings stated that Riccomini worked as a marketing affiliate for a company that was owned and operated by three other firm registered representatives. In his capacity as a marketing affiliate, Riccomini referred potential customers to the company and received a commission if the customers purchased e-commerce storefront services or digital real estate. In total, Riccomini received $45,040 in commissions for successfully referring multiple customers, including at least one firm customer.

There are Recent Customer Complaints with Broker Vincenzo Garganese in Firm MML Investors Services, LLC

April 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vincenzo Garganese (Garganese), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Garganese 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 $130,000.00 on August 05, 2024.

The complainant alleges that beginning in 2020, the producer recommended that he invest in aggressive stocks despite the complainant being a conservative investor. The complainant alleges to have been financially harmed as a result of this advice.

There are Recent Customer Complaints with Broker Zeshan Panjwani in Firm Newbridge Securities Corporation

April 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Zeshan Panjwani (Panjwani), previously associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Panjwani 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 $85,000.00 on August 06, 2024.

Breach of fiduciary duty, breach of contract and negligence, negligent supervision.

There are Recent Customer Complaints with Broker Cody Coffey in Firm Allstate Financial Services, LLC

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on August 05, 2024.

Misuse of client funds.

There are Recent Customer Complaints with Broker John Revelle in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

April 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Revelle (Revelle), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one regulatory event, alleging that Revelle recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on August 05, 2024.

Without admitting or denying the findings, Revelle consented to the sanctions and to the entry of findings that, without obtaining his member firm’s approval, he drafted, signed, and disseminated to third parties asset verification letters on firm letterhead that contained material misrepresentations. The findings stated that the material misrepresentations included incorrectly stating that the individual on whose behalf the letters were sent was a firm customer. In addition, one of the letters materially overstated the value of the individual’s assets, including crypto assets, and incorrectly stated that Revelle had ‘verified’ the individual’s assets, even though he had not taken any steps to do so. The findings also stated that Revelle engaged in an OBA that he failed to disclose to his firm. Revelle was employed by a third-party entity-a start-up decentralized crypto exchange-to assist the company in processing investments, for which he earned more than $29,000.

There are Recent Customer Complaints with Broker Kerri Jamison in Firm Newbridge Securities Corporation

April 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kerri Jamison (Jamison), currently associated with Newbridge Securities Corporation, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Jamison 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 $25,000.00 on August 06, 2024.

Breach of fiduciary duty, breach of contract and negligence, negligent supervision.

There are Recent Customer Complaints with Broker Joseph Seidler in Firm RBC Capital Markets, LLC

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 02, 2024.

Respondent Seidler failed to respond to FINRA requests for information.

There are Recent Customer Complaints with Broker Joel Harworth in Firm Centaurus Financial, Inc.

April 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joel Harworth (Harworth), currently associated with Centaurus Financial, Inc., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Harworth 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 $60,000.00 on August 05, 2024.

In March 2019 and December 2019, the customers allege that the Registered Representative recommended unsuitable, high-risk, illiquid investments and breached his fiduciary duty.

Broker John Davis in Raymond James Financial Services, Inc. Firm Has Customer Complaint

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 06, 2024.

Respondent Davis failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Broker George Conner in Potomac Capital Markets, LLC Firm Has Customer Complaint

April 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on August 02, 2024.

On December 31, 2023, Respondents failed to renew its registration but continued to act as an investment adviser and investment adviser representative, collecting advisory management fees during the unregistered periods. Prior to December 31, 2023, around August 16, 2023, the TSSB conducted an inspection of Respondents’ business and also identified multiple books and records deficiencies. Following the inspection, this matter was referred to the TSSB’s Legal Division around January 2024 and the Legal Division made multiple attempts to get in contact with the Respondents. As a result of being unable to contact the Respondents while the Respondents continued to act as an investment adviser and investment adviser representative while being unregistered, the TSSB filed a case with SOAH requesting relief that the Respondents cease and desist. At the hearing, Respondents failed to appear and the TSSB moved for a default dismissal deeming the factual allegations detailed in the notice of hearing are admitted, which was granted on July 17, 2024.\<char_lb_r>\, \<char_lb_r>\, Pursuant to \\u00a7155.501(d)(1) of the SOAH Rules of Procedure, the matters set forth and alleged by Counsel in the Notice are deemed admitted as true with respect to the Respondents. Pursuant to \\u00a7155.501(d)(1) of the SOAH Rules of Procedure and Section 4007.102 of the Texas Securities Act, the relief requested in the Notice with respect to the Respondents is granted. \<char_lb_r>\, \<char_lb_r>\, It is therefore ORDERED that the Conner Management Group, LLC and George Mathis Conner CEASE AND DESIST from acting as an investment adviser and investment adviser representative, respectively, in the State of Texas without first satisfying the registration requirements of the Texas Securities Act and Board\<char_lb_r>\, Rules.