Reg BI

There are Recent Customer Complaints with Broker Masood Azad in Firm First Allied Securities, INC.

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Masood Azad (Azad), previously associated with First Allied Securities, INC., has at least 5 disclosable events. These events include 5 customer complaints, alleging that Azad 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 $500,000.00 on August 05, 2021.

Claimants allege their registered representative recommended an unapproved outside securities transaction, misrepresentation, negligent supervision, and breach of contract.

Broker Vincent Villani in PHX Financial, INC. Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Vincent Villani (Villani), currently associated with PHX Financial, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Villani 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 $300,000.00 on July 30, 2021.

Suitability

Broker Robert Paolini in LPL Financial LLC Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Paolini (Paolini), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Paolini 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 July 29, 2021.

Claimant alleges the representative recommended an investment that was unsuitable.

Broker Robert Nevarez in Cambridge Investment Research, INC. Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Nevarez (Nevarez), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Nevarez 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 $65,000.00 on July 30, 2021.

Suitability

There are Recent Customer Complaints with Broker John Cervantes in Firm Prospera Financial Services, INC.

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Cervantes (Cervantes), currently associated with Prospera Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cervantes 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 $100,000.00 on July 29, 2021.

Customer alleges breach of fiduciary duty, contract, and negligence, as well as overall negligence and misrepresentation in the liquidation transactions of her CSX and FB positions since coming to Prospera in Dec 2019 after she alleges she explicitly told the Reps not to touch these positions. She is asking for $100k plus interest and legal fees.

There are Recent Customer Complaints with Broker Daniel Levine in Firm First Financial Equity Corporation

January 29, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 30, 2021.

Claimant alleges, FA solicited outside investment opportunities not authorized by firm – January 2015 to July 2018

There are Recent Customer Complaints with Broker Scott Brown in Firm Arkadios Capital

January 29, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Brown (Brown), currently associated with Arkadios Capital, has at least one disclosable event. These events include one customer complaint, alleging that Brown 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 July 30, 2021.

Customer alleges variable annuities purchased in 2014 were unsuitable and excessive fees were incurred.

Broker Henry Cormier in Ameriprise Financial Services, LLC Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 04, 2021.

The client alleged equity security sell trades in December 2020 were executed without her authorization.

Broker Thomas Octigan in Morgan Stanley Firm Has Customer Complaint

January 29, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on July 30, 2021.

Claimant alleged failure to supervise with respect to Financial Advisor’s management of accounts – May 2017 to July 2018.

Broker Nicholas Wolanyk in Osaic Wealth, INC. Firm Has Customer Complaint

January 28, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nicholas Wolanyk (Wolanyk), previously associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Wolanyk 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 $850,000.00 on August 06, 2021.

CLAIMANTS ALLEGE MISPRESENTATION AND INSUFFICIENT INFORMATION IN RECOMMENDATION OF PRODUCT in or about 2019.