Securities Lawyers Blog

There are Recent Customer Complaints with Broker Thomas Rydell in Firm Royal Alliance Associates, INC.

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Rydell (Rydell), previously associated with Royal Alliance Associates, INC., has at least one disclosable event. These events include one customer complaint, alleging that Rydell 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 $250,000.00 on October 14, 2021.

Claimant alleged that Respondents mismanaged his discretionary account by investing in unsuitable securities that underperformed the S&P 500.

There are Recent Customer Complaints with Broker Michael Barranco in Firm LPL Financial LLC

January 21, 2026 | by Staff Attorney

The law offices of Gana Weinstein LLP are currently investigating claims that Broker Michael Barranco (Barranco) 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 Barranco was employed by LPL Financial LLC at the time of the activity. If you have been a victim of Barranco’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 $3,215,649.78 on October 06, 2021.

Claimants allege selling away, unsuitability, breach of fiduciary duties, fraud and/or negligence in connection with their investment in real estate. Activity period April 2013 to June 2017.

There are Recent Customer Complaints with Broker Michael Fisher in Firm Nylife Securities LLC

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Fisher (Fisher), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fisher 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 $24,140.51 on October 06, 2021.

Claimant alleges that she was misled into purchasing an unsuitable investment in November 2017 andseeks the return of surrender charges, fees and market losses plus punitive damages and attorney fees.

There are Recent Customer Complaints with Broker William Benjamin Herritage in Firm Cetera Advisors LLC

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Benjamin Herritage (Herritage), currently associated with Cetera Advisors LLC, has at least one disclosable event. These events include one customer complaint, alleging that Herritage 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 October 13, 2021.

CUSTOMERS ALLEGE UNSUITABLE RECOMMENDATIONS, MISREPRESENTATIONS, OMISSION OF MATERIAL FACT AND FAILURE TO CONDUCT PROPER DUE DILIGENCE IN REGARDS TO TRANSACTIONS IN A NON-TRADED REIT.

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

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ted Candella (Candella), currently associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Candella 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 $1,600,000.00 on October 08, 2021.

The customer alleges unsuitable investment advice and a failure to advise on the unforeseen tax consequences of selling stocks.

There are Recent Customer Complaints with Broker Ron Phillips in Firm Morgan Stanley

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ron Phillips (Phillips), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Phillips 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 $250,000.00 on October 14, 2021.

Claimant alleged that Respondents mismanaged his discretionary account by investing in unsuitable securities that underperformed the S&P 500

Broker James Petrizzo in Independent Financial Group, LLC Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Petrizzo (Petrizzo), currently associated with Independent Financial Group, LLC, has at least 3 disclosable events. These events include one customer complaint, 2 regulatory events, alleging that Petrizzo recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a final customer complaint on October 07, 2021.

On July 7, 2021, the Representative’s former broker-dealer agency filed on his behalf a non-resident insurance agent application that was submitted to the Wisconsin Commissioner of Insurance (COI). Per an Administrative Action, on October 7, 2021 the Wisconsin COI denied the application on the basis that (i) it was not completed in full, and (ii) a COI request for information was not responded to in a timely manner.

Broker Robert Tatum in LPL Financial LLC Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

Currently financial advisor Robert Tatum (Tatum), 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 settled customer complaint with a damage request of $100,001.00 on October 11, 2021.

Claimants allege representative made an unsuitable investment in a non-traded REIT. Time period is 01/2015 through 09/2021.

Broker Michael Callahan in Osaic Wealth, INC. Firm Has Customer Complaint

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Callahan (Callahan), currently associated with Osaic Wealth, INC., has at least one disclosable event. These events include one customer complaint, alleging that Callahan 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 $20,000.00 on October 12, 2021.

Customer alleges that the representative misrepresented the tax implications in connection to the surrender of an annuity.

There are Recent Customer Complaints with Broker Stewart Conover in Firm Cuna Brokerage Services, INC.

January 21, 2026 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Stewart Conover (Conover), previously associated with Cuna Brokerage Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Conover 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 $22,400.99 on October 07, 2021.

Client’s husband passed away and shortly thereafter the rep recommended the client replace her Nationwide VA for another Nationwide VA for lower expenses and a higher lifetime income benefit; client is stating she doesn’t understand why the original recommendation was made, or the replacement recommendation, as lifetime income had not been her objective.