Reg BI

There are Recent Customer Complaints with Broker Scott Thole in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Thole (Thole), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Thole 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, 2024.

Customer alleges misrepresentation in January 2024

There are Recent Customer Complaints with Broker Richard Funk in Firm Raymond James & Associates, INC.

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Funk (Funk), previously associated with Raymond James & Associates, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Funk 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 May 15, 2024.

The situation involves a breach of trust in a currency trading program that promised to use trailing stop losses on all trades, as stated in their documentation and marketing materials. However, the trading algorithm was overridden, and the stop loss on one stock was moved, allowing losses to accumulate. When the trade was eventually closed, it resulted in a significant financial loss.

Broker Jose Mendez Perez in UBS Financial Services INC. Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 15, 2024.

Time frame: Unspecified.\, Allegations: Claimant alleges the investments in Puerto Rico closed-end funds were unsuitable, over-concentrated, and misrepresented as safe investments.

There are Recent Customer Complaints with Broker Jaime Rullan in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 15, 2024.

The client alleges unsuitable investment strategy and misrepresentations.

There are Recent Customer Complaints with Broker Reed Smith in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 21, 2024.

The client alleges misrepresentations, including on his monthly brokerage statements, regarding inter-account transfers and trading from 2007-2021.

Broker Peter Abeles in Sequence Financial Specialists LLC Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 17, 2024.

Respondent Sequence and its agents, including the Individual Respondents, represented themselves to the Claimants as an expert in investing as well as tax and retirement planning. Respondent touted the benefits of conservation easement investments as a reliable tax saving strategy. Claimants were assured that the conservation easement investments offered the best of both worlds.

Broker James Moriarity in Morgan Stanley Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 21, 2024.

Claim alleges, inter alia, that the short hedge investment strategy he utilized while his account was at Morgan Stanley was not in his best interests. 1998-2004

There are Recent Customer Complaints with Broker Marco Azizi in Firm Centaurus Financial, INC.

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marco Azizi (Azizi), currently associated with Centaurus Financial, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Azizi 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, 2024.

The customer alleges that the Registered Representative recommended an unsuitable, high-risk, illiquid investment and breached his fiduciary duty. No specific dates for the alleged activity were identified in the Statement of Claim.

Broker James Stossel in LPL Financial LLC Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Stossel (Stossel), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Stossel 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 $11,000.00 on May 17, 2024.

The client alleges the advisor delayed following instructions to reduce risk in a Model Wealth Portfolio account, resulting in damages totaling $11,000.\, Failure to follow instruction. 03-18-2024 to 05-02-2024

Broker William King in Exemplar Capital, LLC Firm Has Customer Complaint

May 3, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on May 17, 2024.

Respondent Sequence and its agents, including the Individual Respondents, represented themselves to the Claimants as an expert in investing as well as tax and retirement planning. Respondent touted the benefits of conservation easement investments as a reliable tax saving strategy. Claimants were assured that the conservation easement investments offered the best of both worlds.