Reg BI

Broker Shane Vandalen in Nylife Securities LLC Firm Has Customer Complaint

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shane Vandalen (Vandalen), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Vandalen 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 $40,085.58 on August 10, 2022.

Customers allege that on or about February 3, 2022, a mutual fund transaction was completed without their knowledge resulting in a loss of $46,085.58.

Broker Roderick Carr in Nylife Securities LLC Firm Has Customer Complaint

November 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 13, 2022.

Customer alleges the two separate annuity policies he purchased in May 2022 were issued as variable annuity policies, however he had originally understood these to be issued as fixed rate policies with a specific interest rate.

There are Recent Customer Complaints with Broker Damian Bell in Firm International Assets Advisory, LLC

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Damian Bell (Bell), previously associated with International Assets Advisory, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bell 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 August 11, 2022.

UNSUITABLE AND MISLEADING INVESTMENT REPRESENTATIONS, OMISSION OF MATERIAL FACTS, UNSUITABLE DUE DILIGENCE

Broker Michael Pineda in Lifemark Securities Corp. Firm Has Customer Complaint

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Pineda (Pineda), currently associated with Lifemark Securities Corp., has at least one disclosable event. These events include one customer complaint, alleging that Pineda 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 $75,000.00 on August 15, 2022.

Mr. Pineda is not a party to the arbitration. Allegations pertain to an investment in an alternative product, intended to be a small component of a larger diversified portfolio. Unfortunately, the company that issued the investment has since filed Chapter 11 bankruptcy. As a result, the client is now alleging breach of fiduciary duty, negligence, negligent supervision, fraud, breach of contract, violation of sections 10(b) and 20(a) of the Securities and Exchange Act, Rule 10b-5 of the Securities and Exchange Commission and violation of the Colorado Uniform Securities Act.

Broker Craig Kapp in Fidelity Brokerage Services LLC Firm Has Customer Complaint

November 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 08, 2022.

The client alleges that the registered representative was not acting in her best interest in December 2021 when he surrendered her investment accounts, creating a tax liability.

There are Recent Customer Complaints with Broker David Barnes in Firm UBS Financial Services INC.

November 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $3,400,000.00 on August 09, 2022.

Barnes was a subject of the customer’s complaint against his member firm that asserted the following causes of action: breach of fiduciary duty, negligence, negligent supervision, breach of account agreements, and violations of the FINRA Code of Conduct, directly and indirectly in breach of contracts to follow the FINRA Code of Conduct.

There are Recent Customer Complaints with Broker David Mcdonnell in Firm Tcfg Wealth Management, LLC

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Mcdonnell (Mcdonnell), previously associated with Tcfg Wealth Management, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Mcdonnell 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 August 09, 2022.

Mr. McDonnell and the [REDACTED] entered into a real estate agreement outside of the firm. The [REDACTED] allegedly invested in real estate in the UK with Mr. McDonnell’s mother, prior to becoming a client of TCFG.

There are Recent Customer Complaints with Broker James Stephan in Firm Wedbush Securities INC.

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Stephan (Stephan), currently associated with Wedbush Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Stephan 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 $874,000.00 on August 11, 2022.

Claimants’ allegations include Unsuitable Investment Recommendations, Breach of Fiduciary Duty and Negligent Misrepresentation on the part of James Stephan during the timeframe of June 2018 through March 2022.

There are Recent Customer Complaints with Broker Gary Mathews in Firm LPL Financial LLC

November 9, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Mathews (Mathews), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mathews 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 $17,279.44 on August 11, 2022.

Customer alleges misrepresentation with regard to the sale of a contingent interest note on January 26, 2021 by now deceased representative

There are Recent Customer Complaints with Broker Kelly Straub in Firm Purshe Kaplan Sterling Investments

November 9, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 15, 2022.

Customer alleges misrepresentation of a variable annuity issued 11/8/2007