Securities Lawyers Blog

Broker John Murphy in MML Investors Services, LLC Firm Has Customer Complaint

March 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Murphy (Murphy), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Murphy 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 28, 2020.

The customer alleged that the representative made unsuitable investment recommendations and misrepresented and omitted material information regarding the investment risk and commissions charged; beginning in and around November of 2014.

There are Recent Customer Complaints with Broker Wesley Clark in Firm Enverra Capital LLC

March 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wesley Clark (Clark), currently associated with Enverra Capital LLC, has at least one disclosable event. These events include one customer complaint, alleging that Clark 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 October 29, 2020.

Plaintiff alleged fraud committed by Domaine Hospitality in obtaining a loan. General Clark was co-head of Domaine Hospitality, and it was alleged that he had failed to supervise.

There are Recent Customer Complaints with Broker Fred Chasalow in Firm Concorde Investment Services, LLC

March 23, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 27, 2020.

Complaint is alleging misrepresentation and suitability relating to REIT investment made in 2012.

There are Recent Customer Complaints with Broker Galen Kopman in Firm Centaurus Financial, INC.

March 23, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 30, 2020.

During the period 2014 through September 2016, the customer alleges that the Registered Representative invested his accounts in unsuitable, high-risk and illiquid investments.

There are Recent Customer Complaints with Broker Brian Bausman in Firm Ameriprise Financial Services, LLC

March 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Bausman (Bausman), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bausman 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 $8,260.42 on October 30, 2020.

Claimants allege that from October 2015 to November 2018, Respondents recommended and placed Claimants in a monthly fee-based managed account that was not suitable for Claimants; and failed to recommend and place Claimants in commission-based brokerage account. Claimants seek $8,260.42 in management and investment advisory fees.

There are Recent Customer Complaints with Broker James Malaussena in Firm Berthel, Fisher & Company Financial Services, INC.

March 23, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 29, 2020.

In October 2020 through a series of emails the client made a complaint and alleged that she was not informed about the costs of her investments she made from 2000-2020 in mutual funds, annuities, and CDs. She allege she was misled about the returns she received after the fees she incurred. In addition, the client questioned whether she incurred more in taxes as a result of the investment she selected. In January 2022, the client filed an arbitration which alleged an unsuitable investment strategy, misrepresentation of the investments, forgery of the client's signature on some of the paperwork, and that the firm failed to adequately supervise the representative.

There are Recent Customer Complaints with Broker John Petraglia in Firm Securities America, INC.

March 23, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on October 30, 2020.

The claimant alleges violation of FINRA Rule 2110 and 2111, Negligence, Misrepresentation and omissions of material facts and breach of fiduciary duty.

There are Recent Customer Complaints with Broker Ryan Haag in Firm Private Client Services, LLC

March 23, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 02, 2020.

Claimants allege that the registered representative recommended inappropriate investments and strategies that caused damage to the claimant’s estate.

Broker David Monckton in Ameriprise Financial Services, LLC Firm Has Customer Complaint

March 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Monckton (Monckton), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Monckton 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 $17,500.00 on October 28, 2020.

Claimants allege investments sold to them beginning in 2013 were unsuitable and too risky based on their desire to avoid long term, illiquid investments.

Broker Leonard Mcabee in National Securities Corporation Firm Has Customer Complaint

March 23, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leonard Mcabee (Mcabee), previously associated with National Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Mcabee 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 $1,315,000.00 on October 30, 2020.

Suitability