Securities Lawyers Blog

There are Recent Customer Complaints with Broker Cort Meinelschmidt in Firm Capital Investment Group, INC.

September 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a final customer complaint with a damage request of $1,000,000.00 on May 18, 2023.

Relative to a purchase transaction in Hard Rock 2014 Drilling Program, client alleges breach of fiduciary duty, on the part of the Registered Representative, Capital Investment Group, Inc., and an Investment Adviser Representative, who had absolutely no relation to the broker/dealer, in any capacity. The transaction date was 09/13/2013.\<char_lb_r>\, \<char_lb_r>\, The defendants also included Sentinel Capital Solutions, Inc., a Registered Investment Adviser owned by the Registered Representative.

Broker Mark Barrand in Ameriprise Financial Services, LLC Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mark Barrand (Barrand), previously associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Barrand 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 $40,000.00 on May 17, 2023.

Claimants allege that the registered representative recommended unsuitable investments that resulted in losses.

Broker Steven Ridgley in International Assets Advisory, LLC Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Steven Ridgley (Ridgley), previously associated with International Assets Advisory, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ridgley 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 $135,996.99 on May 19, 2023.

BREACH OF COMMON LAW DUTY, VIOLATION OF PERTINENT RULES, VIOLATIONS OF SEC ACT OF 1934 (10B), BREACH OF EXPRESSED OR IMPLIED FIDUCIARY RESPONSIBILITY.

Broker Joseph Beam in Nylife Securities LLC Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joseph Beam (Beam), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Beam 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 $31,500.00 on May 18, 2023.

The plaintiff alleges the Estate’s personal representative was misled into writing checks for investments, but the checks were instead cashed or deposited.

Broker Cheryl Wilson in J.w. Cole Financial, INC. Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cheryl Wilson (Wilson), previously associated with J.w. Cole Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Wilson 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 $112,000.00 on May 22, 2023.

4.Customer alleges breach of fiduciary duty, lack of suitability, misrepresentation, failure to supervise, and breach of contract regarding their investment.

There are Recent Customer Complaints with Broker Timothy Thelen in Firm American Trust Investment Services, INC.

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Timothy Thelen (Thelen), previously associated with American Trust Investment Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Thelen 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 $1,000,000.00 on May 18, 2023.

MISSREPRESENTATION; FAILURE TO CONDUCT DUE DILIGIENCE; BREACH OF COTRACT; BREACH OF FIDUCIARY DUTY; FAILURE TO SUPERVISE; NEGLAGENCE; VIOLATION OF FINRA RULES; VIOLATION OF SECURITIES LAW; ELDER ABUSE; VIOLATION OF REG-BI.

There are Recent Customer Complaints with Broker Ray Reese in Firm Money Concepts Capital CORP

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ray Reese (Reese), currently associated with Money Concepts Capital CORP, has at least one disclosable event. These events include one customer complaint, alleging that Reese 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 $450,000.00 on May 16, 2023.

Breach of fiduciary duty, suitability, and misrepresentation

There are Recent Customer Complaints with Broker Seth Mason in Firm Morgan Stanley

September 2, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on May 18, 2023.

Claimants allege, inter alia, that the investment strategy executed in their account was unsuitable from January 2007 to February 14, 2023.

Broker Ivan Gefen in Newbridge Securities Corporation Firm Has Customer Complaint

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ivan Gefen (Gefen), currently associated with Newbridge Securities Corporation, has at least one disclosable event. These events include one customer complaint, alleging that Gefen 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 $1,200,000.00 on May 17, 2023.

BREACH OF FIDUCIARY DUTY, NEGLIGENCE, FRAUD, BREACH OF CONTRACT, AND VIOLATION OF REGULATION BI

There are Recent Customer Complaints with Broker Noel Bragg in Firm American Trust Investment Services, INC.

September 2, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Noel Bragg (Bragg), currently associated with American Trust Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Bragg 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 $50,000.00 on May 16, 2023.

Breach of fiduciary duty, Negligence and Negligent Misrepresentation, Breach of Contract, Failure to supervise, and Violation of Regulation Best Interest.