Securities Lawyers Blog

There are Recent Customer Complaints with Broker Michael Momper in Firm Osaic Wealth, INC.

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Momper (Momper), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Momper 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 May 03, 2021.

Clients allege suitability issues in alternative investment purchases

Broker Scott Krizner in LPL Financial LLC Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Krizner (Krizner), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Krizner 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 $33,204.60 on April 30, 2021.

Alleged loss of investment income, unnecessary taxes and penalties.

There are Recent Customer Complaints with Broker Daniel Holman in Firm Cambridge Investment Research, INC.

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Holman (Holman), previously associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Holman 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 $495,000.00 on April 29, 2021.

Clients allege misrepresentation of unsuitable products.

Broker Louis Rodriguez Nader in First Southern, LLC Firm Has Customer Complaint

February 19, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Louis Rodriguez Nader (Rodriguez Nader), currently associated with First Southern, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rodriguez Nader 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 $440,000.00 on April 28, 2021.

Client alleges over-concentration, unsuitability, breach of fiduciary duty, violations of securities laws and rules, breach of contract, negligence, fraud, false inducement to inaction, negligent supervision (Puerto Rico closed-end funds). Includes request for rescission, punitive damages, interest, costs, fees.

When “Democratizing” Access to Alternatives Becomes a Risk for Main Street Investors Featuring commentary by securities arbitration attorney Adam Gana

February 18, 2026 | by Staff Attorney

For many American retirees, the dream of a secure retirement is built on decades of prudent saving, workplace retirement accounts, and a belief that financial advice from licensed professionals will protect their nest egg. But a recent article in The Guardian highlights a troubling trend that may undermine that belief by expanding access to complex, high-risk financial products to everyday investors—without commensurate investor protections.

Read the full Guardian article here.

The report, titled “I feel like I’m in a financial prison”: Trump Wall Street plan puts ‘mom and pop’ investors at risk, examines how recent regulatory shifts and executive actions are opening the door for “mom and pop” investors to be sold alternative investments traditionally reserved for sophisticated, institutional buyers.

When Private Placements Collapse: What the Inspired Healthcare Capital Bankruptcy Means for Investors – Featuring commentary by securities arbitration attorney Adam Gana

February 18, 2026 | by Staff Attorney

Private placements and alternative investments sold through networks of broker-dealers often appear “stable” on account statements, sometimes persist for years without valuation changes, and can outperform in normal markets. But when economic conditions shift, rising costs and cash-flow stress can expose weaknesses that leave investors with large losses and few real options.

That dynamic is on display in the recent Chapter 11 filing by Inspired Healthcare Capital, a senior housing and assisted living developer that raised funds through a network of independent broker-dealers. The bankruptcy leaves investor noteholders and private placement purchasers on the hook and may spark litigation as investors look for ways to recover losses.

InvestmentNews covered the story here.

There are Recent Customer Complaints with Broker Jeffrey Rettman in Firm Stifel, Nicolaus & Company, Incorporated

February 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Rettman (Rettman), currently associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Rettman 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 $30,106.00 on May 10, 2021.

The client alleges the financial advisor did not inform him the liquidation of a 529 account would result in tax consequences.

There are Recent Customer Complaints with Broker Jette Ziesemer in Firm Securian Financial Services, INC.

February 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jette Ziesemer (Ziesemer), previously associated with Securian Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ziesemer 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 $7,043.82 on May 06, 2021.

Client alleged RR misrepresented policy at the time of sale in 11/2018. Client would like his coverage terminated and surrender charges waived.

Broker Kevin Kim in J.P. Morgan Securities LLC Firm Has Customer Complaint

February 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Kim (Kim), currently associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kim 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 $43,000.00 on May 07, 2021.

Client alleges poor recommendation/poor advice regarding the sale of managed account resulting in a tax liability. Activity Dates: 11/05/2020 through 11/05/2020.

There are Recent Customer Complaints with Broker Mark Haye in Firm Nylife Securities LLC

February 18, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Haye (Haye), previously associated with Nylife Securities LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Haye recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 06, 2021.

The policyowner alleges that when she transferred her $29,000 IRA in March of 2017 for the benefit of an account with an IPR rider (14 days prior to her 72nd birthday), the RR did not disclose that exercising the IPR would lock funds in until 15 years in the future to almost age 87. She also claims that the loss of money to transfer out of this policy was not disclosed and requests assistance to resolve this matter.