Securities Lawyers Blog

Broker Marna Hart in Independent Financial Group, LLC Firm Has Customer Complaint

September 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marna Hart (Hart), previously associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hart 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 February 06, 2023.

Allege investment was not suitable. See #24 below for additional information.

Broker Joseph Kocsis in Great Point Capital LLC Firm Has Customer Complaint

September 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Kocsis (Kocsis), currently associated with Great Point Capital LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Kocsis 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 $250,000.00 on February 08, 2023.

The investments at issue were replacement property as part of a Section 1031 Exchange. Claimants allege they were not suitable for the investment, and that there was not a reasonable basis for the investment recommendation. Claimants allege omissions and misstatements if fact. They also allege misrepresentation, breach of contract and other claims. Occurrences were in 2019 and 2020. Although not named in this claim Mr. Kocsis is alleged to have involved in the occurrences.

There are Recent Customer Complaints with Broker Brian Bates in Firm LPL Financial LLC

September 21, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Brian Bates (Bates), currently employed by LPL Financial LLC has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Bates’s most recent customer complaint alleges that Bates recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $500,000.00 on February 13, 2023.

Claimants allege that their representative recommended unsuitable structured notes for their account. Activity period: November 2021 to September 2023.

Broker Kevin Hendrickson in N.i.s. Financial Services, INC. Firm Has Customer Complaint

September 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Hendrickson (Hendrickson), previously associated with N.i.s. Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hendrickson 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 $5,182.07 on February 09, 2023.

The client submitted complaint on February 9, 2023, alleging that Registered Representative told the clients on November 08, 2021 that there would be no fees charged if they invested $250,000.00 or more into their mutual fund account, so the client set up a new account with $250,000 LOI and sent in purchase of $240,000.00 and was charged 2.5% sales charge. This sales charge was in prospectus. Please see more detail in Complaint filing id 6582425.

There are Recent Customer Complaints with Broker Juvenal Gaspar in Firm PFS Investments INC.

September 21, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Juvenal Gaspar (Gaspar), currently associated with PFS Investments INC., has at least one disclosable event. These events include one customer complaint, alleging that Gaspar 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 $63,000.00 on February 12, 2023.

On February 12, 2023, the firm received an oral complaint from pfsi client [redacted] alleging that registered representative juvenal gaspar misrepresented the investment and it was not suitable for her investment objectives.

Broker Hui Chen in Upmarket Securities LLC Firm Has Customer Complaint

September 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Hui Chen (Chen), currently associated with Upmarket Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Chen 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 $300,000.00 on February 15, 2023.

Fraud and misrepresentation

There are Recent Customer Complaints with Broker Jason Wright in Firm Osaic Wealth, INC.

September 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jason Wright (Wright), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Wright 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 $10,316.37 on February 17, 2023.

Client alleges that purchases of mutual funds were unauthorized and unsuitable.

There are Recent Customer Complaints with Broker John Landers in Firm Key Investment Services LLC

September 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Landers (Landers), currently associated with Key Investment Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Landers 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 $30,000.00 on February 17, 2023.

Claimant alleges that respondent recommended unsuitable investments

Broker Charles Zheng in Wells Fargo Clearing Services, LLC Firm Has Customer Complaint

September 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Zheng (Zheng), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Zheng 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 $49,999.00 on February 17, 2023.

Arbitration: During an unspecified time period, Claimants allege their Financial Advisor (FA) placed them in unsuitable investments by failing to explain the risks involved thereby causing losses in their account.\, Complaint: Clients alleged that their Financial Advisor recommended unsuitable investments, borrowed money from them, and repaid the loan without paying interest. (9/4/2019-3/24/2020)

There are Recent Customer Complaints with Broker Anthony Alvarez in Firm Bankers Life Securities, INC.

September 20, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Alvarez (Alvarez), currently associated with Bankers Life Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Alvarez 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 $9,100.00 on February 17, 2023.

In a written complaint received by the Firm on February 17, 2023, addressed to a financial representative of the Firm, client alleged that he was not aware that he purchased a Guaranteed Lifetime Income Annuity (GLIA) in October 2021 from Bankers Life and Casualty Company (BLC), an affiliated insurance company. Client alleged he believed the assets used to purchase the annuity were being held in cash. Client requested to cancel the policy and a return of his funds. While the annuity sold to the client was not a security and was issued by BLC, the Firm is reporting this complaint because the source of funding for the annuity came from the sale of securities recommended by a financial representative of the Firm.