Reg BI

Broker Ashish Chowdhry in MML Investors Services, LLC Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ashish Chowdhry (Chowdhry), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chowdhry 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 $1,000,000.00 on October 02, 2024.

The Plaintiffs allege that, beginning in 2022, the producer acted in concert with the Firm to induce the Plaintiffs into purchasing life insurance policies with death benefits exceeding seventeen million dollars by making misrepresentations regarding the risks and benefits of these policies and the associated premium financing. It is further alleged that this included the opening of an investment portfolio account to serve as collateral for the premium financing, and resulted in financial harm to the Plaintiffs.

Broker John Sommo in UBS Financial Services Inc. Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on October 02, 2024.

Time frame: TBD\, \, Allegations: Claimants allege that the FA recommended unsuitable and speculative investments, including master limited partnerships in energy sector, when claimants were conservative investors.

Broker Shaun Orcinolo in Morgan Stanley Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shaun Orcinolo (Orcinolo), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Orcinolo 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 $2,000,000.00 on October 03, 2024.

Claimant alleges, inter alia, that the Annuities Purchased for her were not in her Best Interests – 2014 to 2024

Broker Brendan Kelly in Ifp Securities, LLC Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brendan Kelly (Kelly), currently associated with Ifp Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Kelly 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 $450,000.00 on October 02, 2024.

Customer alleges that between 2013 and 2018, representative recommended unsuitable investments in high risk and illiquid convertible notes and business development companies.

Broker Ricki Silverman in Morgan Stanley Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ricki Silverman (Silverman), previously associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Silverman 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 $2,000,000.00 on October 03, 2024.

Claimant alleges, inter alia, that the Annuities Purchased for her were not in her Best Interests – 2014 to 2022

Broker Peter Johns in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Johns (Johns), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Johns 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 $27,049.00 on October 03, 2024.

The client alleges failure to consider suitability

Broker Conrad Corcoran in Centaurus Financial, Inc. Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on October 01, 2024.

The customer alleges that during the period 2012 through 2020, the Registered Representative failed to supervise and breached his fiduciary duty.

Broker William Sandeman in Wedbush Securities Inc. Firm Has Customer Complaint

March 15, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Sandeman (Sandeman), previously associated with Wedbush Securities Inc., has at least one disclosable event. These events include one customer complaint, alleging that Sandeman 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 $350,000.00 on October 01, 2024.

Losses in the ETF and ETN holdings.

Broker Robert Spitler in Newbridge Securities Corporation Firm Has Customer Complaint

March 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Spitler (Spitler), currently associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Spitler 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 $150,000.00 on October 04, 2024.

Suitability, breach of fiduciary duty/breach of covenants of good faith and fair dealing, unauthorized trading, churning, and failure to supervise.

There are Recent Customer Complaints with Broker Wendy Turk in Firm LPL Financial LLC

March 14, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wendy Turk (Turk), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Turk 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 $18,841.17 on October 06, 2024.

Phishing attack compromised adviser’s email and enabled a fraudster to impersonate advisor and persuade client to direct funds to the fraudster’s account instead of to the adviser.