Securities Lawyers Blog

There are Recent Customer Complaints with Broker Henry Arellano in Firm Edward Jones

August 30, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 14, 2023.

Client alleges she requested her financial advisor invest into CDs to preserve their principal and his failure to do so resulted in market loss.

Broker King Cavalier in Raymond James Financial Services, INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker King Cavalier (Cavalier), currently associated with Raymond James Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Cavalier 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 $80,000.00 on June 14, 2023.

Former client alleges that she informed FA she intended to use a specified amount of funds from her investment account in the short term to buy a home but that FA improperly invested those funds in stocks and US Treasury bonds resulting in a loss.

Broker Noah Simon in UBS Financial Services INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 09, 2023.

Time frame: 2017 – Present.\, Allegations: Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

Broker Thomas Murphy in Merrill Lynch, Pierce, Fenner & Smith Incorporated Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Murphy (Murphy), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Murphy 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 $150,000.00 on June 08, 2023.

Client alleges financial advisor failed to act in his best interest and made an unsuitable investment recommendation in October 2017.

Broker David Yu in Ifp Securities, LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Yu (Yu), currently associated with Ifp Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Yu 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 $76,150.00 on June 08, 2023.

Client alleges Mr. Yu improperly recommended a high risk, high commission illiquid alternative investment, namely, GWG Holdings, Inc. and that Mr. Yu misrepresented the investment to them and that it was\, inconsistent with their financial situation and needs, investment objectives and their risk tolerance.

Broker Dennis Ayre in Hilltop Securities INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dennis Ayre (Ayre), previously associated with Hilltop Securities INC., has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Ayre recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on June 12, 2023.

Respondent Ayre 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 Eliah Ewing in Ameriprise Financial Services, LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Eliah Ewing (Ewing), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ewing 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 June 12, 2023.

Claimant alleges that she was recommended to invest her retirement savings in unsuitable, illiquid and speculative investments including FSIC (FS Investment Corporation) on 12/16/11, FSEP (FS Energy & Power Fund) in 2014, and a RVS Life variable annuity on 12/14/18.

There are Recent Customer Complaints with Broker Matthew Rigoli in Firm Citigroup Global Markets INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Rigoli (Rigoli), currently associated with Citigroup Global Markets INC., has at least one disclosable event. These events include one customer complaint, alleging that Rigoli 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 $11,079.88 on June 13, 2023.

TRUSTEE ALLEGED HE PROVIDED INSTRUCTION TO REGISTERED REPRESENTATIVE ON 4/10/2023 TO SELL FOUR MUTUAL FUNDS IN HIS ACCOUNT AND INTENDED TO IMMEDIATELY REINVEST THE PROCEEDS IN A VARIABLE ANNUITY. TRUSTEE CLAIMED THAT THE REGISTERED REPRESENTATIVE TOLD HIM IT WOULD TAKE “A WEEK OR SO” TO PROCESS. TRUSTEE EXPECTED THE TRANSACTIONS TO OCCUR NO LATER THAN 4/24/2023, BUT ALLEGED THAT THE FUNDS WERE NOT SOLD, AND THE PROCEEDS WERE NOT REINVESTED, FOR NEARLY TWO MONTHS. TRUSTEE CLAIMS LOSSES DUE TO THE DELAY AND DEMANDS COMPENSATION. OCCURRENCE DATES: 4/24/2023 – 6/1/2023. ALLEGED LOSSES: $11,079.88.

Broker Alexis Molina in UBS Financial Services INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Alexis Molina (Molina), previously associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Molina 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 June 08, 2023.

Time Frame: January 03, 2023 to June 07, 2023\, \, What were the allegations against the individual? The client alleges failure to follow instructions by not executing a trade correctly.

Broker Derek Su in Usca Securities LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Derek Su (Su), currently associated with Usca Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Su 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 $2,200,000.00 on June 12, 2023.

Claimants had been clients of USCA since 2015. Su began handling their accounts in late 2020. Claimants allege Su failed to properly structure their accounts to meet their retirement goals. Specific allegations include negligence, gross negligence, failure to supervise, and breach of fiduciary duty.