Securities Lawyers Blog

There are Recent Customer Complaints with Broker Douglas Ruth in Firm Lenox Financial Services, INC.

March 22, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Douglas Ruth (Ruth), currently associated with Lenox Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Ruth 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 $526,400.00 on November 04, 2020.

Customer alleges breach of fiduciary duty, unsuitable investments, negligence, breach of contract, and failure to disclose risk of securities during the period April, 2015 through July, 2020.

There are Recent Customer Complaints with Broker Carlos Alvarado in Firm Herbert J. Sims & Co, INC.

March 22, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Carlos Alvarado (Alvarado), currently associated with Herbert J. Sims & Co, INC., has at least one disclosable event. These events include one customer complaint, alleging that Alvarado 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 $100,000.00 on November 04, 2020.

Client’s allege unsuitability, overconcentration, failure to supervise, scienter, aiding and abetting, fraudulent concealment, violations of securities laws and rules, fraud, recklessness, negligence, breach of fiduciary duties, and violations of PR contract law (Puerto Rico bonds and closed-end funds). Includes request for rescission, interest, fees, costs, and disgorgement of commission and fees.

Broker Thomas Sullivan Jr. in UBS Financial Services INC. Firm Has Customer Complaint

March 22, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Sullivan Jr. (Sullivan Jr.), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Sullivan Jr. 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 November 12, 2020.

Time Frame: November 2, 2020 to November 12, 2020 What were the allegations against the individual? The client’s husband who had authority to complain alleges the Financial Advisor failed to follow instructions and sold the incorrect equity. The client’s husband further alleges the Financial Advisor failed to purchase Mutual Funds as instructed.

There are Recent Customer Complaints with Broker Eric Snyder in Firm UBS Financial Services INC.

March 22, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eric Snyder (Snyder), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Snyder 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 $205,165.00 on November 03, 2020.

Allegations as stated by Claimant: Time frame: Unspecified\<char_lb_r>\, \<char_lb_r>\, Allegations: Claimant alleges the recommendation to hold Puerto Rico Municipal Bonds and Closed-End Funds was unsuitable, and that her accounts were unsuitably over-concentrated in those investments. Claimant further alleges that the risk of concentration in Puerto Rico investments was misrepresented.

There are Recent Customer Complaints with Broker Bradley Barnett in Firm LPL Financial LLC

March 22, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 10, 2020.

Custoer alleges misrepresentation of potential tax liability associated with investment. Activity period: 2/27/17 to 11/20/20.

Broker Carol Brookman in Morgan Stanley Firm Has Customer Complaint

March 22, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 05, 2020.

Trustee alleges that they did not authorize trades in their trust account in November 2019 which resulted in significant tax ramifications damages unspecified

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

March 22, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 05, 2020.

Client alleges FA made misrepresentation regarding mutual fund holdings from January 2020 to October 2020.

Broker Brian Homra in Edward Jones Firm Has Customer Complaint

March 21, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on November 13, 2020.

Claimant alleges various claims arising from the registered representative’s purported failure to follow the claimant’s investment instructions in April 2020.

Broker Sam Paolini in Hornor, Townsend & Kent, INC. Firm Has Customer Complaint

March 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sam Paolini (Paolini), previously associated with Hornor, Townsend & Kent, INC., has at least one disclosable event. These events include one customer complaint, alleging that Paolini 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 $141,222.00 on November 13, 2020.

Client alleges that she was pressured into purchasing a whole life insurance policy by the former financial professional and is requesting a return of the total premiums paid. The client also alleges that she gave the financial professional checks payable to the financial professional for outside investments, and has been reimbursed in full.

Broker Christian Garza in LPL Financial LLC Firm Has Customer Complaint

March 21, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $4,000,000.00 on November 13, 2020.

Customer alleges that representative engaged in fraudulent conduct including misappropriation by forgery and/or alteration of documents. Activity period – 9/2011 to 12/2012.