Securities Lawyers Blog

There are Recent Customer Complaints with Broker Charles Kunzelman in Firm Ifp Securities, LLC

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Kunzelman (Kunzelman), currently associated with Ifp Securities, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Kunzelman 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 $12,910.47 on June 13, 2023.

Client alleges representative provided unsuitable advice dating back to 2008.

There are Recent Customer Complaints with Broker Deborah Birch in Firm Cambridge Investment Research, INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Deborah Birch (Birch), currently associated with Cambridge Investment Research, INC., has at least one disclosable event. These events include one customer complaint, alleging that Birch 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 June 08, 2023.

Customer alleged the alternative investment she purchased in year 2014 was misrepresented and not suitable.

Broker Kristy Nicol in LPL Financial LLC Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kristy Nicol (Nicol), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Nicol 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.

Complaint alleges misrepresentation of interest rate

There are Recent Customer Complaints with Broker Linda Schnell in Firm Morgan Stanley

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Linda Schnell (Schnell), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Schnell 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 $330,000.00 on June 08, 2023.

Claimant alleged, inter alia, that the investments strategy executed in the client’s account was unsuitable – 2020-2022

There are Recent Customer Complaints with Broker Ronald Giovino in Firm Gwn Securities INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ronald Giovino (Giovino), previously associated with Gwn Securities INC., has at least one disclosable event. These events include one customer complaint, alleging that Giovino 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 $120,000.00 on June 14, 2023.

Former client alleges that her former FA recommended that she sell two mutual funds and reinvest the proceeds in a different investment opportunity but that he converted the funds. She also alleges that in August 2022 (which was over a year after the FA’s registration was terminated in July 2021) the same individual recommended she liquidate fund shares and invest the $50,000 proceeds in an annuity but that the individual converted those funds.

There are Recent Customer Complaints with Broker Lisa Mantei in Firm Centaurus Financial, INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Lisa Mantei (Mantei), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Mantei 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 June 14, 2023.

The Customer alleges that the financial advisor recommended risky, complex, long-term and illiquid investments. No specific dates for the alleged activity were identified in the Statement of Claim.

There are Recent Customer Complaints with Broker Steven Work 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 Steven Work (Work), currently associated with Citigroup Global Markets INC., has at least one disclosable event. These events include one customer complaint, alleging that Work 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 13, 2023.

Claimant asserts that in March 2021 he sold shares of an equity short with assurance by CGMI through financial advisor, Steven Work, that the margin requirement would be 50% but a margin call several days after the trade was placed was executed at 100% of Claimant’s position, resulting losses in excess of $150,000 after denying time to effect a cash cover to avoid the margin call.

There are Recent Customer Complaints with Broker Samad Kalig in Firm Ameriprise Financial Services, INC.

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Samad Kalig (Kalig), previously associated with Ameriprise Financial Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Kalig 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 William Beasley in Firm Bhk Securities, LLC

August 30, 2025 | by Staff Attorney

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

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

Client alleges, inter alia, FA did not act in claimant’s best interest with respect to the management of client’s account Nov 2018- May 2021

Broker Charles Churchill in Citigroup Global Markets INC. Firm Has Customer Complaint

August 30, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Charles Churchill (Churchill), currently associated with Citigroup Global Markets INC., has at least one disclosable event. These events include one customer complaint, alleging that Churchill 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 $113,405.00 on June 14, 2023.

Claimant alleges breaches of fiduciary duties related to recommendations regarding mutual funds and an annuity, failure to provide suitable recommendations, negligence, and failure to supervise an employee. (January 2016-March 2023).