Securities Lawyers Blog

Broker Howard Kavinsky in Supreme Alliance LLC Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Howard Kavinsky (Kavinsky), previously associated with Supreme Alliance LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Kavinsky 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 $200,000.00 on September 12, 2025.

Alleges Rep created fraudulent account statements, churned client’s account, and mismanaged funds

Broker Matthew Stratman in Western International Securities, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 05, 2025.

Recommendation of unsuitable investment in GWG L bond in August 2019.

Broker Michael Magruder in Raymond James & Associates, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Magruder (Magruder), previously associated with Raymond James & Associates, INC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Magruder recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on September 22, 2025.

Respondent Magruder failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Broker Anita Lester in Berthel, Fisher & Company Financial Services, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anita Lester (Lester), previously associated with Berthel, Fisher & Company Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Lester 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 $200,000.00 on September 18, 2025.

Claimants allege that two of the non-traded investment programs they invested in 2014 were not suitable and were misrepresented to them and failed to disclose the true risk characteristics of the investments. The claimants also state that after the representative left Berthel Fisher in 2018 that they remained in contact with the representative and were continually advised that their investments were fine and not to worry.

There are Recent Customer Complaints with Broker Christopher Bradley in Firm MML Investors Services, LLC

October 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 10, 2025.

The complainant alleges that the rep advised her to transfer her assets to his firm in 2024 but didn’t disclose the significant capital gains that she would experience when doing this, or the effect this transaction would have on other financial decisions that she made that year, and resulted in a large tax bill

Broker Darryl Goldstein in Westpark Capital, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Darryl Goldstein (Goldstein), previously associated with Westpark Capital, INC., has at least one disclosable event. These events include one customer complaint, alleging that Goldstein 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 $25,000.00 on September 06, 2025.

Customer alleges that in or about December 2022 the representative recommended and processed a $25,000 NYIAX 12% convertible note and made assurances that an IPO was imminent; customer alleges non-payment of principal and interest and seeks repayment.

Broker Gregory Cunningham in Raymond James Financial Services, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Cunningham (Cunningham), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cunningham 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 $150,000.00 on September 11, 2025.

Relative of FA’s spouse alleges FA breached a fiduciary duty by liquidating some of her investments to fund a loan she made to the FA.

There are Recent Customer Complaints with Broker Joseph Jackson in Firm Capital Investment Group, INC.

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Jackson (Jackson), currently associated with Capital Investment Group, INC., has at least one disclosable event. These events include one customer complaint, alleging that Jackson 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 $159,000.00 on September 15, 2025.

Clients invested in GWG Holdings L-Bonds and two annuity products. GWG Holdings, Inc. filed Chapter 11 bankruptcy on April 20, 2022. The Statement of Claim alleges breach of fiduciary duty, negligence & Regulation Best Interest.

There are Recent Customer Complaints with Broker Enrique Lopez in Firm Arkadios Capital

October 7, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on September 09, 2025.

Customer alleges that in October 2014 , representative recommended an investment in an income fund that was unsuitable for the customer's investment profile and risk tolerance.

Broker Daniel Lerner in David Lerner Associates, INC. Firm Has Customer Complaint

October 7, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Lerner (Lerner), currently associated with David Lerner Associates, INC., has at least 3 disclosable events. These events include 3 customer complaints, alleging that Lerner 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 $192,000.00 on September 08, 2025.

July 17, 2018 the date of the first purchase of Energy 12 to September 8, 2025 the date the SOC was received.