Securities Lawyers Blog

There are Recent Customer Complaints with Broker Peter Lingua in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

September 8, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Lingua (Lingua), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Lingua recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on May 02, 2023.

Customer alleges Financial Advisor misrepresented factors of his variable annuities from May 2020 to October 2020.

There are Recent Customer Complaints with Broker Coley Bellamy in Firm Nylife Securities LLC

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 14, 2025.

The Customer alleges they were misled when they agreed to exchange an existing employee variable universal life policy for another in July 2024.

There are Recent Customer Complaints with Broker Leticia Hewko in Firm Independent Financial Group, LLC

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Leticia Hewko (Hewko), currently associated with Independent Financial Group, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hewko 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 $100,000.00 on July 07, 2025.

Clients claim their investments were not suitable and they were unaware of the risk

Broker Chihyu Hsu in Park Avenue Securities LLC Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Chihyu Hsu (Hsu), previously associated with Park Avenue Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hsu 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 $77,000.00 on July 17, 2025.

The customer alleges that two years ago, the RR facilitated the transfer of funds from the customer’s IRA into the customer’s personal checking account, with the stated intention of using the funds to purchase an annuity with Brighthouse Financial. Following this, and at the RR’s instruction, the customer transferred the funds from his checking account to the RR’s personal bank account. The customer claims he has never received any documentation or confirmation of the annuity and has been unable to contact the RR despite repeated attempts.

Broker Raymond Brown in Northwestern Mutual Investment Services, LLC Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 17, 2025.

Customer alleges that in or around June 2024, representative sold him a variable universal life insurance policy without the customer’s knowledge and without his understanding that a loan had been taken from his non-variable life insurance policy to pay the premium on the new variable policy. Customer alleges the representative misled him to believe that money from the non-variable policy that had been deposited into his account was a withdrawal of liquid cash value from the non-variable policy, not a loan, and that subsequent debits taken from the customer’s account were to return overpayments from the non-variable policy, not to make premium payments on the variable policy.

There are Recent Customer Complaints with Broker Janet Fieldman in Firm LPL Financial LLC

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 08, 2025.

Customer alleges that her financial advisor gave her improper advice in connection with available options arising from his brokerage account in November of 2021.

There are Recent Customer Complaints with Broker Brian Btesh in Firm Northwestern Mutual Investment Services, LLC

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Btesh (Btesh), previously associated with Northwestern Mutual Investment Services, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Btesh 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 $100,000.00 on March 12, 2025.

Fraud and misrepresentation.

Broker Benjamin Duggan in Empower Financial Services, INC. Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

Currently financial advisor Benjamin Duggan (Duggan), currently employed by brokerage firm Empower Financial Services, 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 $10,257.59 on July 09, 2025.

Investor incurred a $10,257.59 loss in a crypto hedge fund.

Broker Juan Rascon in Cetera Investment Services LLC Firm Has Customer Complaint

September 4, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 07, 2025.

Claimant alleges unsuitable investment recommendations.

There are Recent Customer Complaints with Broker Yanette Sullivan in Firm Truist Investment Services, INC.

September 4, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Yanette Sullivan (Sullivan), currently associated with Truist Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Sullivan 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 $110,000.00 on July 18, 2025.

Client alleges that representative purchased an immediate annuity that was unsuitable and without a death benefit.