Securities Lawyers Blog

There are Recent Customer Complaints with Broker Eric Kleiner in Firm Morgan Stanley

August 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on July 02, 2025.

Claimant alleged, inter alia, FA recommended outside investment not authorized by the firm – May 2018 to March 2025

There are Recent Customer Complaints with Broker Megurditch Patatian in Firm Supreme Alliance LLC

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Megurditch Patatian (Patatian), previously associated with Supreme Alliance LLC, has at least one disclosable event. These events include one customer complaint, alleging that Patatian 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 $5,000.00 on July 09, 2025.

Unsuitable investment in 3 real estate investment trusts in 2013, 2015, and 2016

Broker Michael Graham in LPL Financial LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Graham (Graham), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Graham 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 $300,000.00 on June 16, 2025.

Client alleges the advisor misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.

Broker Peter Po in Emerson Equity LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Peter Po (Po), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Po 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 $100,000.00 on July 11, 2025.

Information contained herein was obtained from the U5 filing by representative’ previous firm. Claim alleges breach of contract, breach of fiduciary duty, failure to supervise, violation of Best Interest obligation for bonds purchased in 2020

Broker Gary Edmonds in LPL Financial LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gary Edmonds (Edmonds), currently associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Edmonds 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 $1,300,000.00 on May 28, 2025.

Timeframe: June 2014 – 2024\, Allegations: Elderly claimant alleges her accounts were unsuitability invested in 100% equity account and a variable annuity. Claimant further alleges that the FA took discretion and failed to advise regarding surrender fee structure of annuity.

There are Recent Customer Complaints with Broker David Geake in Firm American Trust Investment Services, INC.

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker David Geake (Geake), previously associated with American Trust Investment Services, INC., has at least one disclosable event. These events include one customer complaint, alleging that Geake 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 $200,000.00 on June 16, 2025.

Breach of fiduciary duty, reg bi, negligence

Broker Christopher Knutson in Aegis Capital Corp. Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Knutson (Knutson), currently associated with Aegis Capital Corp., has at least one disclosable event. These events include one customer complaint, alleging that Knutson 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 $100,000.00 on June 02, 2025.

Time frame: 2015 – present. Claimant alleges unsuitable investment.

Broker Edward Fernandez in Capulent LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Fernandez (Fernandez), currently associated with Capulent LLC, has at least one disclosable event. These events include one customer complaint, alleging that Fernandez 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 $161,250.00 on June 02, 2025.

Claimant alleges that the respondent breached fiduciary duties by recommending unsuitable investments, over-concentrating the account in illiquid assets, failing to perform adequate due diligence and monitoring, and misrepresenting or failing to disclose material information. Claimant seeks damages for losses allegedly resulting from these actions.

There are Recent Customer Complaints with Broker Derek Johnson in Firm Morgan Stanley

August 5, 2025 | by Staff Attorney

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Derek Johnson (Johnson), currently associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Johnson 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 $750,000.00 on June 30, 2025.

Claimant alleges, inter alia, unsuitability with respect to equity investments – December 2023 through May 2025

Broker Patricia Holder in Insigneo Securities, LLC Firm Has Customer Complaint

August 5, 2025 | by Staff Attorney

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

FINRA BrokerCheck shows a pending customer complaint on June 27, 2025.

Claimant alleges inter alia, unsuitable investment recommendations and violations of Reg BI with respect to securities-backed line of credit strategy 2014-2024