Securities Lawyers Blog

There are Recent Customer Complaints with Broker Anthony Jovanovich in Firm LPL Financial LLC

August 6, 2025 | by Staff Attorney

Currently financial advisor Anthony Jovanovich (Jovanovich), currently employed by brokerage firm LPL Financial LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on March 20, 2025.

Claimants allege that between June 2012 and June 2023, representative made unsuitable investments in REITs.

There are Recent Customer Complaints with Broker David Miller in Firm RBC Capital Markets, LLC

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Miller (Miller), currently associated with RBC Capital Markets, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Miller 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 $2,500,000.00 on March 24, 2025.

Claimants contend that, after June 2020, Respondent made recommendations regarding a fixed income investment strategy that did not comply with SEC’s Regulation Best Interest.

Broker Michael Sloan in LPL Financial LLC Firm Has Customer Complaint

August 6, 2025 | by Staff Attorney

Currently financial advisor Michael Sloan (Sloan), currently employed by brokerage firm LPL Financial LLC has been subject to at least one disclosable event. These events include one customer complaint. According to a BrokerCheck reports most of the recent customer complaints concern either corporate debt securities or alternative investments such as direct participation products (DPPs) like business development companies (BDCs), non-traded real estate investment trusts (REITs), oil & gas programs, annuities, and private placements. The attorneys at Gana Weinstein LLP have represented hundreds of investors who suffered losses caused by these types of high risk, low reward products.

FINRA BrokerCheck shows a pending customer complaint on March 20, 2025.

Claimants allege that between June 2012 and June 2023, representative made unsuitable investments in REITs.

Broker William Conn in International Assets Advisory, LLC Firm Has Customer Complaint

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Conn (Conn), previously associated with International Assets Advisory, LLC, has at least one disclosable event. These events include one regulatory event, alleging that Conn recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on April 07, 2025.

Without admitting or denying the findings, Conn consented to the sanctions and to the entry of findings that he exercised discretion in customer accounts without prior written authorization from the customers or prior permission from his member firm. The findings stated that the customers knew Conn was placing trades in their accounts. The findings also stated that in circumvention of firm policy, Conn gifted one of the customers a total of $120,000 by making deposits into her checking account. Conn failed to disclose these gifts to the firm. In addition, Conn falsely stated on his annual questionnaire that he had not gifted any customer more than $100.

There are Recent Customer Complaints with Broker William King in Firm Merrill Lynch, Pierce, Fenner & Smith Incorporated

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William King (King), previously associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that King 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 $1,000,000.00 on March 24, 2025.

Client alleges unsuitability and misrepresentation.

There are Recent Customer Complaints with Broker Richard Belz in Firm R. F. Lafferty & Co., INC.

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Richard Belz (Belz), currently associated with R. F. Lafferty & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Belz 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 $340,000.00 on March 10, 2025.

From June 2020 to December 2024 -Unsuitable Investments.

Broker Daryl Calton in Calton & Associates, INC. Firm Has Customer Complaint

August 6, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daryl Calton (Calton), previously associated with Calton & Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Calton 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 $1,000,000.00 on March 10, 2025.

The current trustee of the trust alleged that between 2000 and 2017 Mr. Daryl Calton made unsuitable recommendations to his parents involving certain REIT and alternative investments.

Broker Kyle Friedrich in Edward Jones Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kyle Friedrich (Friedrich), currently associated with Edward Jones, has at least one disclosable event. These events include one customer complaint, alleging that Friedrich 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 $112,000.00 on July 09, 2025.

Client alleges that financial advisor stole $112,000 from her account.

Broker Caleb Brasel in Fidelity Brokerage Services LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Caleb Brasel (Brasel), currently associated with Fidelity Brokerage Services LLC, has at least one disclosable event. These events include one customer complaint, alleging that Brasel 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 $17,000.00 on June 16, 2025.

Customer alleged that the registered representative made an unsuitable recommendation to establish a managed account .

There are Recent Customer Complaints with Broker James Hedgspeth in Firm Morgan Stanley

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Hedgspeth (Hedgspeth), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Hedgspeth 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 $14,435.00 on June 20, 2025.

Customer alleges that registered representative liquidated assets without customer authorization and failed to disclose the corresponding tax implications.