Securities Lawyers Blog

There are Recent Customer Complaints with Broker Jam Manauchehri in Firm Equitable Advisors, LLC

February 19, 2026 | by Staff Attorney

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

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

Claimant alleges that he did not authorize the margin positions that were taken in his investment account.

Broker Dawn Strachan in Osaic Wealth, INC. Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

Currently financial advisor Dawn Strachan (Strachan), currently employed by brokerage firm Osaic Wealth, 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 $999,999.00 on April 29, 2021.

Clients allege 2015 Private Placement and Real Estate Investment Trusts (REITs) purchases were unsuitable.

Broker Stephen Taylor in Msec, LLC Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stephen Taylor (Taylor), currently associated with Msec, LLC, 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 $150,000.00 on April 26, 2021.

Claimant alleges misrepresentation associated with the sale of alternative investments in 2012.

Broker Michael Destefano in Fmsbonds, INC. Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Destefano (Destefano), currently associated with Fmsbonds, INC., has at least one disclosable event. These events include one customer complaint, alleging that Destefano 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 $1,225,000.00 on April 30, 2021.

A third-party, beneficiary of a deceased former client of the firm’s has alleged that the trust of the former client was overconcentrated with with various unsuitable Puerto Rico municipal bonds causing losses to incurred by the trust.

Broker Antonio Almeida in Worden Capital Management LLC Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Antonio Almeida (Almeida), previously associated with Worden Capital Management LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Almeida 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 $106,882.07 on April 26, 2021.

Time frame: December 2012 – November 2020. Claimant(s) allege unsuitable investment recommendations.

Broker Chadwick Carrick in the Jeffrey Matthews Financial Group, L.l.c. Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Chadwick Carrick (Carrick), currently associated with the Jeffrey Matthews Financial Group, L.l.c., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Carrick concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a settled customer complaint on April 29, 2021.

Plaintiffs allege negligence, failure to supervise, excessive trading, churning, and breach of fiduciary duty

There are Recent Customer Complaints with Broker James Horst in Firm Osaic Wealth, INC.

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Horst (Horst), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Horst 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 $50,000.00 on April 28, 2021.

The Claimant alleges that the registered representative recommended an investment that was unsuitable.

Broker Brian Grumbach in Hightower Securities, LLC Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

Previously financial advisor Brian Grumbach (Grumbach), previously employed by brokerage firm Hightower 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 settled customer complaint with a damage request of $250,000.00 on April 27, 2021.

Brian Grumbach is the subject of a FINRA arbitration alleging certain sales practice violations, including a violation of suitability obligations, in connection with a private placement investment made on or around March 2017, currently required to be disclosed pursuant to FINRA guidance.

There are Recent Customer Complaints with Broker Sean Kiltau in Firm Wells Fargo Clearing Services, LLC

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Kiltau (Kiltau), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kiltau 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 $99,000.00 on April 30, 2021.

Claimants allege that, during an unspecified time range, their Financial Advisor made unsuitable recommendations to them.

Broker Frank Giancola in Traderfield Securities INC. Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Frank Giancola (Giancola), previously associated with Traderfield Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Giancola 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 $19,510.00 on April 30, 2021.

Clinet clains that he was charged to much commission two years after he confirmed trades