Reg BI

There are Recent Customer Complaints with Broker Michael Heck in Firm Equitable Advisors, LLC

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Heck (Heck), previously associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Heck 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 $5,000.00 on January 03, 2025.

Client alleges RR made an unsuitable recommendation, failed to disclose fees, and made misrepresentations in connection with a variable annuity purchased in 2020.

There are Recent Customer Complaints with Broker John Schlagheck in Firm Cape Securities Inc.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Schlagheck (Schlagheck), previously associated with Cape Securities Inc., has at least 7 disclosable events. These events include 6 customer complaints, one regulatory, alleging that Schlagheck recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on January 06, 2025.

Respondent Schlagheck failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

There are Recent Customer Complaints with Broker William Revoir in Firm Corecap Investments, Inc.

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Revoir (Revoir), previously associated with Corecap Investments, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Revoir 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 $220,000.00 on January 06, 2025.

The claimant alleges funds were withdrawn by the former Conservator of the account without a required court approval. The claimant states the custodian of fu\, permitted the former Conservator to make unauthorized withdrawals. The claimant acknowledges the custodian of funds was noti ed of the court restrictions. \, claimant alleges joint liability against Revoir. The claimant seeks compensation for the allegedly wrongfully withdrawn funds, including lost gains or interest, as w\, attorney fees and recovery of costs. This disclosure is not an admission or nding of any wrongdoing by or guilt of Revoir.

Broker Francis Schiavetti in A.G.P. / Alliance Global Partners Firm Has Customer Complaint

February 17, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francis Schiavetti (Schiavetti), currently associated with A.G.P. / Alliance Global Partners, has at least one disclosable event. These events include one customer complaint, alleging that Schiavetti 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 January 06, 2025.

Accounts were maintained 2018-2023. Client alleges breach of fiduciary duty, negligence, fraud and violations of various securities laws and rules.

Broker Cecilia Dicristofalo in LPL Enterprise, LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cecilia Dicristofalo (Dicristofalo), currently associated with LPL Enterprise, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Dicristofalo 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 $5,061.56 on January 06, 2025.

Customer purchased a Flexguard variable annuity in May 2022. In October 2024, the customer expected to lock in a certain value but received a different locked in value.

Broker Lester Hamrick in MML Investors Services, LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lester Hamrick (Hamrick), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hamrick 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 $100,000.01 on January 07, 2025.

The complainants allege that in/or around February 2021, they began investing with their registered representative, and communicated that they wanted preservation of assets, conservative investments, with only moderate risks, but due to an unsuitable investment strategy, involving high risk unsuitable securities, and a costly whole life insurance strategy, they have lost a significant amount of their life savings. The complainants also allege the Firm failed to supervise the registered representative.

Broker Francesco Traina in Raymond James Financial Services, Inc. Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Francesco Traina (Traina), currently associated with Raymond James Financial Services, Inc., has at least one disclosable event. These events include one customer complaint, alleging that Traina 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 $20,000,000.00 on January 13, 2025.

Plaintiff alleges in 2015, the FA opened an unauthorized account under the Plaintiff’s company name

Broker Boruch Gutter in Equitable Advisors, LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Boruch Gutter (Gutter), currently associated with Equitable Advisors, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gutter 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 $5,000.00 on January 12, 2025.

Client alleges RR Gutter made misrepresentations in connection with a VUL policy purchased in 2021 which was unsuitable for their financial needs.

Broker Stephen Rogers in LPL Financial LLC Firm Has Customer Complaint

February 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on January 13, 2025.

Customer alleges that an investment made in 2015 was unsuitable for the customer’s investment objectives and risk tolerance.

There are Recent Customer Complaints with Broker Mitchell Walk in Firm Kestra Investment Services, LLC

February 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mitchell Walk (Walk), currently associated with Kestra Investment Services, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Walk recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on January 10, 2025.

Claimants allege an unsuitable recommendation for the purchase of a security.