Securities Lawyers Blog

Broker Mariondy Fernandez in Santander Securities LLC Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mariondy Fernandez (Fernandez), previously associated with Santander Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fernandez 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 June 16, 2020.

Client’s allege over-concentration, unsuitability, breach of fiduciary duty, violations of securities laws and rules, breach of contract, negligence, fraud, false inducement to inaction, failure to supervise, breach of duty of good faith and fair dealing (Puerto Rico bonds, open-end funds, and closed-end funds). Includes request for rescission, punitive damages, interest, costs, fees.

Broker Kenneth Barroga in Crown Capital Securities, L.p. Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kenneth Barroga (Barroga), previously associated with Crown Capital Securities, L.p., has at least one disclosable event. These events include one customer complaint, alleging that Barroga 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 $180,000.00 on June 22, 2020.

The customer alleges lack of suitability, breach of fiduciary duty, misrepresentation and omissions of material facts and lack of due diligence in connection with transactions in alternative investment products.

Broker Steven Kenny in Hilltop Securities INC. Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 16, 2020.

Claimants allege that MLP investments made in their discretionary investment advisory accounts while at RBC Capital Markets were not suitable for their investment objectives. Upon transfer to BB&T Securities in 2016, the accounts maintained investments in question. The claimants have alleged failure to treat Claimants justly and equitably, negligent misrepresentation, omission and supervision, fraudulent misrepresentation and omission, breach of fiduciary duty, breach of contract, and violation of federal and state securities laws.

Broker Curtis Whipple in Kalos Capital, INC. Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 19, 2020.

Multi-claimant case, alleging unsuitability, misrepresentation, and lack of due diligence relative to UDF IV.

Broker Christopher Cueter in Ameriprise Financial Services, LLC Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Cueter (Cueter), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cueter 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 $6,921.00 on June 17, 2020.

Client alleges that she overpaid for her mutual fund investments by purchasing and holding Class C shares, from various purchase dates starting in October 2011, versus lower cost share alternatives.

There are Recent Customer Complaints with Broker Lazaro Fernandez Paredes in Firm Nationwide Planning Associates INC.

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lazaro Fernandez Paredes (Fernandez Paredes), previously associated with Nationwide Planning Associates INC., has at least one disclosable event. These events include one customer complaint, alleging that Fernandez Paredes 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 June 16, 2020.

Client’s allege over-concentration, unsuitability, breach of fiduciary duty, violations of securities laws and rules, breach of contract, negligence, fraud, false inducement to inaction, failure to supervise, breach of duty of good faith and fair dealing (Puerto Rico bonds, open-end funds, and closed-end funds). Includes request for rescission, punitive damages, interest, costs, fees.

There are Recent Customer Complaints with Broker Fabio Battaglia in Firm Osaic Wealth, INC.

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Fabio Battaglia (Battaglia), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Battaglia 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 $5,960.94 on June 19, 2020.

Customer alleges misrepresentation in the sale of an insurance product causing a taxable event.

Broker David Mcnally in Mcnally Financial Services Corporation Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Mcnally (Mcnally), currently associated with Mcnally Financial Services Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Mcnally 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 $366,773.00 on June 22, 2020.

Breach of fiduciary duty, negligent supervision, violation of Corporation Code Section 25400 et seq, Control liability under Corporation Code 25403, 25504, 25504.1, Elder abuse under CA Welfare and Institutional Code

Broker Leland Whiting in Hornor, Townsend & Kent, INC. Firm Has Customer Complaint

May 1, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leland Whiting (Whiting), previously associated with Hornor, Townsend & Kent, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Whiting 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 $257,509.00 on June 15, 2020.

INRA arbitration alleging that HTK registered representative Leland Blair Whiting sold unregistered securities issued by Future Income Payments, LLC. It claims ‘at least $257,509′ actual damages, benefit of the bargain damages, model portfolio damages, lost opportunity costs, unspecified punitive damages, interest, costs and attorneys’ fees. The causes of action are Violations of Federal Securities Laws (sale of unregistered securities and fraud); Violations of Utah Securities Act (sale of unregistered securities, unsuitability, misrepresentation, and omission of material fact); Violations of Idaho Securities Act (sale of unregistered securities, unsuitability, misrepresentation, and omission of material fact)Violation of the Idaho Consumer Protection Act; Breach of Contract; Common Law Fraud; Breach of Fiduciary Duty; Negligence and Gross Negligence.

There are Recent Customer Complaints with Broker Ioan Grigor in Firm Bankers Life Securities, INC.

April 30, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ioan Grigor (Grigor), currently associated with Bankers Life Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Grigor 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 $3,602.00 on June 22, 2020.

In a written complaint, dated June 18, 2020, addressed to Bankers Life and Casualty Company (BLC), an insurance company affiliate of the Firm and received by the Firm on June 22, 2020, complainants alleged that a Long Term Health Care (LTC) policy purchased from BLC in 2013 was changed without their knowledge or consent and the initials on the policy change were forged. In the same complaint, it was also alleged that a Jackson National Variable Annuity purchased through Bankers Life Securities, Inc. in August of 2019 was unsuitable and contrary to their investment objectives and risk tolerance. On June 24, 2020, the complainants sent a rescission letter stating that the financial representative did not mislead them as to their investments and they had no complaints related to their investments made with the financial representative. Although the Firm’s affiliated company, BLC found no affirmative finding of forgery and closed as they did not find the complaint was actionable, the decision was made to settle the LTC Policy claim with the client. The financial representative was not involved, nor had any say in the decision to settle the dispute. BLC acted on what it believed, to be in its best interest, to settle the dispute.