Reg BI

Broker Lori Farley in J.P. Morgan Securities LLC Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lori Farley (Farley), previously associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Farley 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 $25,000.00 on January 24, 2024.

Plaintiff alleges the registered representative solicited her investment in crypto currency options through a third party, resulting in loss of principal, and misrepresented material facts related to the transaction.

Broker Andrew Sinsigalli in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Andrew Sinsigalli (Sinsigalli), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Sinsigalli recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on January 25, 2024.

Client alleges representative made unsuitable investments from 2/24/2021-11/25/2023.

Broker Bryan Chew in Commonwealth Financial Network Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Bryan Chew (Chew), currently associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Chew 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 $18,077.42 on January 26, 2024.

Brokers are required to adhere to the SEC’s Regulation Best Interest (Reg BI) standard of care under the Securities Exchange Act of 1934 which establishes a ‘best interest’ standard for broker-dealers and associated persons. Reg BI applies when brokers recommend a retail investor engage in securities transaction or an investment strategy involving one or more securities. Reg BI also applies to financial advice concerning the transfer of funds and opening of accounts. Reg BI is drawn from fiduciary principles that include an obligation to act in the retail investor’s best interest and the broker is prohibited from placing their own interests ahead of the investor’s interest.

There are Recent Customer Complaints with Broker Peter Kalmus in Firm IBN Financial Services, INC.

June 6, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 31, 2024.

Claimants state state unsuitable recommendation and inadequate due diligence of offerings presented by GPB Capital Holdings, LLC.

There are Recent Customer Complaints with Broker Joel Freedman in Firm Sanctuary Securities, INC.

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joel Freedman (Freedman), currently associated with Sanctuary Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Freedman 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 $1,431,587.00 on January 24, 2024.

Client alleges, inter alia, that there were trades executed in his account that were unauthorized 2023-2024

There are Recent Customer Complaints with Broker Burton Bartlett in Firm Landolt Securities, INC.

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Burton Bartlett (Bartlett), previously associated with Landolt Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bartlett 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 $50,000.00 on January 30, 2024.

Almost 2 years following GWG Holdings Inc. filing for Chapter 11 bankruptcy protection, the customer is now alleging that their L bond purchase from December 2021 was unsuitable.

Broker Thomas Branchini in LPL Enterprise, LLC Firm Has Customer Complaint

June 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Branchini (Branchini), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Branchini 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 $175,000.00 on January 26, 2024.

The client alleges negligence as she requested the rep make the four children contingent beneficiaries, not primary beneficiaries. She also alleges the rep continued to inform her that she was the beneficiary of the policy after the change was recorded.

There are Recent Customer Complaints with Broker Brian Maners in Firm Osaic Institutions, INC.

June 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Maners (Maners), currently associated with Osaic Institutions, INC., has at least one disclosable event. These events include one customer complaint, alleging that Maners 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 $12,000.00 on February 05, 2024.

Client alleges a rep error on paperwork caused a delay in transferring assets which subjected his accounts to market losses.

There are Recent Customer Complaints with Broker Ricardo Uliambre in Firm UBS Financial Services INC.

June 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ricardo Uliambre (Uliambre), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Uliambre 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 $25,000.00 on February 05, 2024.

Time Frame: March 4th, 2019 to January 23rd, 2020\, \, What were the allegations against the individual? The client alleges that she loaned her Financial Advisor $25,000.00 four years ago and she has not recovered her money.

Broker Daniel Fusco in LPL Financial LLC Firm Has Customer Complaint

June 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Fusco (Fusco), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fusco 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 February 02, 2024.

Executrix of estate alleges, inter alia, failure to supervise with respect to the margin balance maintained in the deceased client’s account after he passed away and the estate was being settled 2016-2023 .