Securities Lawyers Blog

There are Recent Customer Complaints with Broker Ryan Lurie in Firm UBS Financial Services INC.

February 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Lurie (Lurie), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Lurie 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 $60,000.00 on May 13, 2021.

Claimant alleges respondent recommended unsuitable investments, misrepresented or omitted material information, and failed to supervise the advisor during the time period July 2018-September 2020.

There are Recent Customer Complaints with Broker Kyle Bruns in Firm Sa Stone Wealth Management INC.

February 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kyle Bruns (Bruns), previously associated with Sa Stone Wealth Management INC., has at least one disclosable event. These events include one customer complaint, alleging that Bruns 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 May 14, 2021.

Customer alleged that a reallocation into a managed account portfolio was done without her authorization

There are Recent Customer Complaints with Broker Charles Gore Ii in Firm LPL Financial LLC

February 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Gore Ii (Gore Ii), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Gore Ii 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 $18,000.00 on May 11, 2021.

Claimants allege that in 2014 representative recommended they invest in a Real Estate Investment Trust (‘REIT’) that was unsuitable for the their risk tolerance and also failed to advise the claimant about the REIT’s risks and commissions.

There are Recent Customer Complaints with Broker Fred Krepps in Firm D.a. Davidson & CO.

February 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 13, 2021.

Client was disappointed she was provided inaccurate information related to charitable gifting from her annuity. 9/8/2020 – 05/13/2021.

Broker John Howell in PFS Investments INC. Firm Has Customer Complaint

February 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 13, 2021.

In October 2025, the Firm learned of an order dated May 13, 2021 from a civil case wherein it was found that the Representative violated Utah and Federal securities laws by selling unregistered securities without being licensed, and the Representative was ordered to disgorge the commissions received for such sales. The Representative did not disclosed the order to the Firm, nor did he disclose this activity to the Firm. Upon learning of the Order, the Firm terminated the Representative.

There are Recent Customer Complaints with Broker Robert Douglass in Firm Arkadios Capital

February 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Douglass (Douglass), currently associated with Arkadios Capital, has at least one disclosable event. These events include one customer complaint, alleging that Douglass 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 $900,000.00 on May 14, 2021.

Claimant, through Power of Attorney, alleges the registered rep recommended an unsuitable investment. Activity dates 2008-2021.

Broker Mitchell Bowles in LPL Financial LLC Firm Has Customer Complaint

February 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 11, 2021.

Client verbally alleged failure to follow instructions with respect to termination the advisory agreement in account – February 2021 to April 2021.

There are Recent Customer Complaints with Broker Guilford Nergard in Firm San Blas Securities LLC

February 17, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Guilford Nergard (Nergard), previously associated with San Blas Securities LLC, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Nergard 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 $37,011.47 on May 12, 2021.

Client alleged poor performance due to the management of accounts. Alleged activity dates 06/04/2013-11/06/2020

There are Recent Customer Complaints with Broker Mark Elafros in Firm Charles Schwab & Co., INC.

February 17, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 10, 2021.

Unsuitable Investments

There are Recent Customer Complaints with Broker Forrest Ross in Firm LPL Financial LLC

February 17, 2026 | by Staff Attorney

Previously financial advisor Forrest Ross (Ross), previously employed by brokerage firm LPL Financial 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 $44,000.00 on May 12, 2021.

Products under DDPs include non-traded REITs, oil and gas offerings, equipment leasing investments, and a range of other alternative financial instruments. These alternative investments rarely generate profits for investors and are generally unsuitable due to their excessive fees and costly structure. By offering brokers extra commissions, firms incentivize the sale of poor-quality investments, ultimately leading to a manipulated market driven by artificial demand.