Reg BI

Broker T Jackson in Morgan Stanley Firm Has Customer Complaint

May 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 22, 2020.

Client alleges that he did not authorize the establishment of a managed account or for trading to begin 2020 damages unspecified

There are Recent Customer Complaints with Broker Robert Lapetina in Firm Nationwide Planning Associates INC.

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Lapetina (Lapetina), currently associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Lapetina 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 $40,000.00 on May 21, 2020.

Time Frame: January 2, 2001 to December 28, 2012 What were the allegations against the individual? The client’s\<char_lb_r>\, attorney alleges the investments were unsuitable as they were illiquid and highly leveraged funds. The client’s attorney\<char_lb_r>\, further alleges the strategy was inappropriate and highly concentrated. The client’s attorney further alleges the client was misled to safety of the recommended investment. The attorney finally alleges adding further risk the firm provided a margin loan secured by the volatile fund assets in a brokerage account.

There are Recent Customer Complaints with Broker Brian Allen in Firm Raymond James Financial Services, INC.

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Allen (Allen), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Allen 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 $64,900.00 on May 19, 2020.

Time Frame: February 03, 2020 to April 09, 2020\<char_lb_r>\, The client alleges his shares were not sold as instructed.

Broker Jeffrey Burton in Wells Fargo Advisors Financial Network, LLC Firm Has Customer Complaint

May 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 24, 2020.

Client complained that the financial advisor did not place trades as instructed, resulting in lost opportunity to take advantage of the subsequent market downturn. (2/19/2020-4/6/2020)

Broker Christopher Beutel in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

May 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 19, 2020.

Client verbally complained that the financial advisor previously told him the income rider would grow until the client began taking withdrawals, however, the financial advisor since advised it stopped growing on the recent 10-year benefit anniversary. (5/21/2009)

Broker Maryanne Bessler in LPL Financial LLC Firm Has Customer Complaint

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Maryanne Bessler (Bessler), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bessler 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 $158,086.56 on May 19, 2020.

Claimant alleges respondent recommended that her late husband invest in certain alterntaive investments and variable annuities which were unsuitable for his investment profile. Claimant alleges that lpl failed to adequately supervise its registered representative who recommended the investments, thereby causing her and her family monetary damages. Activity period – July 2014 to May 2020.

There are Recent Customer Complaints with Broker Cynthia Nagel in Firm LPL Financial LLC

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cynthia Nagel (Nagel), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nagel 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 26, 2020.

Client alleges that there were delays in processing his 1035 variable annuity exchange which caused him to incur market losses. Alleged activity dates: 1/29/20-5/26/20

There are Recent Customer Complaints with Broker Marcello Lattuca in Firm Nbc Securities, INC.

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marcello Lattuca (Lattuca), currently associated with Nbc Securities, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Lattuca recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 20, 2020.

CLAIMANTS ALLEGE UNSUITABLE RECOMMENDATIONS, FRAUDULENT MISREPRESENTATION, CHURNING, BREACH OF CONTRACT, NEGLIGENT SUPERVISION, AND BREACH OF FIDUCIARY DUTY. \<char_lb_r>\, EXACT DATE OF EVENTS IS NOT KNOWN BUT IS FROM PRIOR TO THE RR’S CURRENT EMPLOYMENT DATE AND CONTINUED THROUGH MARCH 2020.

Broker Jerry Korchak in Kestra Investment Services, LLC Firm Has Customer Complaint

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerry Korchak (Korchak), currently associated with Kestra Investment Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Korchak 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 $7,790,689.00 on May 21, 2020.

Client alleged breached of fiduciary duty and related claims associated with services to a retirement fund.

There are Recent Customer Complaints with Broker William Dowell in Firm Cetera Wealth Services, LLC

May 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Dowell (Dowell), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Dowell 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 $19,114.00 on May 20, 2020.

In the financial industry advisors must meet the requirements of the SEC’s Regulation Best Interest (Reg BI) in providing investment advice and services. Reg BI established a ‘best interest’ standard for brokerage firms and registered representatives. This Reg BI standard of care applies to registered representatives making recommendations to customers in the purchase, sale, or exchange of securities or the implementation of investment strategies involving securities and non-securities. The rule also applies to the handling of opening accounts such as account transfers and types of accounts being recommended to be opened. This standard applies when brokers make recommendations to retail customer for any securities transaction or investment strategy involving securities, including recommendations of types of accounts.