Securities Lawyers Blog

Broker Nathan Goad in J. Alden Associates, INC. Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Nathan Goad (Goad), currently associated with J. Alden Associates, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Goad 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 $500,000.00 on April 14, 2025.

Breach of Fiduciary duty, negligence, misrepresentation based upon the recommendation by the rep Nate Goad of Key City Capital and RAD Diversified placements which occurred between October 2022 and January 2023.

There are Recent Customer Complaints with Broker Joshua Mrozowski in Firm UBS Financial Services INC.

October 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 12, 2025.

April 22nd, 2025 to May 9th, 2025\, What were the allegations against the individual? The firm settled a matter where the client states that his stocks were not purchased as discussed.

There are Recent Customer Complaints with Broker Michael Bi in Firm Tpeg Securities, LLC

October 16, 2025 | by Staff Attorney

Previously financial advisor Michael Bi (Bi), previously employed by brokerage firm Tpeg Securities, LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $200,000.00 on April 10, 2025.

Alleged loss in connection with a non-firm approved private placement investment recommended by representative.

There are Recent Customer Complaints with Broker Maria Bruscianelli in Firm MML Investors Services, LLC

October 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on April 14, 2025.

The Customer alleges despite his instructions, beginning in December 2018, his retirement money was invested in aggressive funds causing him to lose money.

Broker Robert Stephens in PFS Investments INC. Firm Has Customer Complaint

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Stephens (Stephens), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Stephens 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 $21,345.00 on March 14, 2025.

Client alleged I failed to disclose the tax consequences of her Roth IRA conversion.

There are Recent Customer Complaints with Broker Kevin Ross in Firm Innovation Partners LLC

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Ross (Ross), currently associated with Innovation Partners LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ross 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 $500,000.00 on March 07, 2025.

Allegations of Breach of Contract, Suitability, Breach of Fiduciary Duty, Misrepresentation, and Negligence.

There are Recent Customer Complaints with Broker Richard Simonitis in Firm LPL Financial LLC

October 16, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 07, 2025.

Customer alleges advisor forged signature on account form

There are Recent Customer Complaints with Broker Arthur Mcpherson in Firm World Equity Group, INC.

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Arthur Mcpherson (Mcpherson), currently associated with World Equity Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mcpherson 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 $250,000.00 on June 02, 2025.

Claimants [REDACTED] suffered substantial investment losses as a result of a negligent market-timing strategy employed by Respondent McPherson, a registered representative of Respondent World Equity Group, Inc. (&amp;amp;quot;WEG&amp;amp;quot;). McPherson liquidated the [REDACTED]&amp;amp;#39; investment portfolio in March 2020 at the very bottom of the &amp;amp;quot;Covid crash&amp;amp;quot;, then bought back in to the market after the market had already rallied and recovered. If McPherson had simply maintained the portfolio, instead of trying to time the market, Claimants would be several hundred thousand dollars better off than they are today.\<char_lb_r>\, If he had simply maintained Claimants&amp;amp;#39; accounts as they were, instead of trying to time the market, Claimants would be several hundred thousand dollars better off than they are today. The charts on the following pages illustrate the impact that the flawed market-timing strategy had on Claimants&amp;amp;#39; wealth.\<char_lb_r>\, Initially the Claimant had filed the arbitration against both the Rep Arthur McPherson and the associated BD World Equity Group, Inc. Subsequently the claimant dismissed all claims against World Equity Group as the related Client/claimant is not a client of World Equity Group.\<char_lb_r>\, World Equity Group was dismissed from this arbitration on August 01, 2025

There are Recent Customer Complaints with Broker Rita Mansour in Firm Mcdonald Partners LLC

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rita Mansour (Mansour), currently associated with Mcdonald Partners LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mansour 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 $345,000.00 on May 14, 2025.

Client alleges that RR recommended unsuitable investments, made misrepresentations, and did not accurately disclose all material facts, in connection with the Claimant’s 2013 investment in a private offering of securities and 2020 investment in a high-yield debt instrument.

There are Recent Customer Complaints with Broker Lily Li in Firm Tigress Financial Partners, LLC

October 16, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lily Li (Li), currently associated with Tigress Financial Partners, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Li 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 $250,000.00 on April 17, 2025.

Client alleges investment is not suitable despite the Firm not soliciting this investment. Client invested from 7/2019 to 10/2019 from which she received many interest payments and benefits.