Securities Lawyers Blog

Broker Jeffrey Glusman in Suntrust Investment Services, INC. Firm Has Customer Complaint

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Glusman (Glusman), previously associated with Suntrust Investment Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Glusman 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 $2,800,000.00 on June 17, 2020.

The customers allege misrepresentations from 2012 until 2017.

There are Recent Customer Complaints with Broker Jeffrey Oliverio in Firm Truist Investment Services, INC.

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jeffrey Oliverio (Oliverio), currently associated with Truist Investment Services, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Oliverio 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 $536,513.00 on June 19, 2020.

Oliverio was a subject of the customer’s complaint against his member firm and/or other named respondents that asserted the following causes of action: violation of the Business Conduct Rule, FINRA Rule 2010 (standards of commercial honor and principles of trade); violation of FINRA Rule 2020 (use of manipulative, deceptive and other fraudulent devices); violation of FINRA Rule 2111 (suitability); violation of FINRA Rule 3260 (discretionary accounts); violation of FINRA Rule 3110 (supervision); breach of fiduciary duty; breach of a broker’s duty of reasonable care; breach of a broker’s duty to supervise and ensure compliance with firm and industry rules; negligence; and fraud and deceit.

Broker Elsie Torres Olmo in Popular Securities, LLC Firm Has Customer Complaint

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Elsie Torres Olmo (Torres Olmo), currently associated with Popular Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Torres Olmo 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 $180,000.00 on June 18, 2020.

Claimant alleged that Financial Consultant investment recommendations to purchase P.R. Securities were unsuitable in light of the clients’ risk tolerance. Claimants also alleged that recommendations made by the Financial Consultant were outrageous in light of Puerto Rico’s well known deteriorating financial condition.

Broker Ian Baker in LPL Financial LLC Firm Has Customer Complaint

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ian Baker (Baker), currently associated with LPL Financial LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Baker 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 $10,966.86 on June 16, 2020.

Claimant alleges that her Financial Representative made two unsuitable investments in a managed account, which were ultimately sold at a loss to claimant. Activity period: 6/12/2018-5/29/2019

Broker Shlomo Strugano in First Allied Securities, INC. Firm Has Customer Complaint

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Shlomo Strugano (Strugano), previously associated with First Allied Securities, INC., has at least 2 disclosable events. These events include 2 customer complaints, alleging that Strugano 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 $750,000.00 on June 17, 2020.

Claimant alleges former financial adviser recommended unsuitable alternative investments and misappropriated money through an outside power of attorney entity. Claimant’s alleges unsuitability, breach of fiduciary duty, negligence, misrepresentation and elder abuse.

There are Recent Customer Complaints with Broker Dan Avery in Firm Waddell & Reed

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Dan Avery (Avery), previously associated with Waddell & Reed, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Avery 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 $73,500.00 on June 16, 2020.

Clients, through attorney, allege that, contrary to representations and assurances, the RR did not execute sell orders on March 6, 2020, resulting in loses to their accounts.

There are Recent Customer Complaints with Broker Ezri Shechter in Firm Spencer-winston Securities Corporation

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ezri Shechter (Shechter), previously associated with Spencer-winston Securities Corporation, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Shechter 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 June 18, 2020.

Unauthorized trading, use of discretion, suitability

Broker Melisa Bechara Fagundo in Popular Securities, LLC Firm Has Customer Complaint

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Melisa Bechara Fagundo (Bechara Fagundo), previously associated with Popular Securities, LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Bechara Fagundo 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 $180,000.00 on June 18, 2020.

Claimant alleges that Financial Consultant investment recommendations to purchase and to hold P.R. Securities were unsuitable in light of the clients’ risk tolerance. Claimants also allege that recommendations made by the Financial Consultant were particularly egregious in light of Puerto Rico’s well known deteriorating financial condition.

There are Recent Customer Complaints with Broker Mariondy Fernandez in Firm Santander Securities LLC

August 3, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Mariondy Fernandez (Fernandez), previously associated with Santander Securities LLC, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Fernandez 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 $500,000.00 on June 16, 2020.

Client’s allege over-concentration, unsuitability, breach of fiduciary duty, violations of securities laws and rules, breach of contract, negligence, fraud, false inducement to inaction, failure to supervise, breach of duty of good faith and fair dealing (Puerto Rico bonds, open-end funds, and closed-end funds). Includes request for rescission, punitive damages, interest, costs, fees.

Broker Steven Kenny in Hilltop Securities INC. Firm Has Customer Complaint

August 3, 2026 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on June 16, 2020.

Claimants allege that MLP investments made in their discretionary investment advisory accounts while at RBC Capital Markets were not suitable for their investment objectives. Upon transfer to BB&T Securities in 2016, the accounts maintained investments in question. The claimants have alleged failure to treat Claimants justly and equitably, negligent misrepresentation, omission and supervision, fraudulent misrepresentation and omission, breach of fiduciary duty, breach of contract, and violation of federal and state securities laws.