Selling Away

There are Recent Customer Complaints with Broker Christian De berardinis in Firm Morgan Stanley

March 18, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Christian De berardinis (De berardinis) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that De berardinis was employed by Morgan Stanley at the time of the activity. If you have been a victim of De berardinis’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on September 19, 2024.

Without admitting or denying the findings, De Berardinis consented to the sanctions and to the entry of findings that he participated in private offerings of securities that raised $2.45 million from customers of his member firm without providing prior written notice to or receiving approval from his firm. The findings stated that De Berardinis introduced the firm customers to the CEO of a dairy company and recommended that they invest in the company. De Berardinis also facilitated the customers’ investments by providing them with information about the investment. In some cases, De Berardinis assisted customers with paperwork and, at his customers’ requests, transferred funds from the customers’ firm accounts to the company to fund their investments. De Berardinis received $22,500 from the company in referral fees. De Berardinis also falsely responded to questions about whether he had participated in private securities transactions on annual firm compliance questionnaires.

There are Recent Customer Complaints with Broker Brian Davis in Firm Principal Securities, Inc.

March 14, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Brian Davis (Davis) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Davis was employed by Principal Securities, Inc. at the time of the activity. If you have been a victim of Davis’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $75,000.00 on October 07, 2024.

The Plaintiffs allege Breach of Contract, Unjust Enrichment, Actual and Constructive Fraud, and ConstructiveTrust when the defendants breached the terms of the promissory notes by failing and/or refusing to pay thePlaintiffs the loan proceeds when due.

Broker Ryan Davis in Principal Securities, Inc. Firm Has Customer Complaint

March 14, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Ryan Davis (Davis) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Davis was employed by Principal Securities, Inc. at the time of the activity. If you have been a victim of Davis’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $75,000.00 on October 07, 2024.

The Plaintiffs allege Breach of Contract, Unjust Enrichment, Actual and Constructive Fraud, and Constructive Trust when the defendants breached the terms of the promissory notes by failing and/or refusing to pay the Plaintiffs the loan proceeds when due.

Broker Jeffrey Arsenault in J. Alden Associates, Inc. Firm Has Customer Complaint

March 12, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Jeffrey Arsenault (Arsenault) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Arsenault was employed by J. Alden Associates, Inc. at the time of the activity. If you have been a victim of Arsenault’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint on October 11, 2024.

Please refer to SEC Case 3:24-cv-01633\, \, Misappropriation of client assets in the amount of $4,100,000.

There are Recent Customer Complaints with Broker Unbo Chung in Firm Arete Wealth Management, LLC

March 8, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Unbo Chung (Chung) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Chung was employed by Arete Wealth Management, LLC at the time of the activity. If you have been a victim of Chung’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $100,000.00 on December 02, 2024.

Client alleges unsuitable investment recommendation.

Broker Justin Funakura in Farmers Financial Solutions, LLC Firm Has Customer Complaint

March 4, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Justin Funakura (Funakura) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Funakura was employed by Farmers Financial Solutions, LLC at the time of the activity. If you have been a victim of Funakura’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on February 20, 2025.

Without admitting or denying the findings, Funakura consented to the sanctions and to the entry of findings that he participated in private securities transactions by soliciting investors to invest a total of $120,000 in promissory notes issued by a company claiming to operate crypto asset mining and investment programs without prior written notice to, or approval from, his member firm. The findings stated that one of the investors was a customer of the firm. Funakura’s involvement in the investments included introducing investors to the investment opportunity, providing information regarding the funds offered by the company to investors, and facilitating their transactions. Funakura received $4,000 as a commission for soliciting these investments. The company later defaulted on the notes. Subsequently, the State of Illinois Secretary of State, Securities Department initiated proceedings against the company and ultimately issued a Final Order of Prohibition, finding, among other things, that the company and related individuals committed fraud in the offer and sale of securities. In addition, on annual compliance questionnaires, Funakura falsely answered ‘no’ to questions asking whether he had engaged in private securities transactions or received compensation for transactions outside of the firm.

Broker Hamish Grason in UBS Financial Services Inc. Firm Has Customer Complaint

March 1, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Hamish Grason (Grason) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Grason was employed by UBS Financial Services Inc. at the time of the activity. If you have been a victim of Grason’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint on October 30, 2024.

Time Frame: October 28th 2024, What were the allegations against the individual? The client alleges misappropriation of funds.

Broker Mitchell Rock in Ameriprise Financial Services, LLC Firm Has Customer Complaint

February 28, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Mitchell Rock (Rock) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Rock was employed by Ameriprise Financial Services, LLC at the time of the activity. If you have been a victim of Rock’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $2,000,000.00 on October 31, 2024.

Claimant alleges that Respondent Rock participated in a private securities transaction without providing written notice to his firm about his role in the sale of shares of Facebank to Claimant on behalf of John Textor, the issuer.

There are Recent Customer Complaints with Broker Jordan Allen in Firm Fidelity Brokerage Services LLC

February 27, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Jordan Allen (Allen) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Allen was employed by Fidelity Brokerage Services LLC at the time of the activity. If you have been a victim of Allen’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on November 08, 2024.

Without admitting or denying the findings, Allen consented to the sanctions and to the entry of findings that he participated in private securities transactions by placing trades in a customer’s account held at another member firm, without providing notice to his member firm. The findings stated that Allen and the customer had a personal relationship, and the customer provided Allen with his log-in credentials to make transactions in the outside account. In total, Allen executed 1,507 trades in the account, including options transactions, totaling $726,585 in gross value. Allen did not receive compensation for the transactions. When the trading came to his firm’s attention, Allen initially misled the firm and stated that he had only been conducting paper trades in the account.

There are Recent Customer Complaints with Broker Rudy Mejia in Firm Estrada Hinojosa & Company, Inc.

February 27, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Rudy Mejia (Mejia) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Mejia was employed by Estrada Hinojosa & Company, Inc. at the time of the activity. If you have been a victim of Mejia’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a final customer complaint on November 11, 2024.

Without admitting or denying the findings, Mejia consented to the sanctions and to the entry of findings that he participated in private securities transactions without prior written notice to his member firm. The findings stated that Mejia co-founded a pooled investment fund with an options trading strategy as well a management company to serve as the fund’s general partner. Mejia purchased $100,000 of the fund’s limited partnership interests, which were securities. In addition, seven other investors purchased a total of $738,000 of the fund’s limited partnership interests. The investors were friends or family of Mejia or of the fund’s other co-founder and none were customers of his firm. Mejia’s firm did not provide approval for his investment or his participation in the private securities transactions. The findings also stated that Mejia opened outside brokerage accounts that he did not disclose to his firm. The investment fund and its general partner that Mejia founded each opened a brokerage account at a other than Mejia’s firm. Mejia controlled, and had a beneficial interest in, those two accounts. Mejia executed 304 transactions in the accounts while registered through his firm without its prior written consent and without notifying the executing firm of his association with a member firm.