Reg BI

Broker Donald Dalton in Parkland Securities, LLC Firm Has Customer Complaint

May 28, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 11, 2024.

Customers allege that they did not authorize their financial professional to liquidate their accounts in September 2023 prior to their transfer by ACAT to another broker. When the accounts were liquidated, the customers were charged commissions and incurred substantial capital gain taxes. The customers demand reimbursement of commissions paid, capital gain taxes incurred, and professional fees expended.

There are Recent Customer Complaints with Broker Allan Proctor in Firm State Farm Vp Management Corp.

May 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Allan Proctor (Proctor), currently associated with State Farm Vp Management Corp., has at least one disclosable event. These events include one customer complaint, alleging that Proctor 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 $35,000.00 on March 12, 2024.

Customer took a loan from policy , which then lapsed. Customers spouse is now filing suit on his behalf for professional negligence.

There are Recent Customer Complaints with Broker Daniel Horowitz in Firm Wells Fargo Clearing Services, LLC

May 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Horowitz (Horowitz), currently associated with Wells Fargo Clearing Services, LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Horowitz 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 $2,039,031.29 on March 11, 2024.

Customer complained that financial advisor did not disclose risks of investments and that recommendations were unsuitable. (10/2021)

Broker Charles Wareham in Independent Financial Group, LLC Firm Has Customer Complaint

May 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Wareham (Wareham), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Wareham 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 $5,000.01 on March 12, 2024.

Allege that investments were not suitable and were not in line with their investment objectives.

Broker Adam Nieto in Sorrento Pacific Financial, LLC Firm Has Customer Complaint

May 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Adam Nieto (Nieto), currently associated with Sorrento Pacific Financial, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nieto 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 March 12, 2024.

Unsuitable Recommendation

There are Recent Customer Complaints with Broker Sanford Schmidt in Firm the Leaders Group, INC.

May 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sanford Schmidt (Schmidt), currently associated with the Leaders Group, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Schmidt 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 March 12, 2024.

Client invested in a 12% interest bearing note paying 1% per month in June 2021. In January 2023 client renewed the notes. In December 2023, CUMF company filed for bankruptcy, defaulted on payment.

Broker Jeffrey Scott in Geneos Wealth Management, INC. Firm Has Customer Complaint

May 28, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Scott (Scott), currently associated with Geneos Wealth Management, INC., has at least one disclosable event. These events include one customer complaint, alleging that Scott 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 $10,000.00 on March 11, 2024.

Client alleges that Representative made an unsuitable recommendation of two investments the client purchased at Next Financial.

There are Recent Customer Complaints with Broker Caleb Miranda in Firm Equitable Advisors, LLC

May 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Caleb Miranda (Miranda), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Miranda 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 $139.30 on March 13, 2024.

Client contacted the service center and alleged that EQH Advisor electronically signed her name to documents related to opening a TSA application without her knowledge, consent or authority.

Broker Candace Huston in Fidelity Brokerage Services LLC Firm Has Customer Complaint

May 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Candace Huston (Huston), currently associated with Fidelity Brokerage Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Huston 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 $49,950.00 on March 14, 2024.

Customer alleges receiving incorrect information prior to agreeing to a managed account solution.

There are Recent Customer Complaints with Broker Richard Salinas in Firm Avantax Investment Services, INC.

May 27, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Salinas (Salinas), currently associated with Avantax Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Salinas 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 March 13, 2024.

Customer questioned suitability of his market-linked CD purchase based upon maturity date of the instrument.