Securities Lawyers Blog

There are Recent Customer Complaints with Broker Thomas Monahan in Firm Bcg Securities, INC.

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Monahan (Monahan), currently associated with Bcg Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Monahan 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 $90,000.00 on May 02, 2023.

In June, 2020, Customer purchased an equity position in Silicon Valley Bank (SIVPQ) which lost value in April 2023. Customer alleges rep was negligent in allowing customer to purchase and hold the position.

There are Recent Customer Complaints with Broker Michael Cox in Firm Nylife Securities LLC

September 8, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 10, 2024.

Customer alleges the Variable Universal Life Insurance policy he purchased in April 1997 was not clearly explained and as a result, the policy eventually lapsed.

Broker Robert Scherzer in Wells Fargo Advisors Financial Network, LLC Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 01, 2023.

Customer complained that the financial advisor failed to follow his instructions to exit him from all risky investments and bank failed in which customer owned stock. (3/23/2023-5/1/2023)

Broker Dana Vietor in Cfd Investments, INC. Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Dana Vietor (Vietor) 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 Vietor was employed by Cfd Investments, INC. at the time of the activity. If you have been a victim of Vietor’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $240,000.00 on May 12, 2023.

Sale of private securities transaction not authorized by the firm, breach of fiduciary duty, negligence, fraud, misrepresentation, Iowa securities laws, breach of contract, failure to supervise, and respondeat Superior.

Broker John Saunders in UBS Financial Services INC. Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker John Saunders (Saunders), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Saunders 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 $400,000.00 on May 11, 2023.

Time frame: January 2013 – May 2023 \, \, Allegations: Claimant alleges unsuitability regarding recommendations made by the FA for products that did not meet Claimant’s liquidity needs.

There are Recent Customer Complaints with Broker George Mccaffrey in Firm Ntb Financial Corporation

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker George Mccaffrey (Mccaffrey), previously associated with Ntb Financial Corporation, has at least one disclosable event. These events include one regulatory event, alleging that Mccaffrey recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on April 27, 2023.

Respondent McCaffrey failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Broker Neil Lerner in Morgan Stanley Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 17, 2023.

Client’s attorney alleges, inter alia, that liquidity access line established by the client’s deceased husband was not appropriate for the client to maintain 2021-2023

There are Recent Customer Complaints with Broker Floyd Bernard in Firm Cambridge Investment Research, INC.

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Floyd Bernard (Bernard), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bernard 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 $200,000.00 on May 02, 2023.

Client alleges registered representative misrepresented third party managed program, resulting in approximately $200,000 in damages.

There are Recent Customer Complaints with Broker Albert Kearney in Firm Voya Financial Advisors, INC.

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Albert Kearney (Kearney), previously associated with Voya Financial Advisors, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kearney 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 $50,000.00 on May 04, 2023.

Claimant alleges that their retirement savings were over-concentrated into an unsuitable high-risk, high-commission, speculative alternative investment. Claimant further alleges that misrepresentations of material facts were made in connection with the investment recommendation.

Broker Gretchen Schorr in Moloney Securities Co., INC. Firm Has Customer Complaint

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gretchen Schorr (Schorr), previously associated with Moloney Securities Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Schorr 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 April 24, 2023.

Suitability/negligence. 2019