Reg BI

There are Recent Customer Complaints with Broker Robert Hiss in Firm Ifp Securities, LLC

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Hiss (Hiss), currently associated with Ifp Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Hiss 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 $209,591.11 on July 26, 2024.

Client alleges Mr. Hiss improperly recommended that claimant invest in a high-risk, high commission illiquid alternative investment, namely GWG Holdings, Inc., L Bonds . Hiss, falsely represented, among other things, that GWG was a safe investment backed by life insurance policies.

Broker Donald Heaney in Ameriprise Financial Services, LLC Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donald Heaney (Heaney), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Heaney 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 $7,000.00 on July 25, 2024.

The client alleged his advisor placed trades without his authorization in October of 2022.

Broker Francis Burke in M Holdings Securities, INC. Firm Has Customer Complaint

April 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francis Burke (Burke), currently associated with M Holdings Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Burke 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 $98,364.14 on July 25, 2024.

A representative at the firm supervised by Francis Burke provided incorrect illustrations to the clients at the time of sale in September 2023 resulting in distributions that were lower than intended. The error was discovered by the firm and disclosed to the client and it was handled through errors and omissions insurance and the clients were made whole. The resulting release agreement named Francis Burke as allegedly providing incorrect illustrations despite having no contact with the clients and not being listed on the policies.

There are Recent Customer Complaints with Broker Edward Ricker in Firm MML Investors Services, LLC

April 20, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on August 23, 2024.

CLIENT VERBALLY ALLEGED THAT HE DID NOT AUTHORIZE THE WITHDRAWAL OF FUNDS FROM HIS PREFERRED SAVINGS INVESTMENT AND HE WANTED TO BE CREDITED FOR MISSED INTEREST. February 2024 – June 2024.

There are Recent Customer Complaints with Broker Janete Rivera Michel in Firm PFS Investments INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Janete Rivera Michel (Rivera Michel), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Rivera Michel 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 $1,900,000.00 on August 23, 2024.

Claimant alleges that the investment recommendation made in 2015 was unsuitable because it underperformed the market and seeks well managed portfolio damages.

There are Recent Customer Complaints with Broker Thaddaeus Allen in Firm Smith, Moore & CO.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thaddaeus Allen (Allen), currently associated with Smith, Moore & CO., has at least one disclosable event. These events include one customer complaint, alleging that Allen 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 $172,000.00 on August 22, 2024.

Client alleges funds were removed from his account to purchase gold to a third party.

There are Recent Customer Complaints with Broker Timothy Cleveland in Firm Lasalle St Securities, L.l.c.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Cleveland (Cleveland), currently associated with Lasalle St Securities, L.l.c., has at least one disclosable event. These events include one customer complaint, alleging that Cleveland 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 August 23, 2024.

The customer alleged the financial advisor, Mr. Cleveland, took two unauthorized withdrawals totaling $25,000 from her account through margin and placed the funds in an office payroll account. At the time the withdrawals were made, the customer was a financial advisor and partner of Mr. Cleveland. She alleged that she had approved prior loans from her account to the office payroll account but did not approve the two journals at issue.

There are Recent Customer Complaints with Broker Brian Nelson in Firm Emerson Equity LLC

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Nelson (Nelson), currently associated with Emerson Equity LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Nelson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on August 24, 2024.

Unsuitable, breach of fiduciary duty, common law fraud, breach of contract

There are Recent Customer Complaints with Broker Mark Cohen in Firm Bcg Securities, INC.

April 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Cohen (Cohen), previously associated with Bcg Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cohen 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 $125,000.00 on August 09, 2024.

Customer alleges unsuitable sale of investment due to improper due diligence.

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

April 20, 2025 | by Staff Attorney

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

Customer alleges misrepresentation of managed account fees from 2018 to 2024