Securities Lawyers Blog

Broker David Anderson in Tiaa-cref Individual & Institutional Services, LLC Firm Has Customer Complaint

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Anderson (Anderson), previously associated with Tiaa-cref Individual & Institutional Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Anderson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on October 11, 2020.

In the Complaint, the client alleges that TIAA representatives made false representations prior to the signing of the annuity application dated December 26, 2015. The client further alleges that TIAA substituted terms into the annuity documents which materially varied from the representations that the representatives made to the client, were not agreed upon by the parties and seeks compensatory damages in excess of $300,000.00.

Broker William Matthews in Charles Schwab & Co., INC. Firm Has Customer Complaint

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Matthews (Matthews), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Matthews 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 $22,751.00 on October 14, 2020.

Client alleges the representative did not follow instructions provided on August 4, 2020 to cancel the 2020 Required Minimum Distribution which resulted in an additional $22,751 tax obligation.

There are Recent Customer Complaints with Broker Oscar Mesorana Colon in Firm Popular Securities, LLC

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Oscar Mesorana Colon (Mesorana Colon), currently associated with Popular Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mesorana Colon 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 $75,000.00 on October 13, 2020.

Claimant alleges that Financial Consultant’s investment recommendations to hold P.R. Securities were unsuitable in light of the clients’ risk profile causing loses estimated at over $75,000.00.

There are Recent Customer Complaints with Broker Todd Warner in Firm LPL Financial LLC

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Todd Warner (Warner), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Warner 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 $65,000.00 on October 13, 2020.

The customer alleged that the representative misrepresented the speculative nature of an alternative investment and made the unsuitable recommendation in pursuit of higher commissions.

Broker Stephen Brown in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Brown (Brown), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Brown 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 $100,000.00 on October 13, 2020.

The customer alleges that in November 2013, the registered associate failed to obtain the proper form to withdraw funds from the intended Individual Retirement Account. Instead, the withdrawal came from of an annuity that was not to be drawn upon until a certain age in order to receive a guaranteed rate.

There are Recent Customer Complaints with Broker Luis Fernandez Diaz in Firm Popular Securities, LLC

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Luis Fernandez Diaz (Fernandez Diaz), previously associated with Popular Securities, LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Fernandez Diaz 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 $45,000.00 on October 13, 2020.

Claimant alleges that Financial Consultant’s investment recommendations to purchase and to hold P.R. Securities were unsuitable in light of the clients’ risk profile causing loses estimated at over $45,000.00.

Broker Don Henry in Tiaa-cref Individual & Institutional Services, LLC Firm Has Customer Complaint

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Don Henry (Henry), previously associated with Tiaa-cref Individual & Institutional Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Henry recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on October 11, 2020.

In the Complaint, the client alleges that TIAA representatives made false representations prior to the signing of the annuity application dated December 26, 2015. The client further alleges that TIAA substituted terms into the annuity documents which materially varied from the representations that the representatives made to the client, were not agreed upon by the parties and seeks compensatory damages in excess of $300,000.00.

Broker John Daughtridge in Raymond James & Associates, INC. Firm Has Customer Complaint

March 26, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 12, 2020.

Claimant alleges, inter alia, unauthorized trading with respect to investments – Jul, 2012- Apr, 2020

Broker Thomas Morgan in Morgan Stanley Firm Has Customer Complaint

March 26, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 13, 2020.

Client alleged that several investments were purchased without his knowledge- March 2020.

There are Recent Customer Complaints with Broker Robert Ford in Firm Maxim Group LLC

March 26, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Ford (Ford), currently associated with Maxim Group LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ford 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 $8,432.34 on October 14, 2020.

Client alleges that, from September 2020 to October 2020, the RR did not follow instructions to liquidate the client’s entire portfolio in a timely manner. The Firm disagrees with the client’s allegations; however, in order to avoid costly use of Firm resources, the Firm entered into a settlement.