Reg BI

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

June 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Frankos (Frankos), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Frankos 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 $10,953,568.00 on February 25, 2026.

Customer alleges unsuitable investment recommendation and exercise of discretion in investment accounts. Activity dates April 2021 – March 2023.

There are Recent Customer Complaints with Broker Michael Graham in Firm LPL Financial LLC

June 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Graham (Graham), previously associated with LPL Financial LLC, has at least 4 disclosable events. These events include 4 customer complaints, alleging that Graham 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 $150,000.00 on February 23, 2026.

Client alleges the advisor misrepresented guaranteed principal and returns on a secured loan related to a real estate deal in February of 2023.

There are Recent Customer Complaints with Broker Scott Scheuren in Firm Abacus Investments, INC.

June 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 25, 2026.

Client asked for a check to be delivered to bank account. Representative entered it into the system and forgot to hit the submit key. Client asking for proof of 2 separate checks and stated the representative did not process the checks when they actually were presented. Claim of mismanagement of account despite multiple withdrawals. Complaint was sent from FINRA on 02/25/2026.

Broker Gregory Berg in LPL Financial LLC Firm Has Customer Complaint

June 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Berg (Berg), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Berg 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 $143,000.00 on February 23, 2026.

Client alleges omission of material facts concerning a variable annuity purchased in February 2007.

Broker Charles Chan in Cetera Wealth Services, LLC Firm Has Customer Complaint

June 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Chan (Chan), currently associated with Cetera Wealth Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chan 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 $108,000.00 on February 23, 2026.

Claimants allege unsuitable recommendations and excessive concentration risk.

There are Recent Customer Complaints with Broker Wesley Steed in Firm Wells Fargo Clearing Services, LLC

June 5, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on February 24, 2026.

Client verbally complained that the Financial Advisor did not follow instructions given for the purchase of securities. (10/1/2025 – 2/24/2026)

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

June 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Vercellino (Vercellino), currently associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Vercellino 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 $10,953,568.00 on February 25, 2026.

Customer alleges unsuitable investment recommendation and exercise of discretion in investment accounts. Activity dates April 2021 – March 2023.

Broker Christ Mavrakos in LPL Financial LLC Firm Has Customer Complaint

June 5, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christ Mavrakos (Mavrakos), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mavrakos 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 $250,000.00 on February 26, 2026.

Claimants allege their advisor did not make them aware of short positions between 2022 and 2026, and it resulted in financial loss.

There are Recent Customer Complaints with Broker Andrew Andreotta in Firm LPL Financial LLC

June 4, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 26, 2026.

The customers submitted a notarized affidavit of forgery alleging that their signatures on a wire request form dated November 21, 2025 were forged and that they did not authorize the associated transfer of funds. The customers further allege that additional account documentation was reused or included in connection with other transactions without their knowledge and that related fund transfers were effected without their authorization.

There are Recent Customer Complaints with Broker John Griep in Firm UBS Financial Services INC.

June 4, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 26, 2026.

Time Frame: June 17th, 2025 to July 23rd, 2025\, \, What were the allegations against the individual? The client alleges that his Financial Advisor failed to follow his instructions by moving money from his traditional IRA to cover a townhouse purchase, instead of from his Roth IRA. The client further alleges, by failing to follow his instructions, this caused him tax implications, which he wants resolved.