Securities Lawyers Blog

There are Recent Customer Complaints with Broker Roderick Von Lipsey in Firm UBS Financial Services INC.

October 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roderick Von Lipsey (Von Lipsey), currently associated with UBS Financial Services INC., has at least one disclosable event. These events include one customer complaint, alleging that Von Lipsey 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 $1,900,000.00 on December 14, 2022.

Time frame: 2017-2019\, Claimant’s counsel alleges unsuitability and misrepresentation with respect to recommendations to invest in and hold an options overlay strategy.

There are Recent Customer Complaints with Broker Rabih Msallem in Firm Citigroup Global Markets INC.

October 24, 2025 | by Staff Attorney

The attorneys at Gana Weinstein LLP are investigating BrokerCheck records reports that Broker Rabih Msallem (Msallem), currently employed by Citigroup Global Markets INC. has been subject to at least one disclosable event. These events include one customer complaint. According to records kept by The Financial Industry Regulatory Authority (FINRA), Msallem’s most recent customer complaint alleges that Msallem recommended unsuitable investments in structured products and makes allegations concerning misconduct relating to the handling of the customer’s accounts.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $2,000,000.00 on December 16, 2022.

Claimants allege lack of suitability and misrepresentation of sales of structured note investments.

Broker Raymond Sardina in Janney Montgomery Scott LLC Firm Has Customer Complaint

October 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Raymond Sardina (Sardina), currently associated with Janney Montgomery Scott LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sardina 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 $1,500,000.00 on December 16, 2022.

Upon former FA’s termination of employment, the inheriting FA inappropriately invested him in speculative high-risk investments using margin, including investments in equity-linked securities focused on energy and biotech and concentrated positions.

There are Recent Customer Complaints with Broker Kery Hutner in Firm Wells Fargo Advisors Financial Network, LLC

October 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kery Hutner (Hutner), currently associated with Wells Fargo Advisors Financial Network, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hutner 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 $32,671.99 on December 19, 2022.

Arbitration: Claimant, acting in the capacity as a Power of Attorney, alleges unsuitable investments were recommended on or about 2020 for his client.\, Complaint: POA complained that the financial advisor recommended repositioning from individual mutual funds to a managed mutual fund portfolio with no benefit, and additional costs, to the customer. (1/29/2020-8/15/2022)

There are Recent Customer Complaints with Broker Dominick Diorio in Firm Aegis Capital Corp.

October 24, 2025 | by Staff Attorney

According to BrokerCheck records kept by The Financial Industry Regulatory Authority (FINRA) broker Dominick Diorio (Diorio), currently associated with Aegis Capital Corp., has been subject to at least one disclosable event. These events include one customer complaint. Several of those complaints against Diorio concern allegations of high frequency trading activity also referred to as churning or excessive trading among other securities laws violations.

FINRA BrokerCheck shows a final customer complaint with a damage request of $62,468.00 on December 15, 2022.

Time frame: December 2012 – June 2022. Claimant alleges suitability, churning, breach of fiduciary duty, breach of contract, unauthorized trading, negligence, misrepresentation, omission of material facts

Broker Michael Schmidt in Morgan Stanley Firm Has Customer Complaint

October 24, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Michael Schmidt (Schmidt) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Schmidt was employed by Morgan Stanley at the time of the activity. If you have been a victim of Schmidt’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint on December 14, 2022.

Claimant alleged, inter alia, forgery and misappropriation of funds from inherited IRA account 2019-2022.

There are Recent Customer Complaints with Broker Jeffrey Crum in Firm Fidelity Brokerage Services LLC

October 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Crum (Crum), currently associated with Fidelity Brokerage Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Crum 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 $5,000.00 on December 14, 2022.

Customer alleged that the variable annuity was an unsuitable investment for her investment needs.

There are Recent Customer Complaints with Broker Richard Lepine in Firm LPL Financial LLC

October 24, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on December 15, 2022.

Client alleges advisor failed to advise her that a variable life insurance policy ensuring her father would lapse when her father turned 100.

Broker Loris Rose in Centaurus Financial, INC. Firm Has Customer Complaint

October 24, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Loris Rose (Rose), currently associated with Centaurus Financial, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rose 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 $25,000.00 on December 19, 2022.

During 2021, the customer alleges that the Registered Representative recommended a complex, high-risk and illiquid investment.

There are Recent Customer Complaints with Broker Zachary Nigh in Firm Thrivent Investment Management INC.

October 23, 2025 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Zachary Nigh (Nigh) has been accused by investors of engaging in fraudulent misappropriation of their funds. According to records kept by The Financial Industry Regulatory Authority (FINRA), it appears that Nigh was employed by Thrivent Investment Management INC. at the time of the activity. If you have been a victim of Nigh’s alleged misconduct our firm may be able to assist you in recovering funds.

FINRA BrokerCheck shows a settled customer complaint with a damage request of $340.23 on December 20, 2022.

Client signed an application for a fixed annuity in 11/9/2022. Financial Consultant (FC) was informed by the annuity company on 12/12/2022 the client needed to sign a new application. Client asked the FC to FedEx the new documents. The FC indicated the documents would be sent via FedEx that Friday, but for a variety of reasons, the documents were not sent until the following Tuesday. This additional delay caused the customer to become impatient, and on 12/20/2022, she requested the return of her initial investment, claiming the delays amounted to theft. FC promptly involved his manager, and the manager sent both an email and letter to the client on 12/22/2022 assuring her the FC already contacted the annuity company and the annuity company would be sending a check directly to her. The annuity company issued the client a check on 12/28/2022. In addition, the Firm agreed to provide the client with interest associated with the delays. The Firm determined there was no risk of misappropriation regarding this matter.