Securities Lawyers Blog

There are Recent Customer Complaints with Broker Fredrick Randhahn in Firm Sigma Financial Corporation

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint on March 26, 2021.

The Division alleged Respondent violated Sections 61-1-1(2) and (3) of the Utah Uniform Securities Act (Act), Section 61-1-3(1), Section 61-1-7 and 61-1-16 of the Act.

Broker Joseph Michaletz in Dai Securities, LLC Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

Currently financial advisor Joseph Michaletz (Michaletz), currently employed by brokerage firm Dai Securities, LLC has been subject to at least 3 disclosable events. These events include 3 customer complaints. 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 $2,550,000.00 on March 24, 2021.

Claimants allege unsuitable recommendation and overconcentration of private placements.

Broker Gregory Ley in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gregory Ley (Ley), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Ley recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on March 26, 2021.

The customer alleges unsuitable investment recommendations from December 2018 until February 2021.

Broker Gerald Randisi in Commonwealth Financial Network Firm Has Customer Complaint

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gerald Randisi (Randisi), previously associated with Commonwealth Financial Network, has at least one disclosable event. These events include one customer complaint, alleging that Randisi 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 $142,000.00 on March 22, 2021.

Customer alleges sales of Franklin Square Investment Corp. and C shares mutual funds were unsuitable.

There are Recent Customer Complaints with Broker Carl Donatello in Firm UBS Financial Services INC.

February 25, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 26, 2021.

Time Frame: August 21, 2017 to March 26, 2021\, \, The client alleges his Financial Advisors failed to disclose the fees on the account. The alleged damages are estimated to be in excess of $5,000.00

There are Recent Customer Complaints with Broker Thomas Arvanites in Firm Janney Montgomery Scott LLC

February 25, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Arvanites (Arvanites), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Arvanites 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 $15,000.00 on March 22, 2021.

Client alleges that the Financial Advisor failed to follow the Client’s instructions to enter an order for the sale of an equity position as a stop limit order.

Broker Joseph Connors in Edward Jones Firm Has Customer Complaint

February 24, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 31, 2021.

Client alleges financial advisor placed unauthorized mutual fund trades that settled on December 13, 2019.

Broker Enric Sifa in Cetera Investment Services LLC Firm Has Customer Complaint

February 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Enric Sifa (Sifa), currently associated with Cetera Investment Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sifa 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 $16,000.00 on April 02, 2021.

Customer alleges that she was misled into purchasing a variable universal life insurance policy in June 2018 and requests a return of the premiums she paid.

Broker Murray Kinlaw in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

February 24, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Murray Kinlaw (Kinlaw), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Kinlaw 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 $2,212.21 on March 31, 2021.

The customer alleges that the financial advisor purposely accrued attorney fees and provided poor advice regarding the liquidation of a concentrated equity position.

Broker Michael Weister in Thrivent Investment Management INC. Firm Has Customer Complaint

February 24, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on March 30, 2021.

Client alleges the account activity from January 24, 2017 through August 2017 was not suitable.