Securities Lawyers Blog

Broker Walter Collins in Nylife Securities LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Walter Collins (Collins), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Collins 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 $12,488.88 on April 18, 2023.

The customer alleged RR Collins advised him he would receive a yield of 4.78% or approximately $23,000 on a $500k par T-bill purchase made in or around March 2023. After the purchase, the RR realized he inadvertently provided incorrect information to the customer about the estimated dollar amount of the returns.

Broker Kenan Bell in MML Investors Services, LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on April 17, 2023.

The complainant alleges that, beginning in August 2020, the rep provided her with investment advice related to stock sales and her retirement accounts, which he wasn’t qualified to do, and which caused her to lose money.

Broker Cynthia Anderson in LPL Financial LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cynthia Anderson (Anderson), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Anderson 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 $20,947.18 on March 23, 2023.

Prior to being securities registered, Ms. Anderson held an insurance license. During this time, she sold a fixed annuity to a client. The daughter of the client verbally complained that she felt the client was taken advantage of. She stated that her father did not have enough money to invest that much into an annuity. However, the information provided showed that he had sufficient funds for this purchase. However, the daughter later stated that she had put extra money into the client’s account so that he would qualify for a home loan. Ms. Anderson was not made aware of this. Based on the information provided, the trade was suitable.

There are Recent Customer Complaints with Broker Peter Arnold in Firm Edward Jones

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Arnold (Arnold), previously associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Arnold 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 $5,222.48 on January 24, 2023.

The client alleges an unauthorized withdrawal was made from his Prudential Premier Retirement Annuity on 9/28/2021 which resulted in his monthly income payment being reduced. Additionally, client alleges his payment option was changed from monthly to annually without his authorization.

Broker Michelle Perres in Aegis Capital Corp. Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a settled customer complaint on January 23, 2023.

Time frame: 2018 – 2020. Claimant alleges unsuitable investments, breach of contract.

Broker Jesse Thomas in Equitable Advisors, LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

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

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

Client alleges RR misrepresented variable annuity contracts sold in 2023 and the RR fraudulently signed her name on a client form.

There are Recent Customer Complaints with Broker Evan Hershey in Firm Caldwell Sutter Capital, INC.

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Evan Hershey (Hershey), currently associated with Caldwell Sutter Capital, INC., has at least one disclosable event. These events include one customer complaint, alleging that Hershey 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 $426,706.00 on April 17, 2023.

Claimant alleges representative failed to terminate defined benefit plans.

There are Recent Customer Complaints with Broker Chad Metzger in Firm Edward Jones

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Chad Metzger (Metzger), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Metzger 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 $420,000.00 on April 18, 2023.

Plaintiff alleges registered representative and his assistant failed to transfer funds from Plaintiff’s now deceased husband’s account to a bank savings account jointly titled in the name of the Plaintiff and her now deceased husband.

There are Recent Customer Complaints with Broker Karl Tweardy in Firm Fidelity Brokerage Services LLC

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Karl Tweardy (Tweardy), currently associated with Fidelity Brokerage Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Tweardy 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 $10,000.00 on January 23, 2023.

Client alleged he did not receive a product prospectus for the investment in question. Notes in the CRM file prior to contract issue indicated the RR understood the customer wanted 0% risk with this investment, however, allocation instructions which would have allowed for this level of loss protection were never passed along to the insurance carrier. The customer was invested in an allocation that limited total loss, but that did not totally eliminate it.

Broker Kevin Deangelis in Ameriprise Financial Services, LLC Firm Has Customer Complaint

October 19, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kevin Deangelis (Deangelis), currently associated with Ameriprise Financial Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Deangelis 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 $161,000.00 on January 27, 2023.

Claimant alleges his advisor recommended unsuitable investments including exchange traded funds.