Securities Lawyers Blog

There are Recent Customer Complaints with Broker Stephen Sloane in Firm Westpark Capital, INC.

February 11, 2026 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Stephen Sloane (Sloane), previously associated with Westpark Capital, INC., has been subject to at least 2 disclosable events. These events include one customer complaint, one regulatory event. Several of those complaints against Sloane 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 July 01, 2021.

Client is alleging unsuitable recommendations and churning treasuries.

There are Recent Customer Complaints with Broker James Armstrong in Firm D.h. Hill Securities, Lllp

February 11, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Armstrong (Armstrong), previously associated with D.h. Hill Securities, Lllp, has at least one disclosable event. These events include one customer complaint, alleging that Armstrong 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 $175,000.00 on June 30, 2021.

Client alleges unsuitable recommendations and investment strategy, material misrepresentation, failure to supervise, and breach of contract for products sold to spouse between 2013 to 2015.

There are Recent Customer Complaints with Broker Jeffrey Senglaub in Firm Independent Financial Group, LLC

February 11, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Senglaub (Senglaub), currently associated with Independent Financial Group, LLC, has at least 3 disclosable events. These events include 3 customer complaints, alleging that Senglaub 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 $390,807.00 on June 28, 2021.

Claimant alleges the representative improperly concentrated his investment accounts with unsuitable alternative investments.

There are Recent Customer Complaints with Broker Richard Reynolds in Firm Northland Securities, INC.

February 11, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint on June 29, 2021.

Claimants are stating the Reits were unsuitable

Broker William Duffy in Innovation Partners LLC Firm Has Customer Complaint

February 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Duffy (Duffy), previously associated with Innovation Partners LLC, has at least one disclosable event. These events include one customer complaint, alleging that Duffy 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 $25,000.00 on August 04, 2025.

Suitability

Broker Jeffrey Arbeit in Farmers Financial Solutions, LLC Firm Has Customer Complaint

February 10, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Jeffrey Arbeit (Arbeit) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Arbeit was employed by Farmers Financial Solutions, LLC at the time of the activity. If you have been a victim of Arbeit’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $131,000.00 on July 01, 2025.

Beginning sometime in or around 2019, the registered representative engaged in the sale of unsecured, non-registered promissory notes that were neither offered nor approved by Farmers Financial Solutions, LLC (the Firm) to an individual who was not a customer of the Firm. These transactions were conducted without the Firm\\u2019s knowledge or authorization.

There are Recent Customer Complaints with Broker Robert Pecha in Firm Great Point Capital LLC

February 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Pecha (Pecha), currently associated with Great Point Capital LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Pecha 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 $1,117,186.96 on August 18, 2025.

Violation of common law fraud, breach of fiduciary duty, negligent failure to supervise, and negligence

Broker David Geake in American Trust Investment Services, INC. Firm Has Customer Complaint

February 10, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Geake (Geake), previously associated with American Trust Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Geake 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 $162,000.00 on June 20, 2025.

Claimants [REDACTED] & [REDACTED} and [REDACTED] and [REDACTED] allege that during May through August 2021, David Geake misrepresented the risk of MCloud stock, resulting in losses totaling $162,000. Among the allegations are breach of written contract pursuant to the customer agreements; breach of fiduciary duty of failing to act in Claimants’ best interests, to deal fairly and honestly with the Claimants, to observe fair business practices and equitable principles of trade as embodied in the standards of the securities industry, FINRA Rules, and Respondent’s own internal policies, to make only suitable investments and not to knowingly or negligently make material misrepresentations and omissions to Claimants; failure to supervise by neglecting its duty to properly supervise and control its agents pursuant, but not limited, to Section 20(a) of the 1934 Securities and Exchange Act, FINRA Rule 3111, and Section 342 of the NYSE Rules; negligence and gross negligence; misrepresentations and omissions, violation of FINRA Rules, violation of the federal securities laws, and violation of the Best Interest Obligations (Reg B1).

There are Recent Customer Complaints with Broker Todd Ingwersen in Firm Purshe Kaplan Sterling Investments

February 10, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on February 13, 2025.

The customer alleges that respondents The Harvest Group Wealth Management, LLC, Roger H. Ingwersen, Laurie Ingwersen and Todd Ingwersen collectively engaged in unsuitable investment practices, misrepresentations, and failed to act on client instructions, resulting in avoidable losses.

There are Recent Customer Complaints with Broker Wayne Babst in Firm Truist Investment Services, INC.

February 10, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 10, 2025.

In January 2023, a check was deposited to the incorrect account type (Traditional vs Roth) resulting in tax implications for the trustee. The trustee with her tax accountant identified the error in March 2025 and requested a corrected 1099.