Securities Lawyers Blog

Broker Julie Jones in Oppenheimer & CO. INC. Firm Has Customer Complaint

October 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Julie Jones (Jones), previously associated with Oppenheimer & CO. INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Jones 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 $580,000.00 on January 18, 2023.

Claimants allege John Woods, James Woods, Michael Mooney, Iris Israel and Julie Jones conducted a Ponzi Scheme. From 2013-2021.

Broker Alyssa Thornton in Edward Jones Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 24, 2023.

The client alleges the financial advisor opened an incorrect account type for an IRA inherited from her husband and that the financial advisor did not discuss tax consequences for taking an early distribution.

There are Recent Customer Complaints with Broker Klay Nichol in Firm Galaxy Digital Partners LLC

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Klay Nichol (Nichol), previously associated with Galaxy Digital Partners LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nichol 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 $3,991,791.00 on April 13, 2023.

In April 2023, the [REDACTED] commenced an arbitration against Galaxy Digital Partners LLC (“GDP”). In their statement of claim, the [REDACTED] allege that Mr. Nichol recommended investments that were unsuitable for the [REDACTED] given their investment objectives and respective ages. The [REDACTED] allege that Mr. Nichol made these purported recommendations between July 2021 and April 2022. Mr. Nichol is not a party to the arbitration. GDP settled this dispute with the [REDACTED] on or about February 21, 2024, with no party admitting or acknowledging any fault or liability. As part of this settlement, the [REDACTED] terminated the arbitration with prejudice, and released all claims that they have, had or May have against GDP and its affiliates, including Mr. Nichol.

Broker Walter Collins in Nylife Securities LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Walter Collins (Collins), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Collins 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 $12,488.88 on April 18, 2023.

The customer alleged RR Collins advised him he would receive a yield of 4.78% or approximately $23,000 on a $500k par T-bill purchase made in or around March 2023. After the purchase, the RR realized he inadvertently provided incorrect information to the customer about the estimated dollar amount of the returns.

Broker Kenan Bell in MML Investors Services, LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 17, 2023.

The complainant alleges that, beginning in August 2020, the rep provided her with investment advice related to stock sales and her retirement accounts, which he wasn’t qualified to do, and which caused her to lose money.

Broker Cynthia Anderson in LPL Financial LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cynthia Anderson (Anderson), currently associated with LPL Financial 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 with a damage request of $20,947.18 on March 23, 2023.

Prior to being securities registered, Ms. Anderson held an insurance license. During this time, she sold a fixed annuity to a client. The daughter of the client verbally complained that she felt the client was taken advantage of. She stated that her father did not have enough money to invest that much into an annuity. However, the information provided showed that he had sufficient funds for this purchase. However, the daughter later stated that she had put extra money into the client’s account so that he would qualify for a home loan. Ms. Anderson was not made aware of this. Based on the information provided, the trade was suitable.

There are Recent Customer Complaints with Broker Peter Arnold in Firm Edward Jones

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Arnold (Arnold), previously associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Arnold 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 $5,222.48 on January 24, 2023.

The client alleges an unauthorized withdrawal was made from his Prudential Premier Retirement Annuity on 9/28/2021 which resulted in his monthly income payment being reduced. Additionally, client alleges his payment option was changed from monthly to annually without his authorization.

Broker Michelle Perres in Aegis Capital Corp. Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 23, 2023.

Time frame: 2018 – 2020. Claimant alleges unsuitable investments, breach of contract.

Broker Jesse Thomas in Equitable Advisors, LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 18, 2023.

Client alleges RR misrepresented variable annuity contracts sold in 2023 and the RR fraudulently signed her name on a client form.

There are Recent Customer Complaints with Broker Evan Hershey in Firm Caldwell Sutter Capital, INC.

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Evan Hershey (Hershey), currently associated with Caldwell Sutter Capital, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hershey 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 $426,706.00 on April 17, 2023.

Claimant alleges representative failed to terminate defined benefit plans.