Securities Lawyers Blog

There are Recent Customer Complaints with Broker Martin Walcoe in Firm David Lerner Associates, INC.

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Martin Walcoe (Walcoe), currently associated with David Lerner Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Walcoe 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 January 04, 2021.

Unsuitability, misrepresentation/omission, breach of fiduciary duty \\u00e2? “E11, E12, SOAEX

There are Recent Customer Complaints with Broker John Wyshak in Firm Raymond James & Associates, INC.

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Wyshak (Wyshak), previously associated with Raymond James & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Wyshak 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 $1,583,810.00 on December 29, 2020.

Claimant’s allegations include unsuitable investments from July 2010 to October 2014.

Broker Donna Howell in Cetera Advisors LLC Firm Has Customer Complaint

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Donna Howell (Howell), previously associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Howell 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 $117,000.00 on December 30, 2020.

Claimant alleges the recommended investments were misrepresented, unsuitable, and over-concentrated.

Broker Kevin Butler in Morgan Stanley Firm Has Customer Complaint

April 18, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $1,590,295.00 on December 31, 2020.

Claimant alleges, inter alia, failure to follow instructions with respect to option investment – Feb, 2020

Broker Wayne Smith in Cetera Advisors LLC Firm Has Customer Complaint

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wayne Smith (Smith), currently associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Smith 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 $25,000.00 on December 30, 2020.

Claimants allege that their registered representative misrepresented and recommended unsuitable investments.

There are Recent Customer Complaints with Broker Kevin Taylor in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Taylor (Taylor), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Taylor 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 $5,173,597.57 on December 30, 2020.

The Claimant alleges an unsuitable investment strategy when a line of credit was opened and inappropriately leveraged against annuities in December of 2018. Claimant also alleges that she did not authorize the opening of the line of credit, as well as multiple wire transfers initiated by her then husband between 2017 and 2019. Additionally, Claimant alleges that her signature was forged by her former husband on opening documents for a loan management account.

There are Recent Customer Complaints with Broker Lawrence Vassar in Firm Securities America, INC.

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lawrence Vassar (Vassar), previously associated with Securities America, INC., has at least one disclosable event. These events include one customer complaint, alleging that Vassar 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 $115,000.00 on December 29, 2020.

Boilerplate allegations include misrepresentation, negligence, unsuitability and breach of fiduciary duty from October 2015 through December 2020

Broker Norman Heyman in Sagepoint Financial, INC. Firm Has Customer Complaint

April 18, 2026 | by Staff Attorney

Previously financial advisor Norman Heyman (Heyman), previously employed by brokerage firm Sagepoint Financial, INC. 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 settled customer complaint with a damage request of $80,000.00 on December 30, 2020.

Customer alleges a recommendation of a BDC investment was not suitable.

There are Recent Customer Complaints with Broker Robert Ross in Firm Nylife Securities LLC

April 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Ross (Ross), previously associated with Nylife Securities 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 settled customer complaint on December 30, 2020.

Customer alleges he purchased a Variable Universal Life Insurance policy in December 2015 with the understanding that he would be covered for life without additional funding and there would be a guaranteed payout to his beneficiaries.

Broker Ariel Morales Reyes in UBS Financial Services INC. Firm Has Customer Complaint

April 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ariel Morales Reyes (Morales Reyes), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Morales Reyes 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 $22,400.00 on January 08, 2021.

Time Frame: December 23, 2020 – January 4, 2021 \<char_lb_r>\, The client alleges his instructions to liquidate his security was not followed